Acquisitions Department - Easily Selling Your Car for CashSelling your car for cash shouldn't be difficult, and you shouldn't be roped into buying another car when you do it. Our acquisitions department understands that sometimes people are just looking for a quick, safe and easy way to sell a car. We will inspect your vehicle's overall condition and provide a competitive written offer in less than an hour.
And how simple is the selling process? If your car is paid off, all you'll need to do is sign the title and a few additional forms. If you still owe money, we will process the payoff of your loan, saving you the hassle of dealing with your current lender. Once all of the paperwork for your sale is handled, you have the option of purchasing a vehicle from Stevens Creek Subaru or simply walking away with a bank draft. Yes, it's really that easy.
FAQsSell a Car in San Jose. Sell your used car in San Jose California. This page contains FAQ's about used cars listed by Stevens Creek Subaru. Stevens Creek Subaru features pre-owned certified vehicles throughout the California Bay Area...
HOW MUCH WILL STEVENS CREEK SUBARU PAY FOR MY USED CARS Stevens Creek Subaru compares wholesale market values against the overall condition of your vehicle to come up with the highest possible offer.
IN SAN JOSE?
WHAT IS THE PROCESS TO SELL MY VEHICLE?Bring your vehicle to Stevens Creek Subaru and one of our appraisers will evaluate it and give you a written offer on the spot.
WHAT IF I STILL OWE MONEY ON MY VEHICLE?Stevens Creek Subaru can buy your vehicle even if there is a loan owed. Just bring your loan statement and vehicle registration. We can determine your payoff information when we appraise your vehicle and we will process the payoff of your loan to save you the trouble of dealing directly with your current lender.
WILL A NEW CAR DEALER OFFER ME MORE ON A TRADE IN?New car dealers are in business to sell new cars. They ALWAYS offer well below wholesale prices for trade-ins. These trade-in vehicles are then wholesaled for huge profits. If you are offered the true cash value or above for your vehicle, you can be assured that you are paying far too much for a new vehicle. Go to another dealer without discussing a trade. You will see the price difference.
Don't sell, trade or wholesale your vehicle until you get the Stevens Creek Subaru price.
WHY SELL A VEHICLE TO STEVENS CREEK SUBARU RATHER THAN SELLING IT MYSELF?Four words... Time. Money. Hassle. Liability. Sell your vehicle to Stevens Creek Subaru and get paid on the spot with no hassle & no liability.
WHAT TYPE OF VEHICLES DO YOU BUY?Stevens Creek Subaru buys all makes and models as long as its in at least fair condition. Stevens Creek Subaru can pay up to $50,000 for the right vehicle.
WHAT IS MY CAR REALLY WORTH? When selling your car there is one VERY important factor that you must consider before
all others... the selling price. To determine this, you must first answer the following questions:
1. How fast do I need to sell the car?
2. How much time do I want to put into the sales process?
3. How much work do I need to do on the car to get it ready for sale?
All three of these items are VERY important in determining the selling price.
Here is a breakdown of each, and why it is important:
HOW FAST DO I NEED TO SELL THE CAR?
If you are looking to get rid of a vehicle yesterday, there are some great options. If you are in no hurry, there are others. Some cost money, while some are free. Some will get you more money and others, less. The fastest, easiest way to get rid of any car is to contact Stevens Creek Subaru. We'll get you a fast, free offer on that car with no hassles. If you are not in a hurry, you could post the car on sites like Craigslist (for free) or AutoTrader.com (for $25 to $359) or Cars.com (for $15 to $55.) Depending on the year, make and model of the vehicle, you may sell it quickly or it may take weeks, even months to sell it this way. Why? Because you are competing with professionals on all of those sites that are also selling cars much nicer, and sometimes less expensive than yours. With Stevens Creek Subaru, you get an instant offer no matter the year, make, model, mileage or condition. Try listing a car that doesn't run or has body damage on a paid site. You won't get too many calls or emails on it.
HOW MUCH TIME DO I WANT TO PUT INTO THE SALES PROCESS?
Are you a car salesman? Do you want to be? Most likely, the answer is no. If you want to get your car ready for sale, (see the next paragraph for more info on that,) market your car, demonstrate your car, take it on test drives, negotiate the final sale price of your car, handle payment collection and paperwork, then selling a car by yourself is worth every extra dollar you'll get by doing it yourself. You have to determine what your time is worth. If it's worth it, by all means, do it.
HOW MUCH WORK DO I HAVE TO DO TO GET THE CAR READY FOR SALE?
If your car needs a complete detail to make it "showroom ready" are you going to do it yourself or pay someone to do it? A good detail (and if you are trying to sell the car for the most money, you'll need to do a great detail) can cost $100 - $300 depending on how dirty the car is. Are the seats torn anywhere? Are all 4 wheel covers there? Do all of the headlights and brake lights work? How are the tires? Have you done a tune-up or oil change lately? All of these items need to be addressed or no one is going to offer you anything close to what you are looking to get for your car. What about door dings, dents or scratched paint? A quick trip to Maaco can cost you $200 to get these items repaired. Once it's all said and done, what is it going to cost to make this car look as good as it possibly can? $500? $1,000? $1,500? What if the car is only worth $1,000 totally fixed up? Will you invest money to get it ready for sale?
Once you determine these things, go online and see what a vehicle in YOUR condition is worth. There are three sites that I recommend you check out first: Kelley Blue Book, NADAGuides.com and Edmunds.com. Enter in all of the required info on each site and get the value of your car as a private party sale. Once you get this number, deduct for all the work you'll need to do. Also, deduct the cost of selling it. (Fees to list or advertise it and your time.)
Finally, deduct $1,000 from that number. That is most likely what you'll be able to sell it for as private party sale. Why $1,000? Because I want you to be realistic. The online numbers are ALWAYS inflated a bit. Why? I have no idea, but to get a realistic number, that $1,000 is a good thing to deduct. Also, check eBay, Autotrader, Craigslist and Cars.com to see if a car similar to yours is listed for sale. How is it priced compared to yours?
Now you may have great success selling a car this way, or you can do what thousands of people do everyday: visit Stevens Creek Subaru and get an INSTANT offer. You do not have to do any work to your car, and most importantly, you don't have to WAIT! If time is important to you, this is the best way to sell a car.
WHY IS MY CAR NEVER WORTH WHAT THE INTERNET SAYS IT IS?
When you get an offer on your car, truck or van, it is ALWAYS less than you think it is? Why is that?
First, let's talk about why the "Internet" always says your car is worth more than it is? because the Internet doesn't buy cars!
None of the car valuation sites like Kelley Blue Book, NADA or Edmunds buys cars. They use statistical information to sell subscriptions to car dealers, insurance companies and banks for the purpose of determining a value of a car. Sure, dealers will use Kelley Blue Book RETAIL price to compare with what they are offering to sell a car for, but when determining the value of your car, it is only a slight guideline. The TRADE-IN number is used as a basis for negotiating what they will buy your car for.
Your car, if it is a "retail ready" vehicle, MAY be worth something close to what you see online, but if your car was "retail ready" why are you selling it? A lot of vehicles are classified as "junk cars" for one reason? THEY ARE JUNK. If a car is not running or has a salvaged title or severe damage, YOU WILL NEVER get what "the Internet" says your car is worth because Kelley Blue Book, NADAOnline and Edmunds.com do not show "junk" value. Most of the time, probably 80% of the time, a car is only worth scrap value for the metal on the vehicle.
Now let's address how the insurance, automotive and banking industry use book value and the pricing companies' information.
The insurance companies use this information to determine if a car has been totaled or not. An example is this: You are in an accident and your car has $5,500 worth of damage. If the value of the car is only $5,000, the insurance company will choose to "total" your car, (also known as a "total loss",) because fixing it will cost more than car is worth.
For the banking world, to make a loan on a vehicle, they need to determine the "loan value" of the car. If your car has a loan value of $10,000, the bank may only finance 80% of that. If you have negotiated a sales price of $9,000 for that vehicle, you would need a $1,000 down payment to get to that 80% number for approval.
If you drive all over town from dealer to dealer, you will find that they all will offer about the same amount for your car, and as mentioned in my previous article, it's going to be $1,000 ? $2,000 lower than what "the internet said."
Now we come to Stevens Creek Subaru and other "Sell A Car" sites. Our company, Stevens Creek Subaru, has buyers that are ready to buy your car as fast as possible. We can make an offer without even looking at your car in most cases because our buyers know what each car is worth in each market. Our goal is to get you the most money, with the least bit of hassle. We come to you, pick up your vehicle and pay you on the spot. It really is the fast, safe and easy way to sell your car today.
I SOLD MY CAR. NOW WHAT?
Once your car is being taken away via a flat bed or tow truck, and you've said your final goodbyes, what's next? Well obviously, the first thing you do is call your insurance company to re-rate your insurance. Why? Because you now have one less car. Your overall auto insurance policy SHOULD go down, but it is possible that it could INCREASE. This depends on the type of discount you had on your policy. Typically you have a "multi-car discount" on your policy that makes your overall insurance premium lower. However, since this car may have only had minimal coverage, the discount you were receiving on your other vehicle(s) may have actually been MORE than the premium you were paying on the car you just sold. If this is the case, it may be time to switch auto insurance to get a new policy with an overall lower rate. If you are looking to save some money and get a new quote, feel free to send an email to us at Stevens Creek Subaru and we will get a local insurance broker to contact you with a 100% FREE, no obligation quote.
The second item that is of utmost importance is to notify your state department of motor vehicles (DMV in most states) that your car is no longer yours. Some states require you to mail in a portion of the title to release your liability of the vehicle. In other words, you are telling the state that from the moment you sold your car, you are no longer responsible for the vehicle. While most of the paperwork IS handled by the tow company that picks up and pays you for your vehicle, you should still do your due diligence and contact the state to let them know you sold your car and it is no longer under your ownership.
Finally, you should decide how to spend the cash (or check) you got for your car. I can't really give you advice on that, but if you are buying a new car, it can really help on the down payment. If you ever have any car buying or selling questions, feel free to email me directly: email@example.com. I will be glad to answer any questions you may have.