Value dropped by 21% since June ?

[HaloJones]

FWIW, I sold mine in August via Motorway for 5K more than WBAC was offering. Still lost a lot compared to what I'd paid a year earlier but WBAC is not a good guide to what your car is worth.

[MikeM]

Agree, WBAC often the lowest as everything goes through BCA and the prices are electronically linked to current auction sale prices. Unfortunately the trade are also following this but usually beat WBAC especially if they have specific interest for certain models. Just now not a good time to sell.

[cj10jeeper]

Agree, WBAC often the lowest as everything goes through BCA and the prices are electronically linked to current auction sale prices. Unfortunately the trade are also following this but usually beat WBAC especially if they have specific interest for certain models. Just now not a good time to sell.

Not all WBAC purchases go to Auction. Constellation Automotive Group also owns Cinch. CAG itself is owned by TDR Capital, who also own Vertu, another 180 plus retailers inc. the likes of Bristol Street Motors. Follow the web and you’ll see WBAC is a cog in a very large PE backed automotive end to end group.
Once purchased cars go to a network of dealers in group, then other dealers and what’s left auction.
They are perfectly placed to feel the pulse of end sales, prices, to networks stock, cash flow, etc. and adjust prices offered. Their model is pretty neat, just losing a lot of money (cinch and BCA) so prices go down.
Of course anyone doing legwork will likely get a better price themselves, but not always.

[scm]

Just now not a good time to sell.

It's never a good time to sell an F-type. Unless you're insane.

[davidls]

It's never a good time to sell an F-type. Unless you're insane.

[davidls]

Just now not a good time to sell.

It's never a good time to sell an F-type. Unless you're insane.

[Eclipse83]

He's not wrong is he .

[cj10jeeper]

Only good time to sell one is if you're moving to a better F Type.
'Better' is subjective of course, but for an SVR I could justify selling my V6S

[scm]

Only good time to sell one is if you're moving to a better F Type.
'Better' is subjective of course, but for an SVR I could justify selling my V6S

Can't argue with that logic!

[Duvetday]

To what extent do you think the current massive drop in prices is seasonal ?....I might sell my convertible in the spring...do you think any hope of a rebound by then ?