There are several ways to get rid of your junk vehicle, but the best way is to sell it to a car buying service. These services make it quick and easy to sell your old car without having to spend a lot of time advertising and sorting through buyers.
These services also take the headache out of negotiating prices. They will give you a fair offer right away and come to pick up your car, so you won’t have to worry about haggling anymore!
Both Peddle and CarMax offer free inspections, and you don’t have to pay any fees when they buy your vehicle. Once you’ve accepted their offer, they’ll send you a confirmation email with details about how to schedule a pickup.
Peddle is one of the top online car buying services in the United States, and it’s rated highly on consumer review sites like BBB and Trustpilot. The company has bought, repaired, and resold over two million cars so far.
If you want to sell your car, all you need is an internet connection and a Peddle account. After you create a profile, you can upload your vehicle’s VIN number and state of registration. The company will make you an offer within a few minutes and let you know how long it will take to pickup your car.
You can accept or reject the offer within seven days. The company will pay you in check or cash if you decide to accept the offer. If you reject the offer, you don’t have to worry about any fees or penalties.
In some states, you may need a bill of sale to get rid of your car. If so, you can have your car picked up by the company and get a receipt for payment.
The main downside to using these services is that you don’t get a lot of flexibility on how and where you sell your car. CarMax has physical locations, which can add overhead costs to your final payout.
Another disadvantage is that they don’t accept exotic or rare vehicles. If you have an exotic or rare car, it’s better to sell it to a dealership instead of to these companies.
They’re mainly online, so the overhead costs could be lower than at a traditional dealership.
It’s free to submit your VIN or plate/state information, but you have to make an appointment to drop off your car at one of their hundreds of nationwide locations. Once you’ve picked your date, they’ll contact a towing company in their network that can pickup your vehicle and will pay you in cash or check.
While both Peddle and CarMax have an A+ rating from the Better Business Bureau, many customers reported that their offers were lower than advertised once they had to drop off their vehicles in person for inspection. However, some people did report that they received reasonable offers and the tow service was prompt.