Selling Your Car? Don’t Get Taken For A Ride

play article
Subscribers can listen to this article
Woodford Bid is able to auction vehicles quickly and easily because it sells to more than 1200 verified and trusted dealers. (Image: Supplied)
Woodford Bid is able to auction vehicles quickly and easily because it sells to more than 1200 verified and trusted dealers. (Image: Supplied)

The second-hand car sales market can be a dark and scary place. Between sleazy dealers and private buyers on the hunt for a good deal, the value of your vehicle can be cut dramatically when selling.

When a person decides to sell their car, they’re usually motivated by a need. Often that need is urgent and buyers tend to take advantage of this, putting you in an uncomfortable position.

The price you have in mind is also something you base your next decision on. You may want to settle with the bank or want to pay towards your next vehicle. Getting any less than what the car is worth puts you under pressure for the next step.

Take Piet* for example. Last year, he bought a VW Polo and when he decided that he wanted an upgrade to a VW Golf, he thought it best to sell the car and pay the settlement before getting the new set of wheels.

The problem? The settlement amount was around R215 000 and the highest offer he was getting from dealers was R180 000 for a trade-in. This meant he would lose money, even before paying towards a new car!

The solution? Woodford Bid!

In just under five minutes, Piet listed his Polo on Woodford Bid and set a conservative reserve price of R205 000. After that, all Piet had to do was sit back and wait for it to be met.

And within a week, his car sold for R220 000 – all without any haggling or dealing with prospective buyers.

So what’s the catch? There isn’t any. Woodford Bid is able to auction vehicles quickly and easily because it sells to more than 1200 verified and trusted dealers. That means that the pool is wider than the two or three dealers in your area you may be speaking to, which in turn means that there’s more likelihood that your car will sell for the price you want.

It also means that there’s no need to advertise or have contact with anyone but Woodford Bid and its team of experts, should you need them for listing advice and pricing direction.

You’re in full control of the listing and you dictate the terms.

What’s more, because you’re selling to trusted dealers, there isn’t too long a wait in receiving your money and having your car sent on its way.

The best part is that you only pay Woodford Bid a flat admin fee of R2 500 per vehicle after the sale is complete, meaning you have little to no risk and absolutely no reason not to give Woodford Bid a visit.

And the proof is in the results. Since launching the feature that allows private sellers to list, Woodford Bid has seen a great uptake in confirmed sales. In March 2021, more than 50% of these vehicles have been sold, at more than 10% above trade, on average.

So the question is really about why you should settle for less when selling your car, when Woodford Bid puts all the power in your hands, literally at the click of a button. 

Don’t get caught up in the dangers of the second-hand sales market and go straight to where your car will sell!

If you would like to auction your car on the Woodford Bid platform, all you need to do is visit and select the “Sell Your Vehicle” tab. 

You can also contact Anton at Woodford Bid for further information:

This post and content is sponsored, written and provided by Woodford Bid.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24
Show Comments ()
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.