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12 Options for Selling Your Car on the internet
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12 Ways To Sell Your Car Online
Selling your vehicle online is a ideal way to obtain a competitive price for your vehicle without leaving your home.
By Karen Aho
12 October 2022
Edited by Julie Myhre-Nunes Auto loans and consumer credit Julie Myhre-Nunes is an assistant editor assigned to NerdWallet. She has worked in the field of personal finance for more than 10 years. Prior to being hired by 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: .
A majority of the products featured here are from our partners who compensate us. This influences which products we feature as well as the place and way the product appears on a page. But, it doesn’t influence our opinions. Our views are our own. Here’s a list of and .
Selling your car onlinefor buyers like , , or a dozen other rivals that have sprung up is now a viable option for drivers looking to sell their car in full or offering it for sale as a trade-in.
With an internet connection , and some details regarding your vehicle and you could be receiving offers in a matter of moments. Many online car-buying sites will even come to your home to pick up the vehicle and give you cash on the spot.
Find your next new or used car quickly and easily
Compare prices models, prices and more from over 1,000,000 cars nationwide. Shop and compare prior to visiting the dealer. You can also receive an offer to trade in your current car in just a few minutes
How to find offers online to sell your car
Enter the car’s 17-digit vehicle ID number, also known as the license plate. Check the make, model color, mileage, and the condition of operation.
Answer all questions in detail about the car’s condition and history. Has it been in an accident or flood? Are there any modifications made aftermarket? Do you see scratch marks or dents?
Determine if you’re trading or simply selling. The majority of online car buyers offer cars directly to customers and say their trade-in price isn’t different from the purchase price.
Inform the company about the status of your current loans and leases. Some however, not all companies that sell cars online will buy a vehicle that you’re still making payments on or purchase leases when the manufacturer permits it. Use an to see whether the offer is reasonable. But if you are owed more than the offer you get then you have to pay to cover the difference.
Offer photos of your vehicle or have a virtual meeting with a representative of the company. Some buyers might not request this service until you’ve accepted the initial offer.
Sell your car online
No-haggle pricing. Prices are non-negotiable.
Delivers vehicles at no cost in certain areas.
30-day return option.
Large national inventory with shipping options.
Does not accept credit cards as down payment.
The offers are valid for 24 hours and subject to negotiation.
There is no cost to pick up your vehicle.
Current loan or negative equity are OK.
Salvage titles and damaged cars are OK.
The most important information
No negotiations on sales or trade-in offers.
Offers are valid for 7 days.
No free pickup outside local Carvana markets.
Cars leased, no equity accepted.
The offers are valid for 7 days and non-negotiable.
Free pick-up of your vehicle.
Present loan or negative equity are acceptable.
No leased cars; you’ll need to purchase on lease before you can buy it out.
Offers are valid for 24 hours, and are not negotiable.
There is no cost to pick up your vehicle.
The current loan or negative equity are OK.
Salvage titles or damaged vehicles are OK.
Focuses on older, used or damaged vehicles that are damaged or used.
The offers are valid for seven days and are nonnegotiable.
Free pick-up of your car.
Do not purchase vehicles that have an active loan.
Scrap cars or salvage titles are OK.
Offers are good for seven days or 250 miles.
Free pick-up of your vehicle.
Current loan and negative equity is acceptable.
Does not accept salvage title. Do not purchase leased vehicles.
Other options to determine what your car is worth:
Buys (and sells) cars online. It will pick up and deliver. If you reside in a city that is a hub for Shift and you have a car, you can take your car for an evaluation and receive a $300 bonus. Shift buys cars with loans and may make deals on lease vehicles. Offers are valid for seven days. For vehicles purchased, Shift offers free returns for seven days. Shift can also arrange financing too. Be aware of an Shift Service Fee added to the purchase price, typically, it’s more than $1,000.
purchases cars through its extensive chain of franchises that sell new cars, however, they will offer to purchase online. It is your responsibility to deliver the vehicle to the dealership. The new-car partnerships it has with major manufacturers could allow it to buy out a leased car without penalties. Offers are good for 7 days and 500 miles.
provides instant cash offers through its dealer network. The information is distributed to dealers nearby to solicit bids. Unlike Kelley Blue Book’s widely known estimates of values, instant cash offers are a chance to buy. Dealers are free to adjust value if vehicles do not match the descriptions. The offer is valid for 7 days. After that, you have to take your vehicle to the dealer.
buys 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. It consider bank leases on a case-by-case basis. The lease is valid for five days and 250 miles. Pickup is available.
It buys cars on the internet, and also sells both used and brand new vehicles online. Delivery and pickup are also offered. Its buy-back offers are valid for 7 days. On vehicles it sells, Driveway gives the option of free exchange or return for 7 days or 400 miles with no shipping charges.
What can you expect when you decide to sell
The majority of companies state that their offer is good for 7 days, however some want to hear from you in 24 hours. It is possible to re-enter the information for your car and receive the new deal.
The business will arrange an appointment to visit the vehicle in order to inspect the condition of the vehicle. The company may ask you to provide photos or make an audio or video chat. The representative of the company could wait and inspect the vehicle prior to the pick-up and drop off time. If the condition of the vehicle is not as good as you had mentioned, the company may change the terms of its offer.
A representative will either email or phone to set up the time for you to collect the vehicle from your home or have you deliver it to a drop-off point.
In most cases, fees are minimal. Some companies may charge an administrative charge, deducted from the offer price. The seller may be charged if they back out of the signed sale agreement.
Each company handles title and registration paperwork according to its own rules be prepared to submit copies of registration driver’s license, title, and title to get the ball rolling. Odometer statements, sales contracts and power of attorney may be sent electronically for signatures or by overnight mail.
Take off the license plates and clean the car of all personal items. Only leave the things that came with the car when you bought it, like the manual for your car keys, car mats, and keys.
Most companies will hand you an amount of money after they have taken the vehicle, typically via either a check or bank draft, which can take several days to clear. Some companies offer direct deposit or even cash.
What should you do when you sell your car online
If you own one.
Cancel all GAP insurance.
Take the car off your insurance. When the car is picked up or dropped off, the online car company’s insurance is responsible .
Make sure you report the sale to your State’s Registry of Motor Vehicles.
If your online offers aren’t enough for your needs,
Bear in mind that the prices offered by online sellers might not reflect the true value of your car is worth; it’s what the particular buyers would be willing to spend at the moment. Their algorithms are willing to offer the highest price for vehicles that are easily resold and finance.
If you receive an offer of $500 for a vehicle you think could be valued at $5,000 it’s the retailer’s way of telling you that it does not have the time or desire to purchase your car. This can happen more often when you have older vehicles or high mileage vehicles, cars with mechanical issues or salvage title vehicles. Some buyers are interested in those vehicles, but they might not be, for instance, Carvana.
You can consider selling used cars directly to other buyers through or . Among online retailers, look for offers such as GiveMeTheVin, Peddle and ALgo.
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