We Buy Any Car Scam Update

Damage control.

Whilst I am happy to see as much pain as possible inflicted upon these miscreant charlatans, please remember that WBAC leased many of the properties it operated from. Although you feel you are taking your frustrations out on WBAC by damaging their premises, you are in fact hurting the livelihood of other innocent parties and perhaps putting yourself at risk of litigation.

“Not Happy” commented on my other WBAC article that windows had been smashed in the buildings on her premises. This person was the landlord of a property rented to WBAC and not affiliated with WBAC themselves. Hopefully her insurance will cover her losses, however if the liquidators have to pay for the damage it will mean less money will be available for those that have lost their cars.

Jason M posted on the Product Review site:

The liquidators Worrell’s advise:

“We understand that there are a number of people who have sold cars to the company and have not been paid. With the liquidation of the company, your claim will be a ‘unsecured debt’ in the company. Please note that regrettably you do not have the right to reclaim your car, only an entitlement to a dividend in the liquidation”

Vehicle owners arent legally able to retrieve their vehicles, although this hasnt stopped some people entering some dealerships and removing their vehicles on a tow truck. (As owners would have surrendered their keys upon “sale”.)

While by the letter of the law, this is illegal, I would assume the liquidator (who has no money due to the insolvency of the company) will be unable to commence any proceedings to get those vehicles back. While the liquidator would have the option of calling the police and reporting the vehicle stolen, it is unclear if the police would regard the matter a civil matter as well.

I’m not a lawyer so I don’t know what the legal ramifications are with repossessing your vehicle and I would certainly never advocate illegal behaviour. So if your car is sitting on a lot somewhere and you know where it is, think very very carefully about your next course of action. You may end up liable for prosecution.

Too many people have been hurt by the reckless, criminal activities of the people in charge of WBAC. Let’s not add to the list.

Positive steps you can take include:

Contact Worrells and register your claim. This is top priority for everyone owed money by WBAC.

If you are in NSW then the NSW Department of Fair Trading have said:

Customers owed money by Kar Land Pty Ltd, trading as Webuyanycars (licence number MD038189), or who have handed their car to the business and have not yet lodged a complaint should contact NSW Fair Trading on 133 220.

Consumer Affairs – Victoria, have also urged people to contact them on 1300 55 81 81. The released this statement the other day:

Kar Land Pty Ltd, which traded as WeBuyAnyCar and operated car yards in Dandenong and Altona, has gone into voluntary liquidation.

The company has appointed liquidators Rajendra Kumar Khatri and Morgan Lane of Worrells Solvency and Forensic Accountants.

If you have sold your car to WeBuyAnyCar and have yet to receive payment, contact the liquidator immediately on 07 3225 4300 to advise that you are a creditor of the company.

You can also consider making a claim on the Motor Car Trader Guarantee Fund. Customers who have not been paid for their cars are urged to contact Consumer Affairs Victoria on 1300 55 81 81.

For more information on the fund, including who is eligible to claim and what claims are covered, view our Compensation claims – motor cars section.

In a statement, the liquidator has advised that:

  • your claim will be an ‘unsecured debt’ in the company
  • customers do not have the right to reclaim their car, only an entitlement to a dividend in the liquidation
  • creditors should note that WeBuyAnyCar has ceased trading and are advised not to deal with the company.

We have been contacted by more than 30 people regarding this company, and have issued a public warning to consumers not to trade with them. WeBuyAnyCar’s business model is based on obtaining cars from private customers but not paying for them until after the cars have been sold.

In many cases, customers have not been paid for their cars until many weeks afterwards – and sometimes not at all – despite being told they would be paid within 10 days of WeBuyAnyCar taking possession of the vehicle.

The company also operates in New South Wales and Queensland. Consumer Affairs Victoria is working closely with these jurisdictions.

The Creditor Watch website has indicated that there is a creditors meeting to be held on the 16th August (click the button that says View Document Images) . The Insolvency Appointments website confirms the meeting. If you are a creditor, you may want to attend.

The Intellectual Property register has listed several website addresses (trademarks) owned by Kar Land. Trademarkify has images of the proposed logos. Check it out and be aware that they may try and pop up as a ‘different’ business.

Libby Beaumont provided the following details on the Stuff Review website regarding a potential class action she was preparing against WBAC.

Libby Beaumont July 18, 2012 at 8:45 pm
I am in contact with many other people writing blogs and information on the internet about WBAC, I have also complained to ACCC and never had returned emails or phone calls from all at WBAC, if you would be happy to provide me with your details, I plan to colate them as I have a similar experience to you. If you would like to join forces and launch a Civil Class Action claim on webuyanycar.com.au I would be happy to hear from you directly on 0414585607 or willandlibby@netspeed.com.au. Regards- Libby Beaumont

I corresponded with Libby over the weekend and she would be very happy to hear from you.

Good luck everyone. I truly hope we see a happy ending in all this.

Webuyanycar.com.au In Liquidation

On the 26th of July I posted an article called Life Lesson Well Leant about the trials and tribulations of doing business with the most unethical car dealership I have ever encountered. With thousands of readers per week I had hoped to prevent anyone else from being conned by these miscreant charlatans.

Other web and social media sites also ran red hot with complaints.

Product Review was the first one I stumbled across. 71 out of 91 reviewers have slammed this company, and rightly so.

Stuff Review begins their appraisal with the elegant one-liner “What a bunch of shit.” I couldn’t agree more. So prolific were the responses that they created a FaceBook page on the 25th July to make it easier for people to engage with them and vent their frustrations.

Even A Current Affair got involved with a little expose. Unfortunately their follow up has been a little… lets say quiet 😉

The comments kept coming in thick, fast and vitriolic.

On the 27th July Mr. Jeremy Herbert, the Head of Global Rollout for webuyanycar.com contacted me with the following statement, which I ran on my site:

Hi Matt – we feel your pain. I represent webuyanycar.com (not webuyanycar.com.au) who have been established since 2006 and have 150+ branches in Europe and the United States. We’ve bought cars from hundreds of thousands of customers and we have a very high customer satisfaction rating.

We’ve been reading the complaints about webuyanycar.com.au with increasing concern. They are not related to our business in any way yet we’ve heard from many people who have mistakenly thought they were part of our business and have experienced service that is simply unacceptable. We’ve also offered advice and assistance to customers who have been left waiting for payment. When we buy a car, we either pay the customer immediately by cheque (in the United States) or by secure bank transfer and the transaction is always backed up by cleared funds. As the World’s biggest specialist car buyer we know that a fast and hassle-free transaction is important to our customers. We have our lawyers working on the brand confusion problem.

Hope you have a good outcome from your transaction and please feel free to contact me personally if you need any help with this matter.

Once again to reiterate, webuyanycar.com.au is not part of webuyanycar.com, is not a franchise of webuyanycar.com and not connected in any way to webuyanycar.com.

Mr. Herbert was quick to distance himself from the corrupt shenanigans of webuyanycar.com.au and I must say, I cannot blame him. Their brand has been damaged, many Australians lives have been ruined.

On the 30th July, after hearing a rumour that the company had been shut down, I checked the forums. People had said that webuyanycar.com.au was in liquidation and that the firm responsible for managing the wind up was Worrells Solvency and Forensic Accountants. I tried calling but received no joy so I loaded their website and found the following press release:

KAR LAND PTY LTD TRADING AS ‘WE BUY ANY CAR’ – IN LIQUIDATION
Released: 30.07.2012

URGENT NOTICE – ALL CREDITORS AND INTERESTED PARTIES
Worrells Solvency & Forensic Accountants have been appointed as liquidators to ‘Kar Land Pty Ltd trading as ‘We Buy Any Car’.

The matter is in its infancy and we are process of collating all relevant information.

We ask for your patience during this period. Our office is currently being inundated with calls, we only have limited information to pass on at this time.

Information regarding this business will be posted on our website as and when it becomes available.

Please refer to this section ‘Press Releases’ for full information.

1. Customers – who have sold cars to the company
We understand that there are a number of people who have sold cars to the company and have not been paid. With the liquidation of the company, your claim will be a ‘unsecured debt’ in the company. Please note that regrettably you do not have the right to reclaim your car, only an entitlement to a dividend in the liquidation. This process will take some time, therefore we request your patience in the matter. In the meantime, customers are asked to provide us details of their claim, so that they can be added to our reporting database. You will be able to lodge this information via our homepage shortly.

2. Employees
With the cessation of the business, prior to our appointment, again regrettably employment arrangements have been terminated. We understand that there would be entitlements owing to you. Unfortunately the company doesn’t have funds to pay these entitlements. However we would like to inform you that your entitlements do have full priority (except for superannuation) and would be paid under the GEERS scheme (Government Employee Entitlement Redundancy Scheme). We are in the process of getting all the employee details and we will be writing to you in regards to your claims.

3. Creditors
Please note that the company has ceased trading, therefore you should not be making any supplies to the company. In the meantime, you are asked to provide us details of their claim, so that they can be added to our reporting database. You will be able to lodge this information via our homepage shortly.

The Australian company We Buy Any Car with the annoying jingle and immoral mismanagement had made the lives of its customers, employees and creditors miserable. Some people, like myself, managed to get our money. This was achieved through sheer determination, dogged persistence and the fortunate timing of our sale. For those that are still owed, get in touch with Worrells and lodge your claim as soon as possible.

Good luck.

Matthew