(Also, read: Best age to sell or trade your car in)
WeBuyCars was founded by me and my brother, Dirk, in 2001… I’m the executor… I never procrastinate, while Dirk is the dreamer… We’re a good combo!
— Faan van der Walt, WeBuyCars.co.za
I taught in the UK for two years… We saved an amazing amount of money [R300 000]… I bought a house… and with the rest, I funded the business…
— Faan van der Walt, WeBuyCars.co.za
The second-hand car space doesn’t have a good reputation at all… as far as our culture is concerned… We don’t hire people from the motor trade…
— Faan van der Walt, WeBuyCars.co.za
Faan van der Walt is the founder of WeBuyCars.co.za and WeSellCars.co.za.
WeBuyCars.co.za offers private car sellers the ability to do so through a three-step online procedure.
It offers expert sales advice and secure transactions.
The company comes to a location suitable to the seller, making sales safe and convenient.
For second-hand car buyers, Van der Walt offers a wide range of thoroughly inspected vehicles with the required documentation.
Dealerships also benefit from WeSellCars.co.za’s wholesale prices on a range of stock.
Naspers-owned OLX Group recently invested R1.4 billion in WeBuyCars.
The Money Show’s Bruce Whitfield interviewed Van Der Walt for his weekly “ShapeShifter” feature.
Listen to the interview in the audio below (and scroll down for more quotes from it).
People just don’t have the time to go through the hassle…
— Faan van der Walt, WeBuyCars.co.za
My brother and I did everything ourselves… it’s that 10 000 hours thing everybody talks about…
— Faan van der Walt, WeBuyCars.co.za
We saw our service levels drop; we were just so busy!
— Faan van der Walt, WeBuyCars.co.za
Initially, we only worked in Gauteng… We found ourselves flying to Cape Town ever so often… Right now, we’re all over the country…
— Faan van der Walt, WeBuyCars.co.za
[We have] 720 employees…
— Faan van der Walt, WeBuyCars.co.za
We’ve taken actual sales data of over 100 000 vehicles… We use that together with book value and market trends… to determine [sales price]…
— Faan van der Walt, WeBuyCars.co.za
We trade over 5000 vehicles a month…
— Faan van der Walt, WeBuyCars.co.za
Our buyers are thoroughly trained… even if it’s not a reliable vehicle, we’ll still buy it at a certain price… We’ll buy anything!
— Faan van der Walt, WeBuyCars.co.za
Yes [when asked if Van Der Walt will stay in control, after the OLX investment].
— Faan van der Walt, WeBuyCars.co.za
Cars are in my blood… I leave at six in the morning because I love it!
— Faan van der Walt, WeBuyCars.co.za
I drive every single car there is… it’s one of the perks of the job… I love Porsche…
— Faan van der Walt, WeBuyCars.co.za
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Read More
![[WATCH] Volkswagen’s new feel-good Kombi ad 'Cupcake Boss' is brilliant](https://cdn.primedia.co.za/primedia-broadcasting/image/upload/fl_progressive,q_80/c_fill,g_faces,h_148,w_233/fuujkhtohkf5th3evxcl.jpg)
Advertisers traditionally warn against working with children. In this ad it works beautifully, says ad expert Andy Rice.
It also ordered the company to pay for all the costs of the application. Bruce Whitfield interviews EWN’s Clement Manyathela.
The Money Show’s Bruce Whitfield interviews Neville Mandimika, Africa Strategist at Rand Merchant Bank.
The Money Show’s Bruce Whitfield interviews Simon Brown, Financial Educator at Just One Lap.
Ray White interviews Thobelani Maphumulo, author of "Invest Your Way to Wealth".
Popular articles
Only when consumer journalist Wendy Knowler chased Standard Bank did they admit wrongdoing that cost a client R41 000.
Plass senior researcher Dr Farai Mtero explains what the law says about evictions.
Association of Rural Advancement director Laurel Oettle praises ruling by ConCourt to uphold move to appoint a special master.
![[WATCH] Ndlovu Youth Choir shines once again with latest AGT performance](https://cdn.primedia.co.za/primedia-broadcasting/image/upload/fl_progressive,q_80/c_fill,g_faces,h_148,w_233/dwi8dme8dqfk0aqridyo.jpg)
The inspiring South African choirU2's Beautiful Day at America's Got Talent quarter-finals.
Magda Wierzycka – Sygnia’s renegade CEO – on her attitude toward money (hopes and fears, successes and failures, etc.).
The reason for the leakage has been revealed, explains Table Mountain Aerial Cableway MD Wahida Parker.
W Cape Traffic Chief Kenny Africa says private security working with the department is helping curb the stonings on the highway.
