Which Car Buying Service Offers the Best Price?
We tested five of the top car buying services to find out which one provided the best quotes for five different cars.
Key Findings
- Money4YourMotors.com offered the best price for 3 out of the 5 cars
- WeWantAnyCar.com quoted the best prices for the remaining two cars
- WeBuyAnyCar.com offered the lowest quotes for four out of the 5 cars
- The best prices beat all the trade valuations from What Car?
Study Details
The study obtained online quotes for 5 cars from the following car buying services:
- WeWantAnyCar.com
- WeBuyAnyCar.com
- TrustedCarBuyers.com
- TheCarBuyingGroup.co.uk
- Money4YourMotors.com
The following five cars were quoted for in the study:
- Ford Fiesta 1.25 Edge 3dr 2011
Petrol
57,000 miles
2 owners
Full service
More than month left on MOT - MAZDA 3 2.0 Sport Nav 5dr 2015
Hatchback Petrol
18,000 miles
1 owner
Full dealer service history - Land Rover Discovery 3.0 SDV6 XXV 5dr Auto 2014
SUV Diesel
33,400 miles
3 owners
Full service / part franchise
More than month left on MOT - BMW 3 SERIES 2.0 318i SE 4dr 2009
Saloon Petrol
77,000 miles
5 owners
Part service history
More than month left on MOT - MINI Hatch 1.6 Cooper D 3dr 2009
Diesel
67,300 miles
4 owners
No service history
More than month left on MOT
In conclusion, the initial online quotes that car buying services provide can vary in price quite significantly. It is therefore pragmatic to shop around for the best quote before accepting the offer from any one service.
As each service made several attempts to contact us following the online quotes, it is also recommended that sellers continue the dialogue with each service provider they contact, to see whether they can offer a better price than the one they initially provide online.
The figures are correct as at 02/02/2017.
The full results are depicted in the infographic below.