Consignment

While consignment can maximize the proceeds and speed of sale for the seller, it is also a convenient and efficient option for vehicle buyers.

Safety is a key concern in private party car sales, and consignment shops protect sellers and buyers alike. Consignment shops also have the ability to offer products and services that many buyers need but often cannot purchase on their own in the private market. A few of these services include:

• Vehicle Financing: Consignment stores may have the ability to arrange purchase financing for buyers.
• Extended Warranties: Consignment stores can help buyers eliminate much of the risk of buying a used car by offering aftermarket service contracts, which provide many buyers peace of mind as they drive off the lot.
• Shipping: Some consignment shops can ship cars directly to buyers, expanding the seller’s customer pool to shoppers nationwide.

Again, these valuable options help both sides of the transaction. In addition to the buyer benefits outlined above, warranties, financing, and shipping make sales go more smoothly and quickly and are difficult if not impossible for sellers to provide on their own.

Auto consignment offers an attractive option for vehicle owners who would like to get more money for their car than the dealer trade-in price, as the vehicle will be marketed professionally without the traditional hassle and frustration of trying to sell it yourself. The consignment model is pretty simple – it’s your car, but someone else sells it for you. A good auto consignment store brings a level of professionalism and service that most individuals are unable to achieve on their own, maximizing the sale price while removing the traditional danger and hassle of the sale-by-owner market.