To back up your claim since selling my car to cazoo circa 1 month ago the valuation of my old car (using the registration) had dropped by £950 from its selling price but has since bounced back to £350 .. like you say with the lack of new cars and the likey higher demand for used cars post...
My dayz... super impressed with Cazoo. I was expecting to have to haggle but none of it... Great customer service.... quick as you like. Payment was in my bank before I left the building.
Very impressed
We shall soon see..who knows what will happen.... but for me personally the money on the table is too much for me to be messy around with..... let's see how the handover process goes with cazoo on Friday.!!!!
On a random note I'm going to miss my SEAT Leon FR... really fun car to drive and...
You could well be right.... I do feel I might have been trigger happy selling now (due to hand it over to Cazoo onFriday) however I'm not willing to take on the risk of the used car market dropping materially
I also think that at minimum we've already seen the used car values peak circa a month...
The PCP settlement balance was £7.8k which will give me circa £6.4k of cash... I was due to use the car in a part ex for a new audi.. but I'm concerned the used car market will be heading back down to normal values by the time the new Audi is ready
I'm not willing to take that risk... I'm due to hand over my car to cazoo on Friday..... SEAT Leon FR 67 plate with 22k miles on the clock valued at £14.4k
I'm really nervous about losing the profit in my car if the used car market drops to normal levels.... my new Audi a3 is due to be built in early March.....I'm unsure if used car prices will have dropped by then..... I'm almost tempted to sell my car now to bag the profit and buy a run around
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