Tuesday 22 November 2011

Leading 'car-buying companies' branded rip-off merchants

An investigative piece of journalism from The Sun has seen the newspaper brand a number of Britain's best known car buying companies as rip-off merchants!

The detailed 'expose' involved The Sun getting an independent valuation on a wide-range of vehicles from motor industry experts Parkers, then comparing those figure with what the car buying companies could offer on each car.

Among the most shocking results was Trademymotor.co.uk's offer on a  Audi A4 Cabriolet which was more than £3,500 below the recommended value and a paltry offer from wewillbuyyourcar.com which fell over £3,000 less than the estimated private sale price for a modest Peugeot 207.

The Sun was also particularly critical of those companies which charge a 'transaction fee' (which they take out of the price they offer), including the well-known webuyanycar.com.

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