WeBuyCars changes the face of the used-car market

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The start to the new financial year looks good too. In April, it bought 10,247 vehicles for about R1.5bn and sold 9,868 for about the same price.

Selling or buying cars today depends on data rather than just kicking tyres or a cursory look under the bonnet. Collecting that data “is paramount to our success”, says Faan van der Walt, executive director of WeBuyCars, one of the biggest used-cars dealers in SA.

Van der Walt would like more of that data and says dealers should be able to access that without breaching the Protection of Personal Information Act. It helps eliminate fraud too, he says...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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