We Buy Any Car
British company From Wikipedia, the free encyclopedia
We Buy Any Car Limited (often stylised as webuyanycar) is a car buying service with over 500 UK[3] and 170 United States locations.[4] UK headquarters are in Hook, Hart, Hampshire, England[5] and United States headquarters are located in Media, Pennsylvania.[6]
 Logo for We Buy Any Car Limited | |
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| Company type | Subsidiary |
| Industry | Motor trade |
| Founded | March 2, 2006 |
| Founders |
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| Headquarters | Hook, Hart, Hampshire, England, UK |
Number of locations | 500+ branches (2022)[1] |
| Revenue | £1.1billion (2019) |
Number of employees | 1,100+ (2023)[2] |
| Parent | BCA |
| Website | webuyanycar |
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History
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
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
References
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