What is Reverse Dealer?
Most people know how regular consignment businesses work. You drop off whatever you want to sell at the consignment store, whether it’s clothes, furniture, or an old computer, and let the consignment shop do the work. Once your item has been sold, you receive a check equal to the sale price of your item, minus the fees you pay the store.
Reverse Dealer; in Red Deer, AB has emerged based on the same simple model consigning used cars. The hassles of private car sales make Reverse Dealer well worth considering, but as you might guess, having us sell your used car is a lot different from having someone sell your purse. To professionally market a high priced item like a car requires significant prep work, product knowledge, skills to facilitate negotiations, the ability to meet buyers’ needs for financing and service contracts, and a variety of other factors that complicate the sale process.
So, with all that said, how exactly does Reverse Dealer work for you?
Let’s determine the market value of your used car
Bring your car to any traditional dealer, and the first thing they will do is conduct an appraisal. Their professionals will look over the car, ask you questions about its history, check out the Kms, assess condition and marketability, and present you with their valuation. This valuation will be the price they will pay for your car on the spot which is usually thousands of dollars under value. Our consignment price is typically thousands more than the traditional dealer’s offer because it represents what many refer to as the “Private Sale or Retail” price for your vehicle – in other words, what another private buyer will pay for your car whereas the dealer’s price represents the “Wholesale” price for your car.
Marketing your used car to potential buyers
Marketing your vehicle properly is critical to selling it quickly and at the right price. We have a professional customer service team, a save lot, and an attractive website that all help advertise and sell your vehicle. We also photograph and list your used car on kijiji, social media platforms (Facebook, Twitter etc), and other popular sites frequented by car buyers. We will offer cleaning and detailing services to get your vehicle showroom-ready before it is photographed and marketed to potential buyers. Premium listings, such as Top Ads on Kijiji put consigned vehicles in front of the right shoppers.
Before consigning your used car, we explain everything so you fully understand the services we will provide. Wherever you go, listing with Reverse Dealer offers greater visibility and broader access to buyers than slapping a “For Sale” sign in your rear window and parking it on a busy street.
Setting the right price
We will offer pricing guidance and advice but leave the ultimate pricing decision in your hands. Our professionals know the market and aim to obtain the highest value possible for your vehicle.
While your advertised price is important, you’ll need to consider how much of the final sale price you get to keep. We don’t take a certain percentage based on the selling price and there will never be any hidden fees. We charge only a flat fee! A flat-fee model ensures that all the vehicles on the lot are treated equally.
Selling, Negotiating and handling paperwork
The biggest benefit of listing your vehicle with us is that we handle the actual sale transaction.
We handle all test drives, buyer inquiries, and paperwork. These essential pieces to private party car sales can suck up a great deal of time and are best left to experienced consignors.
We also manage buyer negotiations, a valuable service that can be a huge comfort to buyers and sellers alike, as negotiating with strangers can be difficult. We act as a buffer between the two parties, making the transaction as simple as possible to both sides.
Products & Services
Transferring value to buyers
While we 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. We 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: We have the ability to arrange purchase financing for buyers. Weather they have excellent credit or bad credit. We can help get buyers financed .
- Extended Warranties: We 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: We can ship cars directly to buyers, expanding the seller’s customer pool to shoppers province wide.
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.
Reverse Dealer 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. Our business model is pretty simple – it’s your car, but we sell it for you. We bring a new 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.
If you think Reverse Dealer is for you, check out our website or reach out to a specialist for a free vehicle appraisal. You can always contact us to chat with a team member. We’re happy to answer any questions you have about getting the most from your vehicle!