WeBuyCars earns a risk adjusted gross margin on vehicle sales (vehicle margin), with additional gross margin earned on add-on products (product margin).

Product margin includes agency fees earned from finance, insurance related and allied products sold on behalf of banks.

An overview of Transaction Capital focusing on;

1) ownership of SA Taxi
2) all things WeBuyCars.

Warning ⚠️: this is a very long thread, but it is worth the read.

[Thread]

WeBuyCars reached its medium-term target of 10000 vehicles traded monthly earlier than anticipated.

Medium-term target has moved to 15 000 vehicles per month.

WeBuyCars uses artificial intelligence technology to adjust pricing according to the value and demand of a vehicle.

WeBuyCars’ vehicle bays increased by 52%.

It had ~10 339 parking bays in 15 vehicle supermarkets in March 2023.

The increase was greatly attributed to the Dome branch which has 1125 bays.

7 Sep 202, WeBuyCars bought the Ticketpro Dome.

Mr.Simelane WeBuyCars is NOT in the business of fixing cars, I'm always preaching that on YouTube. It's sad that the poor customer is learning the hard way but it is what it is. That place is not for the faint hearted and don't just rely on dekra reports. DO YOUR OWN INSPECTION.

Every Car Has This, Not Every Car Owner Knows How To Use It

When you think of purchasing a vehicle, do yourself a favor and not even look WeBuyCars direction.

WeBuyCars’ total assets are R4.8bn made up of;

R1.3bn of inventories,
R1.1bn of properties.

Total liabilities of R2.1bn. Majority relates to property backed mortgage loans and trade creditors.

This is a strong balance sheet with low debt levels and high cash conversion rates.

Further growth opportunities for WeBuyCars as part of Transaction Capital’s stable include:

leveraging SA Taxi’s expertise and capabilities to enable WeBuyCars to extend its services to include a credit offering (as principal as opposed to an intermediary).

A friend of mine bought a C200 2014 model ko WeBuyCars, The Dome. Just when they got home, the car battery was dead. Checked the coolant and it was milky, he logged a complaint and they did run arounds saying he should go to a mechanic for diagnostics. Only to send him this🤣🤣

Every Car Has It, But Most Have No Idea Where To Find It

Every Car Has This, But Not Every Car Owner Knows How To Use It

You'll love our range of luxury vehicles. Shop your dream car at #WeBuyCars .

WeBuyCars X-Class Merc Truck to sell, NOW, please
All the paperwork with me, can you find me in Cape Town, Airport, asap.
Still some recyclables to sell on it.
Life got in the way.

Stop buying cars from Webuycars

It now makes sense why we see a WeBuyCars billboard, social media post, radio and print ads everywhere we go.

WeBuyCars has an advertising campaign and is spending over R150m per year on these.

WeBuyCars Filled in I don't do whatapps. Hate tech

WeBuyCars is the absolute worst experience I have had with a dealership! When I complained I was told ‘we push out volumes’.. basically my little vehicle purchase doesn’t matter.. I will neeeever again!

At our #WeBuyCars Brackenfell branch, exceptional service is guaranteed!

WeBuyCars The Derka report showed that the car had zero issues, yet inside the logbook there’s documentation that shows that a diagnostic was done a month before I collected the car and a mechanical issue was picked up. Meaning, WeBuyCars knew about it but still continued with the sale.

Holidaying in Europe with your vehicle - What you need to consider if you are taking your car on a European holiday ☀️

buff.ly/3HaC9rX

#webuycars #sellingcars #buycars online #carbuying #sellcars #carbuyer #sellyourcar #buyingcars #buycars #ukcars #carsceneuk

Siya ♛♚ SA Police Service 🇿🇦 WeBuyCars please see this.

Celebrating 2 years of #WeBuyCars Germiston 🎉

WeBuyCars [email protected]
No need for phone calls, else 1/2 the world could phone me,