Second hand car buying has changed massively over the last 15-20 years and this is no surprise given the introduction of the internet and how it integrated into our modern lives. Having been exposed to the way in which the second hand car market has changed from the traditional car dealership business model, to the one that we are now seeing with the launch of big online car buyers such as webuyanycar.com and wewantanycar.com it is apparent that this is where the future of the second hand car buying market is heading.
Such is the change, that we have decided to move from the traditional car buying model into the internet and work in conjunction with those two large car buying services. If someone, fifteen years ago decided to that the time was right to sell their car and they someone to buy their car, they simply put an advert into the car and left it on a busy road, or went directly to a physical dealership. The price that was given to the person selling their car would have been localised and dependant upon the discretion of the local car dealer. The local dealer price might differ massively from county to county and there was no uniform pricing model – it was all subjective and discretionary.
The Need For Fast Car Price Valuations
Nowadays, we and a number of national car buyers have access to a national database of car prices all linked to the registration number plate of a car. The database can cross reference the price of a particular car make, model, colour, age, milage that is inputted into a website valuation form and then compare that to database average price for such a car. This is done when a registration form, such as the one on this page or the home page is completed and it will return an approximation of the value of the car to the owner within 30 seconds. Now that is fast when compared to the old way of finding an average valuation of a second hand car over 15 years ago!
As you can see, today the process is all about speed people have access to information. You will be able to use this website on your mobile phone and be able to make a good judgement on the value of your car while on the train – there is no need to take time away and visit a dealer!
Physical Inspection of Your Car
Buying your car has never been more straightforward than it is today and that is where the second part of any car purchase comes in. The valuation that comes back from the national database is based a few criteria and there in one component that cannot be judged on the internet and that is the condition of the car. There is no way, we as car dealers are able to give a good valuation without actually seeing and inspecting the car. This is why we request that you bring your car to one of our locations throughout the UK before accepting a price for your car. Most of the time there is superficial damage that reduces the value of any car.
Speed Of The Transaction
Now this is where we really aim to shine, once a price has been agreed the funds will be directly transferred into your bank account using the internet. And the internet has really changed the way in which the banking is done. We can now transfer money instantly from bank account to bank account. There is never the waiting that used to be involved with cheques having to clear, or the additional payments that were involved with CHAPS payments. Not now, and this is why we’ve embraced this and incorporated in into our business model by raising the standard above that of our competitors. Speed is of the essence in the 21st century – call us today to find out more.