webuycars

  1. Hanno Labuschagne

    All not lost for WeBuyCars

    All not lost for WeBuyCars Victor Seanie, head of research at Benguela Global Fund Managers, said there is a cloud over WeBuyCars, but that its long-term prospects remain strong. WeBuyCars is a dominant player in the South African secondhand car market, selling an average of 15,000 to 16,000...
  3. D

    Webuycars is an absolute joke of a company

    Yeah. I've already read the warning signs everywhere, and don't worry - I haven't purchased anything from them. Not for a lack of trying. They really seem to enforce that whole "no vehicle financing" on a Category B vehicle no matter what. Wesbank seems willing to finance the vehicle, as it...
  4. N

    Are kickbacks on loans legal?

    Hey everyone, Im curious, when applying for vehicle finance through a company like WeBuyCars, is getting a kickback on the loan legal? I'm in the process of purchasing a car, all my loan applications were "rejected" except for WesBank, who offered me 15.x% interest. They were veeeery keen to...
  5. B

    We Buy Cars Sales Process

    I was looking to purchase a new vehicle at We Buy Cars and visited the Dome Branch on Sunday, the 24th of September 2023. I was specifically interested in the Hyundai Creta. One particular vehicle caught my eye, but it was indicated that it was on auction. I asked for assistance and inquired...
  6. Jan

    Transaction Capital replaces CEO David Hurwitz with cofounder Jonathan Jawno

    WeBuyCars owner announces new CEO David Hurwitz will resign as Transaction Capital group CEO and board director, effective 31 December 2023. “David joined Transaction Capital in 2005 and has played a pivotal role in the company’s growth and success,” the company said in a statement on Monday.
    • Jan
    • Thread
    • david hurwitz jonathan jawno transaction capital webuycars
    • Replies: 0
    • Forum: Broadband and IT News
  7. Jan

    WeBuyCars and RTMC launch online car registrations, hope to go public in 2024

    WeBuyCars launches online car registration system — but there's a catch Through a first-of-its-kind public-private partnership, the Road Traffic Management Corporation (RTMC) and WeBuyCars have launched an online vehicle registration system in South Africa. However, according to Faan van der...
    • Jan
    • Thread
    • faan van der walt road traffic management corporation (rtmc) webuycars
    • Replies: 3
    • Forum: Broadband and IT News
  8. O

    Buying used Suzuki Jimny vs used vw amarok double cab

    Hi everyone I have seen how versatile the jimny is. It can drive anywhere. I'm thinking of buying the car but i have unanswered questions. 1. Is the car good as daily drive? 2. Is the car comfortable for long drives? 600km plus drives? 3. Is the car good buy for family of 5? 4. Are the...
  9. N

    Where can I do a really good Audi presale inspection in Gauteng?

    Hey everyone, looking at an Audi from WeBuyCars in Pretoria, Dekra report looks good but I have trust issues. I would like to have a company in Pretoria/Jhb do a presale inspection, namely I would like the gearbox looked at. I know there are loads of mechanics who say they can do one, but I...
  10. Hanno Labuschagne

    WeBuyCars now selling over 10,000 cars per month

    WeBuyCars now selling over 10,000 cars per month WeBuyCars recorded tremendous growth between October 2021 and March 2022, with revenue, sales, and headline earnings surging compared to the same period the year before. Transaction Capital detailed the used car dealer’s impressive half-year...
  11. Jan

    Photos from inside the WeBuyCars Dome

    The WeBuyCars Dome — pictures of Africa's biggest used car showroom The WeBuyCars Dome opened its doors to the public on 14 December 2021, making South Africa home to the largest used vehicle showroom on the continent. According to the pre-owned vehicle giant, the “super-showroom” can hold up...
  12. Jan

    WeBuyCars planning expansion in Egypt, Morocco

    Your used car could be worth much more than a year ago Many second-hand vehicles in South Africa are now worth more than a year ago. That is according to WeBuyCars founder and executive director Faan van der Walt, who was recently interviewed on Talk 702's The Money Show with Bruce Whitfield.
  13. Jan

    WeBuyCars Dome opens its doors

    WeBuyCars relaunches the Dome as a “super-showroom” WeBuyCars has launched its WeBuyCars Dome, a new "super-showroom" in Northgate, Johannesburg, capable of accommodating more than 1,000 vehicles. According to the company, that officially makes it the largest used vehicle showroom in Africa.
  14. Jan

    WeBuyCars had an excellent year

    WeBuyCars’ incredible performance — 88,000 cars sold and R10 billion in revenue WeBuyCars had an excellent year. Ecommerce sales doubled, and it is now selling around 8,000 vehicles per month.
  15. Hanno Labuschagne

    Big WeBuyCars Dome plans in detail

    Big WeBuyCars Dome plans in detail MyBroadband has received a detailed master plan showing the envisioned layout of the massive new WeBuyCars dealership at the former TicketPro Dome entertainment venue. In July, WeBuyCars confirmed it purchased the popular venue in Northgate, Johannesburg, to...
  16. Jan

    WeBuyCars merger with Transaction Capital approved

    WeBuyCars deal approved The Competition Tribunal has unconditionally approved the large merger between Transaction Capital and WeBuyCars, the regulator announced on Monday. Transaction Capital will increase its shareholding in WeBuyCars through its wholly-owned subsidiary, Transaction Capital...
  17. D

    WeBuyCars now Offering Dekra Roadworthy Vouchers - Your Thoughts...

    Hi Everyone, I noticed this morning on WeBuyCars' (WBC) Website that some of the vehicles now come with a "Dekra Roadworthy Voucher". Upon further inspection it seems that these are the Category A (Finance) Vehicles that do not require any additional work. It seems that these vehicles would be...
  18. Jan

    Transaction Capital deal to acquire WeBuyCars gets Competition Commission approval

    WeBuyCars sale to Transaction Capital gets green light The Competition Commission has recommended that the Competition Tribunal approve the proposed transaction, which will see Transaction Capital become the majority shareholder in WeBuyCars. It has recommended the transaction be approved...
  19. Jan

    Ticketpro Dome buyer revealed - it's WeBuyCars

    WeBuyCars to buy Ticketpro Dome in Northgate WeBuyCars, the biggest car-buying service in the country, is set to buy the Ticketpro Dome in Northgate. RX Venue Management, who managed the Ticketpro Dome for 20 years, announced yesterday that the Ticketpro Dome had been sold to new owners who do...
    • Jan
    • Thread
    • carol weaving northgate dome rx venue management ticketpro webuycars
    • Replies: 54
    • Forum: News and Current Affairs
  20. Hanno Labuschagne

    The R4-billion success story of WeBuyCars

    The R4-billion success story of WeBuyCars WeBuyCars is a tremendous success story. Started in 2001 by two brothers, Faan and Dirk van der Walt, it is now a household name and generates billions in revenue. Buying, fixing, and selling cars are in the brothers’ blood. They started doing it as a...
  21. Hanno Labuschagne

    How many cars WeBuyCars sells in a month

    How many cars WeBuyCars sells in a month WeBuyCars is currently selling 6,925 vehicles per month with an average selling price of R112,000 per car. This was revealed in Transaction Capital’s results for the half year ended 31 March 2021. Transaction Capital is a 49.9% shareholder in WeBuyCars...
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