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We Buy Any Car

From Wikipedia, the free encyclopedia
British company

We Buy Any Car Limited
Logo for We Buy Any Car Limited
  • webuyanycar
  • webuyanyvan
Company typeSubsidiary
IndustryMotor trade
FoundedMarch 2, 2006; 19 years ago (2006-03-02)
Founders
  • Noel McKee
  • Darren McKee
HeadquartersHook, Hart,Hampshire, England, UK
Number of locations
500+ branches (2022)[1]
Revenue£1.1billion (2019)
Number of employees
1,100+ (2023)[2]
ParentBCA
Websitewebuyanycar.com
We Buy Any Car office inAsda car park atMiddleton, Leeds

We Buy Any Car Limited (often stylised aswebuyanycar) is a car buying service with over 500UK[3] and 170 United States locations.[4] UK headquarters are inHook, Hart,Hampshire, England[5] and United States headquarters are located inMedia, Pennsylvania.[6]

History

[edit]

The company was founded by Noel and Darren McKee in 2006.[7]

In 2013, the company was sold to the used car marketplace,British Car Auctions (BCA).[8]

In 2018 Avril Palmer-Baunack, chief executive of British Car Auctions (BCA), which owns We Buy Any Car received a £29M bonus[9]

In November 2019, private equity group TDR Capital completed the purchase of webuyanycar.com's parent company, BCA, for a reported £1.9bn.[10]

Research

[edit]

In 2014, the company released the results of a mock Driving Theory Test on its website, revealing that six in ten drivers who sat the test, failed. The study showed that drivers in the 17-21 age group had the lowest pass mark of any age group, while drivers in the 46 to 65-year-old group had the highest pass rate.[11]

In late 2018, research conducted by the company found that seven in ten Britons spend 11 hours in their cars during the Christmas period. Revealing that on average, families travel 311 miles, just under the distance of London to Edinburgh, to see extended family over the festive period.  Collectively, British motorists travel over 5.9bn miles in cars over Christmas.[12]

See also

[edit]

References

[edit]
  1. ^"Webuyanycar.com - Branch locator". Retrieved9 September 2022.
  2. ^"webuyanycar - About us". Retrieved20 April 2023.
  3. ^"Branch locator - Over 500 branches nationwide | webuyanycar".www.webuyanycar.com/. Retrieved2022-09-09.
  4. ^"We Buy Any Car Locations | Find Your Local Branch".www.webuyanycarusa.com. Retrieved2022-09-09.
  5. ^"Webuyanycar.com - Terms & conditions".www.webuyanycar.com. Retrieved2020-09-25.
  6. ^"Contact Us | Getting in Touch | We Buy Any Car ®".www.webuyanycarusa.com. Retrieved2022-09-09.
  7. ^"Webuyanycar.com reaches milestone after buying one-millionth vehicle".Manchester Evening News. 26 January 2017. Retrieved19 June 2023.
  8. ^"BCA signs a deal to purchase We Buy Any Car".AM Online. 17 May 2013. Retrieved19 June 2023.
  9. ^https://www.independent.co.uk/news/business/news/webuyanycar-female-executive-pay-avril-palmer-baunack-shareholder-backlash-a8521381.html
  10. ^Media, Insider (7 November 2019)."TDR completes BCA takeover".Insider Media Ltd. Retrieved2020-09-25.
  11. ^"Driving Theory Quiz".webuyanycar.com. Retrieved14 March 2022.
  12. ^"UK motorists will travel 5.9bn miles this Christmas".Tyrepress. 2018-12-21. Retrieved2020-09-25.
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