As above. BCA own WBAC and as BCA have a huge database of how much cars sell for, they get their margins right.
They make money on the auction, plus the protection plans they sell that cover things like major faults and these have a sliding price depending on what level of dealer you are.
If the dealer wants, a BCA company then finances the vehicle to the dealer at high interest rates. When the car is sold the dealer has to repay BCA.
If BCA are not repaid within a certain time limit then the interest rate doubles.
Dealers are lucky to make £200-300 on a standard car. Premium (£50k+) cars do better.
Edited by James2018 on 12/04/2019 at 03:09
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