Have you bought a new car lately? Have you tried visiting all the dealers? If so, you know about the run-around and time trying to get a price that works for your budget for the car you want to buy! There are other ways to buy a car.
When I bought the last 6 cars for my family (husband x 1, me x 3, kid x 1), three of the vehicles were used cars! I went directly to the web and let my fingers do the walking via online search and emails. So much easier than driving to 10 different dealers and spending time waiting in the showroom and car lots! I learned fast what to do and what not to do! Now there different ways you can shop for the perfect car for you and your budget via apps and websites like Carmax and Blinker!
Gone are the days when people felt they HAD to go to a dealer and trade in their used cars. Today, over 12 million used cars are sold via private party every year, yet how to make the most of the process can elude individuals who don’t live in the automotive selling & buying world. With cars selling on average within a month and with multiple offers, automotive selling, buying and financing platform, Blinker, wants to give you tips for how to sell your car fast, on your own, with confidence!
Note: Funny thing about these photos – is that they are showing a 2007 BMW! My last car was a BMW and I LOVED it! However, the cost of gas was climbing and I wanted a more fuel-efficient vehicle for driving as well as more economical for repairs.
1. First and foremost, PHOTOS MATTERS
Just like in your online dating profile, your car’s photo options matter! Blinker even uses their proprietary algorithm developed by their Computer Vision team, which analyzes users’ photos and gives them a score based on the total number of photos (the best is at least 8), variety of poses (interior and exterior), image quality (noise, sharpness, brightness, and contrast), and framing.
Of the vehicles that have sold on Blinker, 72% had a “Good” score and less than 10% of cars sold had a ‘Bad’ score.
2. RESPOND!
Again, just like in online dating, the response rate is critical to selling your car. In fact, seller responsiveness is one of the most important aspects a seller has control of when selling their car, especially when 4-5 conversations can take place before the car is sold. Some apps, like Blinker, even develop proprietary algorithms to calculate Seller Response scores because their vehicles have a greater likelihood of the vehicle selling.
3. Pricing
Pricing of a used car plays a key component in the likelihood of a vehicle selling. Blinker has found that providing users with the Black Book Value of their car, allows sellers to price at a fair market value for optimal sales potential. Vehicles sold on Blinker received offers within 98% of the Black Book Value and typically sold approx. 5% under the asking price.
4. Test Drive Location
Meeting with a total stranger in person can be intimidating…as if selling a car on your own wasn’t nerve-wracking enough! Choosing a safe meet-up point for the test drive can make the process easier and open your options to more buyers. Blinker partnered with Big O Tires to provide users with safe test drive locations where they can also get a free visual inspection, or a $40 comprehensive inspection done before purchase.
5. Utilize an App with Secure Payment Transfer
There are a dozen great apps that will help you collect payments in private party transactions securely. However, Blinker is the only free car -selling app with secure and immediate (next day) money transfer, that will also help you pay off your existing loans, and even handle all DMV paperwork electronically.
will also help you pay off your existing loans, and even handle all DMV paperwork electronically.
Blinker sounds like a great app that will help you navigate buying a used car. You can get them to help you if you are wondering if you should do a trade-in at a dealer ( new or used) . This is one very flexible app with a lot of information on their site!!
Stevie Wilson,
LA-Story.com
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