Selling a car on consignment for better results.
Get maximum exposure to help sell your car quickly and receive the best possible price for your used vehicle.
If you have never heard of consigning a car, you are not alone.
Many people are not aware that there are dealerships that offer this type of program.
Here’s how to sell your car through a car consignment, easily with the best results.
Here’s How To Sell Your Car Without All The Hassle
There are car consultants that will sell your car using a consignment program. This type of program will relieve you of the stress and struggles that go along with selling a used car yourself.
It’s not often that you hear someone that is screaming from the streets, “Yea! I get to sell my car by myself and I am so excited to do it.” More often you will hear of the horror stories and what a pain it is to sell your own car.
This is because of all the time and energy that goes into selling a car. From advertising to leading prospective buyers that are perfect strangers directly to your doorstep.
I’m here to tell you that if you sell your car using a consignment program you can have better results without all the work; it will be easier to have a salesperson experienced in selling cars do the job for you.
The dealer will have an agreement which you should go over to make sure you completely understand every part of the service the dealer offers through the consignment.
You will want to discuss the fees the dealership will charge to sell your car through consignment. Typically these will be either a percentage or a flat fee.
If it is a flat fee make sure to work with a dealer that offers a fee based on the price of the car.
You Don’t Want To Do This – It Could Cost You Big Money
I have heard of dealerships that sell cars on consignment for a flat fee of $3,000 whether the car is sold for $6000 or if it is sold for $13,000. You can see how this could be a real disadvantage if the fee is not a sliding fee.
Next, determine the length of time they will market and advertise the car. Most often the time period will be anywhere from 30 to 90 days. Discuss what happens if the car doesn’t sell. Perhaps they will buy it for a lesser price than you tried to sell it for, or otherwise they may simply ask you to remove the car from there lot.
Pay attention to what you are signing and agreeing to…
Beware of agreements that will charge you whether the car sells or not.
The final point on the agreement is whether or not it includes an offer and acceptance program. This is where the dealer agrees to bring all reasonable offers to you so you have the choice to take it or counter-offer. This leaves you in charge of the sale.
Once these details are worked out and you are in agreement with the dealer’s terms, you can continue on with your life and wait for the phone call that the dealership has a check waiting for you. You can have a better experience when you sell your car using a consignment program.
Consignment Car Sales | JFR & Associates, Inc.
8371 Southpark Lane
Littleton, CO 80120