Our top picks
Tips and guides
12 Ways to Sell Your Car Online
Advertiser disclosure You’re our first priority. Each time. We believe that every person should be able make financial decisions without hesitation. While our website doesn’t contain every financial institution or product available on the market however, we’re confident that the advice we provide as well as the advice we provide as well as the tools we design are impartial, independent easy to use and cost-free. How do we earn money? Our partners compensate us. This can influence the products we review and write about (and the places they are featured on the site) However, it in no way affects our recommendations or advice, which are grounded in many hours of research. Our partners do not pay us to guarantee favorable reviews of their products or services. .
12 Options to Sell Your Car on the internet
Selling your car online is ideal way to obtain an affordable price for your vehicle without ever leaving your home.
By Karen Aho
Oct 12, 2022
The article is edited by Julie Myhrenunes., Assistant Assigning Editor Auto loans, consumer credit Julie Myhre-Nunes works as an assistant editor assigned to NerdWallet. She has been working in the personal finance space for over 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 by Forbes, The Boston Globe and CNBC through the years. Julie’s writing has been published 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 affects the products we feature as well as the place and way the product appears on a page. However, this doesn’t affect our assessments. Our views are our own. Here is a list of and .
Selling your car on the internet — to buyers such as , for example, or other competitors that have sprung up is now an option for those interested in selling their car outright or valuing it as a trade-in.
If you have an internet connection and some basic information regarding your car, you could be fielding offers within minutes. Many online car-buying sites can even visit your home to pick up the vehicle and present you with an immediate check.
Find your next used or brand new vehicle quickly and easily
Compare prices models, prices and more from over 1 million cars across the nation. Shop and compare before visiting the dealer. You can also receive a trade-in offer for your current car in only a few minutes
How to find offers online to sell your vehicle
Enter the car’s 17-digit vehicle ID number, also known as the license plate. Confirm the make, model, mileage, color and operating condition.
Answer all questions in detail about the car’s condition and history. Was it involved in an accident or a flood? Are there any modifications made aftermarket? Do you see any dents or scratches?
Decide whether you are trading or selling. The majority of online car buyers sell cars directly to consumers and claim that their price for trade-in does not differ from their purchase price.
Be transparent about your the status of your current loans as well as leases. Many however, not all companies that sell cars online will purchase a car that you’re still making payments on or buy out a lease in the event that the manufacturer allows it. Check with an to determine whether the offer is reasonable. But if you owe more than what’s on the amount you are offered then you have to pay to cover the difference.
Provide photos of the vehicle or have a virtual meeting with a company representative. Some buyers will not require this information until they have agreed to an initial offer.
Sell your car on the internet
The most important information
No-haggle pricing. Prices are non-negotiable.
Provides vehicles for free in certain areas.
30-day return option.
Large national inventory with shipping options.
Does not accept credit cards for down payments.
The offers are valid for 24 hours and negotiable.
There is no cost to pick up your car.
Present loan and negative equity is OK.
Salvage titles or damaged cars are OK.
No negotiations on sales or trade-in offers.
The offers are valid for 7 days.
No free pickup outside local Carvana markets.
Leased cars, negative equity accepted.
Check out our
The offers are valid for 7 days and non-negotiable.
There is no cost to pick up your vehicle.
Present loan and negative equity OK.
No leased cars; you’ll have to pay off the lease first.
The offers are valid for 24 hours and are not to be negotiated.
No charge to pick up your vehicle.
Current loan and negative equity is acceptable.
Salvage titles or damaged cars are not a problem.
We specialize in used and older or damaged vehicles.
Offers are valid for seven days and are non-negotiable.
There is no cost to pick up your vehicle.
Don’t purchase cars that have an active loan.
Salvage titles or scrap cars are acceptable.
The most important facts
Offers are good for 7 days or 250 miles.
There is no cost to pick up your car.
The current loan or negative equity are OK.
Does not accept salvage titles. Does not lease vehicles.
Other options for finding out what your car is worth:
Buys (and sells) cars on the internet. It can take delivery and pick up. If you reside in a Shift hub, you can bring your car for an evaluation and get a $300 bonus. Shift purchases cars that have loans and can offer offers on vehicles leased. Offers are valid for 7 days. For vehicles purchased, Shift offers free returns for seven days. Shift can arrange financing as well. Watch for the Shift Service Fee that is added to the purchase price, typically, it’s more than $1,000.
purchases cars through its extensive network of franchises for new cars however, they will offer to purchase on the internet. The vehicle must be delivered to the retailer. The new-car partnerships it has with major manufacturers might allow it to buy out the lease of a car with no penalties. The offers are valid for 7 days or 500 miles.
arranges instant cash offers through its dealer network. The information is distributed to dealers nearby to request bids. Contrary to Kelley Blue Book’s well recognized estimates of value the Instant Cash offers represent an opportunity to buy. Dealers are free to alter value if vehicles do not meet descriptions. Offers are valid for 7 days, and you must return your vehicle to the dealer.
purchases cars leased through 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. It will consider leasing through banks on an individual basis. The lease is valid for 5 days or 250 miles. Pickup is offered.
It buys cars on the internet, and also sells both used and brand new vehicles on the internet. Delivery and pickup are also offered. Its purchase offers are good for 7 days. For vehicles it sells, Driveway offers no-cost return or exchange within 7 days or 400 miles without shipping costs.
What should you expect if decide to sell
Most companies say their offer is good for seven days, but certain companies require an answer within 24 hours. You can always re-enter the details of the car to receive a new offer.
The company will arrange to view the vehicle to inspect the condition of the vehicle. You may be asked to submit photos or to make a video conference. A representative from the company may be waiting to inspect the vehicle prior to the pick-up or drop-off time. If the vehicle’s condition is not as good as you had stated, the business may alter the terms of its offer.
A representative will email or call to arrange a time to either take the vehicle to your home , or take it back to the pickup point.
Most of the time, the charges are usually minimal. Some companies may charge an administrative fee, taken out of the sale price. Sellers may be charged when they cancel the contract signed.
While each company handles title and registration paperwork according to its own rules you should submit copies of registration, title and driver’s license to start the process. Odometer statements, sales contracts and power of attorney documents may arrive for electronic signature or through overnight post.
Get rid of the license plates and clear the car of all personal items. You can only keep the items that came with the car at the time you purchased it, like the car manual, keys and car mats.
A majority of businesses will make the money when they collect the vehicle, typically via a check or a bank draft that can take several days to be cleared. Some companies offer direct deposit, or even cash.
What do you do next after you’ve sold your car online
If you have one.
Cancel all GAP insurance.
Take the car off your insurance. Once the car is collected or taken off, the online car company’s insurance company is responsible for it.
You must report the sale to the local registry for motor vehicle registration.
If your online offers do not meet your requirements, you can opt to change your search.
Keep in mind that online retailers’ offers may not always reflect what your car is worth; it’s what these particular buyers would be willing to spend in the moment. Their algorithms are able to offer the highest price for vehicles that can be easily resold or financing.
If you are offered a price of $500 on a car that you think is worth $5,000, it’s that retailer’s way of telling you it does not want or need the car you own. This can happen more often in older vehicles and high mileage models and cars with mechanical problems or salvage title vehicles. There are buyers for these vehicles, but they might not be, say, Carvana.
You can consider selling used cars for sale to other customers via or . In the online marketplace, search for offers such as GiveMeTheVin, Peddle and ALgo.
On a similar note…
Dive even deeper in Auto Loans
Take all the appropriate money moves
Bank Credit Card Financial Planning Financial News Insurance Investing Loans Mortgages Travel for small businesses Taxes
Download the app
Disclaimer: NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you go to a financial institution or service provider, or a the website of a specific product. All financial products, shopping services and products are offered without warranty. Before evaluating offers, go through the Financial Institution’s Terms and Conditions. Pre-qualified offers are not binding. If you discover discrepancies in your credit score or information on your credit report, you should call TransUnion(r) direct. NerdWallet Compare, Inc. NMLS ID# 1617539 California: California Finance Lender loans made pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812 Property and Casualty insurance services available through NerdWallet Insurance Services, Inc. (CA resident license no. OK92033) NerdWallet(tm) | 55 Hawthorne St. – 11th Floor, San Francisco, CA 94105
(c) (c) 2023 NerdWallet, Inc. All Rights Reserved.
Here’s more regarding $255 Payday Loans Online Same Day (loanpayas.ru) look into the web site.