BCA, the vehicle auction company, has told AM it has signed a deal to purchase webuyanycar.com.
The transaction is still subject to clearance and is not yet finalised.
A spokesman for BCA, said: “Given the situation we are unable to comment further.”
Webuyanycar.com was created in 2006 and offers customers a valuation on their car and will guarantee to buy it, whatever the make, model, age or condition.
AM understands webuyanycar.com’s business then revolves around putting those cars through auction.