I am a small car dealer, and intended to buy some cars at BCA Blackbushe
Over a 2 day period the cars I had saved to bid on have risen by around 12%
On asking why the young lady I spoke to put me on hold for a few minutes then told that the spec of the car had been updated, I pointed out that the published spec was exactly the same, she put me on hold again for a longer period of time, and came back with a different answer, this time the Cap Guide had gone up for this particular car between December & January or 2 days this week.
[U]Here is the original price:[/U]
Price Miles Size CAP
- New: £ 12,857
Ret £ 6,175
- - - - Cln £ 4,425
- - - - [B]Avg £ 4,025[/B]
- - - - Blw £ 3,625
Lot Detail Blackbushe, 10 January 2014
And here is the new price:
New: £ 14,852 New: £ 13,797
Ret £ 6,895 Ret £ 5,845
- - - - Cln £ 4,975
- - - - [B]Avg £ 4,550[/B]
- - - - Blw £ 4,075
An increase of £525
Cap price today 09/01/2014
Average dealer retail £5,975 - £6,525
Private sale price £5,275 - £5,650
Trade in clean £4,000 - £4,275
Trade in [B]average £3,650 - £3,900[/B]
Trade in below £3,300 - £3,525
This happened on the cars by the BMW Group but not with cars from other dealers that I was watching.
Not illegal but not very ethical, but it is BCA and now they are owned By Vulture Capitalist, things will only get worse, as they strip the firm in preparation to dumping it, I wonder if they will try to float?
BCA have recently purchased webuyanycar.com
I will monitor this situation over the coming weeks and post the results.
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