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12 Ways to Sell Your Car on the internet

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12 Ways to Sell Your Car Online

Selling your vehicle online is a great way to get a competitive price for your vehicle without leaving your home.

By Karen Aho

12 October 2022

Written by Julie Myhre-Nunes, Assistant Assigning Editor Auto loans, consumer credit Julie Myhre-Nunes is an assistant assigning editor at NerdWallet. She has worked in the field of personal finance for more than 10 years. Before becoming a part of NerdWallet, Julie oversaw editorial teams at NextAdvisor, Red Ventures and Quote.com. Julie’s personal financial insights have been featured in Forbes, The Boston Globe and CNBC through the years. Julie’s writings have been featured in USA Today, Business Insider and Wired Insights, among others. Email: .

The majority or all of the products we feature are provided by our partners who pay us. This influences which products we feature and the location and manner in which the product is featured on the page. But, it doesn’t influence our evaluations. Our opinions are entirely our own. Here’s a list of and .

Selling your car online -with buyers like , for example, or other companies that have sprung up — has emerged as a viable option for drivers interested in selling their car for cash or using it as a trade-in.

If you have an internet connection and a few details regarding your car You could be able to get offers in a matter of minutes. Many online car-buying sites will even come to your home to pick up the vehicle and give you a check on the spot.

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How to get offers online to sell your vehicle

Enter the 17-digit vehicle identification number or license plate number. Verify the model, make the mileage, color, and the condition of operation.

Answer detailed questions about the condition of the vehicle and its history. Has it been in an accident or flood? Does it have aftermarket modifications? Does it have scratch marks or dents?

Decide whether you are trading or simply selling. Most online car buyers also sell cars directly to consumers and state that the price they pay for their trade-in isn’t different from the purchase price.

Inform the company about current loans or leases. Many but not all companies that sell cars online will buy a vehicle that you’re still making payments on and others will purchase leases in the event that the manufacturer allows it. Use an to see whether the deal is fair. But if you are owed more than the amount you are offered, you must provide funds to cover the difference.

Offer photos of your vehicle or arrange a meeting with a representative from the company. Some buyers might not ask for this step until you have agreed to an initial offer.

Sell your car on the internet

Important information

No-haggle pricing. Prices are non-negotiable.

Vehicles are delivered for free in certain areas.

30-day return option.

Large national inventory with shipping options.

Does not accept credit cards as down payment.

The most important facts

Offers are good for 24 hours and are negotiable.

No charge to pick up your vehicle.

Present loan and negative equity is acceptable.

Salvage titles or damaged vehicles are in good condition.

Key information

There are no negotiations regarding trade-in or sale offers.

The offers are valid for 7 days.

No free pickup outside local Carvana markets.

Leased cars, negative equity accepted.

Read our

The most important information

Offers are good for 7 days and are non-negotiable.

There is no cost to pick up your car.

The current loan or equity negative are acceptable.

There are no cars leased; you’ll have to buy out your lease in the first place.

Key information

Offers are good for 24 hours and are not negotiable.

There is no cost to pick up your car.

Current loan and negative equity is OK.

Salvage titles or damaged cars are in good condition.

Important information

Specializes in older used or damaged vehicles.

Offers are good for 7 days and are non-negotiable.

Free pick-up of your car.

Do not purchase vehicles with an existing loan.

Scrap cars or salvage titles are OK.

The most important facts

Offers are good for seven days or 250 miles.

There is no cost to pick up your car.

Current loan as well as negative equity can be acceptable.

Does not accept salvage title. Does not lease vehicles.

Other options to determine the value of your vehicle:

Buys (and sells) automobiles on the internet. It can pick up and deliver. If you reside in a Shift hub city where you live, you are able to bring your vehicle to be evaluated and get a $300 bonus. Shift purchases vehicles with loans and also deals on lease vehicles. Offers are good for 7 days. For vehicles purchased, Shift offers free returns for seven days. Shift can arrange financing too. Keep an eye out for the Shift Service Fee, which is added to the purchase price; it’s often more than $1,000.

Buys cars through its vast chain of new-car franchises but will make an offer on the internet. The vehicle must be delivered to the dealership. Its new-car relationships with major manufacturers may permit it to purchase a leased car without penalties. The offers are valid for 7 days or 500 miles.

arranges instant cash offers through its network of partner dealers. The information is then sent to dealers nearby to solicit bids. Contrary to Kelley Blue Book’s well recognized estimates of value Instant Cash Offers are an opportunity to buy. Dealers are free to alter value if vehicles do not meet the specifications. The offer is valid for seven days. Afterwards, you must take your vehicle to the dealer.

purchases cars leased by Acura, Alfa Romeo, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, FIAT, Genesis, GMC, Honda, Hyundai, INFINITI, Jaguar, Jeep, Kia, Land Rover, Lexus, Maserati, Mazda, Mercedes-Benz, MINI, Nissan, Porsche, Ram, Subaru, Toyota and Volkswagen. They will look at bank leases on a case-by-case basis. Offers are good for 5 days or 250 miles. Pickup is possible.

Buys cars on the internet; it also sells both used and brand new vehicles online. Pickup and delivery are offered. Its purchase offers are good for seven days. On the vehicles it sells Driveway provides the option of free exchange or return for up to 400 miles or 7 days without shipping costs.

What should you expect if decide to sell your home

The majority of companies state that their offer is good for 7 days, however some require to hear from you in 24 hours. You are able to enter the details of the car to receive an offer that is new.

The company will arrange an appointment to visit the vehicle in order for a thorough inspection of the condition of the vehicle. You may be asked to send photos or have a video call. Or a company representative may check the vehicle prior to the pick-up or delivery time. If the condition of the vehicle is not as good as you had described, the company could modify its terms of service.

A representative will either email or call to arrange a time to either collect the vehicle from your home , or deliver it to a pick-up point.

In most cases, charges are usually minimal. Some companies may charge an administrative fee, which is deducted from the price of the offer. Sellers could be charged for this when they cancel the contract signed.

Although each firm handles title and registration paperwork in its own way, expect to send copies of the registration driver’s license, title, and title to begin the process. Odometer statements, sales contracts and power of attorney may be delivered electronically or through overnight post.

Get rid of the license plates and clean the vehicle of personal belongings. Only leave the things included with the car when you bought it such as the car manual keys, car mats and keys.

Most companies will hand you a payment when they take the vehicle, usually through either a check or bank draft that can take several days to get cleared. Some companies offer direct deposit, or even cash.

What to do after you have sold your car on the internet

If you own one.

Cancel the GAP insurance.

Take the car off your insurance. After the car has been collected or taken off, the online car company’s insurance is responsible for it.

Report the sale to your state’s registry of motor vehicles.

If your online offers do not meet your requirements, you can opt to change your search.

Keep in mind that online retailers’ offers might not reflect the true value of your car’s worth. it’s what they will pay at the moment. Their algorithms are willing to buy the highest amount for vehicles that are easily resold and finance.

If you get an offer of $500 on a car you believe is worth $5,000, that’s the retailer’s way of telling you that it does not want or need your car. This can happen more often when you have older vehicles, high mileage cars or cars that have mechanical issues or salvage title vehicles. There are buyers for these automobiles, but they may not be, for example, Carvana.

Consider selling viable used vehicles directly to other buyers via or . Among online retailers, look for offers from GiveMeTheVin, Peddle and ALgo.

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