We’re often asked how we determine the price that we offer a customer for a vehicle.Some people are even surprised when they learn that our price isn’t the same as the price they found on one or more of the so called authority websites they visited first.
In fact, after talking with thousands of people about this issue, we believe that most consumers are confused. We find that most people simply want to know what is or isn’t a fair price for their vehicle. We understand and share your frustration.We are aware of no fewer than 5 so called authority websites that will tell you the value of your vehicle.They will offer a trade in value, a private party sale value and a dealer retail value.If you take the time to visit all 5 of them, you will get 5 very different opinions of the value of your vehicle.Most consumers also visit some of the popular classified websites to learn how much other people and dealers are asking for the same vehicle.It’s enough to make your head hurt!So, what is a rational and intelligent person supposed to do and who should you believe?
If you visit our website, and click on the Get Started Now link on the left hand side of the page, you will find our price quote request form.We are going to ask you no fewer than 25 objective questions about the vehicle you want to sell.We need to know all of this information in order to provide you with an accurate quote for your vehicle.How many questions did the other guys ask you?Most of them want you to provide a very subjective opinion or two of the condition of your car.Which do you think is more accurate?They all seem to want to know the color of your vehicle; as if that answer could have any meaning beyond 25 or 50 dollars in the value!We have written a software program that scores your vehicle based upon your answers to the questions and tells us very accurately what condition your vehicle is in.We then compare your vehicle and all of the information about it against a database of known recent transactions that have been recorded in your region of the country. We recommend that you dig very deep into some of the other websites to learn about their methodologies if they are even revealed at all.After our software program evaluates all of this data, it produces a very accurate value that we will be able to resell your vehicle at in the wholesale marketplace.We subtract our profit margin and we make you an offer.We provide that offer in writing and we give you 7 days to shop around for a better price.Compared to most of the other websites, we will actually buy the car described to us and not merely purport to tell you how much it is worth.In our opinion, the rubber meets the road, so to speak, when somebody is willing to exchange currency for your vehicle.As far as we can tell, all of the rest of the opinions are just that, opinions, conjecture and speculation.