Making a good effort
The Car Buying Service is one of a host of firms who simply buy cars.
They depend pretty much on a market where sellers aren't trading-in against a new/newer car, or can't be bothered with the hassle of selling privately.
So, just the same as a particularly well-established rival (who buy any car) The Car Buying Service will perform an online quote, based on the details you provide (mileage, condition, MOT renewal date etc). If you want to go further, you meet up at one of their offices, with the car and all the relevant documentation.
It's that 'gurantee' that you need to be aware of. With the Car Buying Service it is stated in your quote that it is 'guaranteed'. Of course there is a catch, but not one that is particularly underhand; without seeing the car first, The Car Buying Service couldn't possibly hope to turn a profit. That 'guarantee' is more likely a commitment to buy at that price...if your car is in showroom condition.
And you know darn well that no car, other than a brand new one, is ever going to be in showroom condition. Mine had some minor scratches down the sides, some scuff marks on the wheels. Apparently two rear panels had different paint thicknesses to the rest; possibly indicative of a shunt/repair in the vehicles early life. All told, actually getting to see the vehicle meant that 'guaranteed' figure was eaten into a little. So rather than being a 'guarantee', it's perhaps best to be referred to as 'our starting position'.
Get that idea in your head and dealing with The Car Buying Service is actually quite enjoyable. The price paid for my motor dropped by over £300 after all those little blemishes were accounted-for, but, if perhaps I'd taken the time to polish-out the scratches with T-Cut and smoothed-out the scuffs in my alloys (if that can be done) then I'd have only had the different thicknesses of the painted panels to lower my quote. In the end I walked (literally) away with a price I thought was reasonable and a good explanation as to why I didn't get my 'guaranteed' price. There's no pressure on you; you can simply drive your car back home if you don't fancy the price being offered and decide to try another route. There's no scam, not even an effort at one, but it is a hugely efficient and rapid way to sell a car in as short a time as possible.
Mike, my assessor in the Hazel Grove office, was friendly and efficient, though his office, halfway down a corridor with no lighting and on the first floor of a managed office building seemingly far from a populated area, is an experience in itself!
The firm seeks reviews on 'Feefo', which isn't a free reviewing web site (you just get a 'trial offer'). I prefer TrustPilot as an independent reviewing source, and the use of Feefo is a bit corny. The Car Buying Service has no reason to be afraid of the risk of duff reviews and should be encouraging the use of sites like Trustpilot, not least because of the higher number of visitors; it runs perfectly legitimately and is open and upfront. Just be clear in your own head that 'guaranteed' is just the start position with the car as-yet-unseen by them.
18 April 2015
Unprompted review