A & S Auto
& Equipment
Consignment Sales
Recently, a growing trend towards auto consignment has emerged based on the same simple model.
The hassles of private car sales make car consignment well worth considering, but as you might guess, having someone sell your used car is a lot different from having someone sell your books. 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 vehicle consignment work?
Is Car Consignment The Best Option For You?
The hassle of selling a car is why some people might take it to a dealer and cash in.
But a growing trend called Car Consignment promises to put more money in your pocket than you’d get from a dealer and it comes without the hassle. We will come look at those unwanted , broke down, non running even tractor and equipment and open a portfolio. If approved we will take vehicle do necessary repairs such as engine work, body restoration, equipment overhaul or custom fabrication with no cost to you , and you keep ownership and title until sale of product. In the file it will contain a written and documented inspection and value form. Once approved we will enter into a Auto Consignment Agreement with said owner with terms and conditions for individual case by case basis. Those terms will have a payment agreement with a approved minimal payout to you at time of sale.
Once our items are ready to be purchase we will contact you and have you come to shop at which time you will be given bill of sale and paid your agreed payout at time you sign your title at sale!
Determining Your Car’s Market Value
Bring your car to any dealer, traditional or consignment, 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 mileage, assess condition and marketability, and present you with their valuation.
In the case of a traditional dealer, this valuation will be the price they will pay for your car on the spot.
In the case of a vehicle consignment store, the valuation is the price they believe they can sell your vehicle for in the private market. The consignment price is typically thousands more than the dealer’s offer because it represents what many refer to as the “Private Party” 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.