Selling your Car vs. Consignment – What’s the Difference?

Sell or consign your car at Orange Buys Cars
Sell or consign your car at Orange Buys Cars

Sell or consign your car at Orange Buys Cars

If you are thinking of selling your car, you might want to consider whether consignment or outright sale is the better option for you. There are some significant differences between the two and here we take a look at the advantages and disadvantages of both options. Once you have armed yourself with information, you can talk to us at Orange Buys Cars and you can choose whether you want to sell or consign your car for us to sell on your behalf.

The Main Differences between Consignment and Outright Selling Your Car

• A sale is a straightforward transaction between two parties where you trade your car for a cash equivalent. Consignment is where you place your car with Orange Buys Cars for us to conclude the sale when there’s a customer prepared to pay your price.

• When you straight-sell your car, the parties involved are yourself and the buyer and that’s an option available to you with Orange Buys Cars, with consignment, the agreement is between the consignor (you) and consignee, (us).

• When you consign your car for onward sale, we only take possession of your vehicle and not ownership. With a sale, ownership is transferred at the time of the transaction.

• If you consign your car with Orange Buys Cars, we get our fees paid when your vehicle is sold and it represents a commission on the final selling price. If we buy your car from you outright, you earn profit from the sale when it’s made.

We’ll buy your car outright or consign it at Orange Buys Cars in Kissimmee, FL

When you are considering selling your car in Orlando, FL, it pays huge dividends for you to talk to us, the professionals here at Orange Buys Cars in Daytona Beach, FL. We are car dealers with extensive experience and expertise and we offer both sale and consignment options to you depending upon your circumstances and how quickly you wish to sell your vehicle. Why don’t you speak to our qualified advisors and see what option works best for you and we guarantee that Orange Buys Cars will conclude the sale of your car at the best terms available, whether by selling it directly to us or consigning it. It’s easy to get started, so don’t hesitate!

 

Read More on the Blog: 3 Reasons Why You Should Sell Your Car to Orange Buys Cars