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There's no doubt about it but the cash for cars market has certainly changed the way that members of the public sell their car, and IMHO not always for the best, but my question to you is where do you think this market came from and is the cash for cars market severely harming your business or have you embraced it and it's improved your business? Many of you will say WBAC created the market but I disagree I think It started here http://web.archive.org/web/20070609085343/http://www.cellyourcar.com/index.asp most of the industry's biggest players registered to buy cars from the public via this site before going on to set up there own websites that dominate the market today http://web.archive.org/web/20070617094733/http://www.cellyourcar.com/public/public_about_us.htm including the big one. Also where do you see the cash for cars market heading in the next 2 years are the big going to get bigger or is a backlash from the independents just around the corner. Would love to hear you're views. If you want to hear mine listen to Friday's podcast on motortraderadio.com
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What an interesting conversation with a customer ! Rings about a car £9000 -, tells me the PX he has is being 'sold' at £9000 , How much would I do a deal to swap. His car is worth £7250 so I tell him I need £1750 to swap ! He says but you want to make profit on both cars , why are you being so greedy ? He says IF I sell my car for £9000, cause that's what they're selling for it would be a straight swap! Long story short I kept it very amicable - and explained I am in BUSINESS AND I NEED TO MAKE PROFIT OB BOTH cars , as they are individual deals! He said I thought you'd do me a favour !! I said that's fine I'd you a favour as long as you pay my wages as a favour back ! He's gone away to see if anyone else will do him a favour ..anyone want his number !