The Unstoppable Engine: How WeBuyCars Became a R26 Billion Second-Hand Juggernaut

In a country where economic headwinds are a constant reality, one company is hitting the accelerator hard. WeBuyCars, the undisputed titan of South Africa’s pre-owned vehicle market, has revealed a financial performance that mirrors its sprawling, nationwide car supermarkets.

Their audited results for the year ending September 2025 show a machine operating at peak efficiency. The company generated a staggering R26.4 billion in revenue, a 13% increase, while selling an almost unimaginable 179,006 cars. That’s nearly 15,000 vehicles finding new owners every single month.

A Nationwide Footprint of Steel and Concrete

This volume isn’t achieved by chance. It’s the result of a deliberate and aggressive expansion strategy. Over the past year, WeBuyCars has been methodically planting its flag across the map.

New car supermarkets opened in Rustenburg and Vereeniging, while existing locations in George, Polokwane, and Mbombela were expanded. This has increased the company’s national capacity to a massive 12,911 parking bays. With 23 new buying pods added and land secured in Richards Bay and eMalahleni, the physical expansion is far from over.

The Tech Under the Hood

But this isn’t just a story of concrete and cars. The engine of this growth is increasingly digital. CEO Faan van der Walt highlighted significant investment in technology, which is now central to the company’s operations.

The launch of ‘Inspectify’, their in-house vehicle condition reporting platform, standardizes the assessment process. Meanwhile, their ‘WeFin’ finance system has streamlined credit approvals, making the purchasing journey faster for customers and more efficient for staff.

This tech-focused vision is so critical that it’s shaping the company’s very leadership. Dr. Wynand Beukes, the current Chief Digital Officer and architect of this digital transformation, has been appointed Deputy CEO, effective January 2026.

A Small Share of a Vast Market

Despite these colossal numbers, the company’s ambition is far from satisfied. Van der Walt sees a horizon filled with opportunity. “The used-car market in South Africa is large and growing, and at this point we only have a small share of the second-hand car park,” he stated.

This perspective explains the relentless drive. The company is not just growing; it is investing “ahead of the curve” with a clear goal in sight: to sell 23,000 vehicles per month by 2028. In a challenging economy, WeBuyCars isn’t just surviving; it’s building a R26 billion empire, one used car at a time, and shows no signs of slowing down.

{Source: Mybroadband}

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