That's exactly what they valued mine at. That's less than scrap value.
But its the damage you can do with one.A mate of mine was an insurance broker and tried for years to get a transport company's buisness, he got it and the next day one of their tankers ran into standing traffic on the motorway it cost the insurance company millions, They went to another company when the renewal was due.
 
They are probably having to pay Scofield silly money for the stupid adverts, hence low prices to anyone daft enough to use them.

Pick any random car less that 5 years old on autotrader & the WBAC result is generally very low as well.
 
Webuyanyshi,,I was in a auction room office 2 years ago a fella came in with the docs of a Porsche not sure witch one but the same group of companies as Webuy offered a price and the fella said he already had quote from another comparison company 7000 grand higher than they offered him
 
A good friend of mine (he duz my mots for me) his wife is a director at Honda dealership, remember when they did a scrappage scheme for old cars? Some old guy bought a Mercedes SLK In he got 2K for it, and they had to scrap it by law, they told him to sell it, but he didn't want to
 
No scraped, it is a dealership they were checked, I bet a lot went to africa though

Loads were parked up in fields for years afterwards. Saw a load somewhere, might have been near Bristol. Probably went on a ship somewhere.

Criminal given the amount of energy it takes to make a car.
 
On some comparison insurance web sites they give you a true valuation!
They do indeed. I paid £2k for my FL2, with a misfire and noisy diff, it's cost me under £3,000 to sort, including replacing all the brakes. When I insured it, the automatic valuation came up as £5,400, so that made me happy. :)
 
Loads were parked up in fields for years afterwards. Saw a load somewhere, might have been near Bristol. Probably went on a ship somewhere.

Criminal given the amount of energy it takes to make a car.
Bulk of them are still on an airfield just rotting away, they can't even be parted out. Have to be scrapped. Some of the vehicles that went through the scrappage scheme was criminal. My old neighbour worked at a dealer and he brought a slack handful of cars off punters for the 2k the scheme offered and then sold them on himself because he couldn't let them go to scrap and the punters had no interest in selling them on.
 

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