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Old 10-02-2017, 10:53 AM   #76
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BCA used to do something called SureSell which I used to move on a car once. It was fine - you got (less a fee) whatever the car fetched in the auctionÖ..
Thatís what everyone gets when they sell a car (or indeed anything else) at auction.
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Old 10-02-2017, 11:27 AM   #77
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That’s what everyone gets when they sell a car (or indeed anything else) at auction.
Well, yes...the point I was making is that they seem to have stopped this now in favour of WBAC. Which is less transparent.
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Old 10-02-2017, 11:44 AM   #78
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Thatís what everyone gets when they sell a car (or indeed anything else) at auction.
Except an auctioneer that rhymes with male children.
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Old 10-02-2017, 12:57 PM   #79
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That’s what everyone gets when they sell a car (or indeed anything else) at auction.
My understanding is that car auctions are normally not available to private buyers or private sellers - i.e. this is usually a trade-to-trade event.

So if SureSell was meant to increase the supply of cars for auction by also getting cars from the public, then it makes sense that this was the precursor of WBAC.

Ultimately an auction house makes money from commission charged on transactions - the more transactions it runs through the business the more profit it makes.
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Old 10-02-2017, 01:58 PM   #80
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WBAC spend £100's of thousands on TV advertising, they have to cover that, whichever way its looked at before any profit might begin, they are IMOP a waste of time and money, unless its an old Banger you have to sell stay away, they are no better than the used car seller working out of a shed, on waste ground, SHARKS! Out to make a quick buck at your expense!
Quite the opposite in my experience, if you have a car that still has some warranty, they will often pay top dollar, now that may still be a shock to many price wise, but generally they will pay far more than BMW, Mercedes et al will as a part ex, and often close or above what you could expect to sell as a private sale.

It is the bangers where they pay you pittance, because, to be blunt, they don't really want them.
But when you call yourself "we buy ANY car" you can't really say "we won't buy your car" so they just lowball you rather than say "Waht the **** do we want that for?".
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Old 10-02-2017, 03:07 PM   #81
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My understanding is that car auctions are normally not available to private buyers or private sellers - i.e. this is usually a trade-to-trade event.

So if SureSell was meant to increase the supply of cars for auction by also getting cars from the public, then it makes sense that this was the precursor of WBAC.

Ultimately an auction house makes money from commission charged on transactions - the more transactions it runs through the business the more profit it makes.
Although they host certain "closed" sales purely for the trade, the regular sales held at all BCA sites are open to both private and trade buyers although I'm not certain whether they still accept entries from private sellers.

In the case of BCA, they charge weighty commission to both buyer and seller and make a very nice margin indeed.
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