Selling
Process:
After reviewing your vehicle information, Vero Value makes you an offer payable the same day by cash, check or wire.
Pros:
You keep 100% of the sale price, you have complete control over the process and cash out immediately.
Cons:
The offer will be a wholesale number, likely less than that of a retail or private party value.
Best For:
Sellers who are looking to liquidate their vehicle at once.
Selling vs Consignment vs Auction
Consignment
Process:
Vero Value partners with you and we handle the marketing, negotiation, and sale of your car for you, while you retain ownership until the final transaction.
Pros:
You benefit from our expertise and established customer base, which can lead to a higher final sale price than a private sale. It's less work for you, and the sale can often be quicker.
Cons:
Vero Value charges a 5% commission from the selling price and you don't get paid until the car is actually sold. Ownership remains with you, and you're still responsible for things like insurance and loan payments until the sale is final.
Best For:
Sellers who want to get a better price for their vehicle than a direct sale to a dealer, are looking for a more convenient process, and are willing to wait for their payment and pay a commission.
Auction
Process:
Vero Value lists your vehicle on auction and dealer-to-dealer wholesale websites for a quick sale. For a live auction, the vehicle is physically transported to the auction location for the sale. Auctions take place nearly every day in various locations, frequency for each location is generally weekly.
Pros:
You benefit from Vero Value’s connections to the wholesale market for a rapid sale. Guarantees maximum exposure to a vast group of buyers with cash at hand. Get paid by check or wire within 24 hours of completion of sale.
Cons:
Vero Value charges a 5% commission from the selling price and any transportation or auction fees are deducted from your proceeds. Ownership remains with you and you're responsible for insurance until the sale is final.
Best For:
Sellers who want to liquidate their vehicle quickly and who may have a particularly valuable, uncommon or difficult vehicle to sell with a narrow customer base. By exposing the vehicle to dealers worldwide at the wholesale level, the seller may maximize their selling potential.
