Car buying establishments

[XPD]

Seems like these car buying companies like webuycars and carzar are getting popular judging by their advertising and on webuycars their stock on hand per their website which I presume is what they buy.

I wonder what effect this is having on the traditional trade in process at a car dealer. Surely the car dealers make a tidy profit from trade ins which they might be missing out if their customer sells to these companies instead of trading in. A while ago I did an online valuation at webuycars and they gave an indicative price. I then went to a dealer and they offered me a trade in value lower that Webuycars. When I told the dealer their value was lower the instantly upped the trade in price to 5k more than WBC so I can trade it in with them.

 

[handyman007]

Seems like these car buying companies like webuycars and carzar are getting popular judging by their advertising and on webuycars their stock on hand per their website which I presume is what they buy.

I wonder what effect this is having on the traditional trade in process at a car dealer. Surely the car dealers make a tidy profit from trade ins which they might be missing out if their customer sells to these companies instead of trading in. A while ago I did an online valuation at webuycars and they gave an indicative price. I then went to a dealer and they offered me a trade in value lower that Webuycars. When I told the dealer their value was lower the instantly upped the trade in price to 5k more than WBC so I can trade it in with them.

Hate it when dealers try to screw people. It will be difficult for me to give that dealer my business.

 

[MIA7171]

That's strange. I have heard many people recommend webuycars offering higher trade in value than dealerships, but when I went to webuycars for trade in value they gave me a offer value lower than the dealership. I ended up with the dealership because they offer higher trade in value than webuycars.

 

[KeithFarquharson]

Avoid Carzar. They offered me half of what both the dealership and Webuycars offered me. Perhaps they thought I was desperate...Be warned.

 

[TheChamp]

I think the dealer's primary interest has always been to sell new cars, the trade in parts was always supposed to lead to a new car sale, I doubt they are losing on anything if someone sells their car to Webuycars and giesback to the dealer to buy a new or used car.