Seller
FAQs
Why should I have Import 1
Motorsport sell my car?
When you make the decision to sell or trade your car, you have
two choices:
1) Sell/trade the car to a dealer, which can be convenient but
often results in a price that is far less than the private party value.
2) Take on the time consuming and costly challenge of selling it
on your own.
Import 1 Motorsport allows you to sell your car without having
to go through the hassle of preparing, photographing, listing and maintaining
the cleanliness of the car. We also deal with all appointments to show the car
so you don’t have to take time out of your schedule, or have strangers coming
to your home. Our reputation, access to financing options and ability to accept
trades make it much easier for customers to find and purchase a car through our
dealership.
- Make more
than you would on trade-In and avoid having to deal with low ball offers.
- Save Time
& Eliminate Hassle.
- Selling from
your home is a potential safety risk for you and your family.
- We answer
all the questions and concerns potential buyers may have with your
vehicle.
- We process
all of the necessary Title and Tag paperwork.
- We inspect,
clean, photograph, list, and sell your car.
- We keep your
vehicle detailed for demonstration.
What Does Import 1 Motorsport
need from me?
- Title or
loan payoff statement
- Registration
- Driver’s
license
- Proof of
insurance
- Keys
- Service
records that will add to the value of your vehicle.
What does it cost to have
Import 1 Motorsport sell my car?
There will be an up front fee of $595,
which covers the expense to prepare and market your vehicle for sale, including
interior and exterior cleaning, a Carfax history report, 30+ photographs, ad copywriting, and various online
listings such as CarGurus.com, Cars.com, Carfax, listingallcars.com, and ebay. If your car happens to need an extensive detail it
will cost an additional $100. After we sell your vehicle, we take an 8% fee
directly from the proceeds. Our incentives are completely aligned: If we don’t
sell your car, we don’t get our 8% fee.
What services am I paying
for?
When you Consign your vehicle with Import 1 Motorsport, we will
use all of our resources to sell your car quickly. We will research market
conditions to help you price your car competitively, clean and prepare your car
for sale to maximize its curb appeal, advertise and display your car in our
indoor facility, manage email and phone inquiries as well as test drives. We
will provide you with updates to keep you informed. Once you are matched with a
buyer, we will arrange any document processing on your behalf. We will handle
the DMV, insurance and bank paperwork properly. As a private seller, you may
not know how to release yourself from liability. If not done correctly, and the
buyer feels the car was not represented accurately, they may have legal claim
to a refund. If you haven't processed the paperwork properly you can be held
responsible for the buyer's negligence. We take care of all paperwork,
releasing you from all liability immediately upon sale and get your money to
you in the fastest possible fashion.
How is the price of my
vehicle determined?
We will do a thorough market analysis on your car, checking many
of the listing sites to see where similar vehicles are priced. We also look at
current auction results, for these most accurately reflect current market
conditions. Keep in mind, how you price your car will have a great influence on
how fast it will sell.
Where is my vehicle listed?
All listings post on our own site, Car gurus, listing all cars,
Cars.com, Carfax, and Ebay. We will also have your
car placed within our own showroom giving it visibility among our inventory. We
work extremely hard to maximize exposure to your vehicle during the marketing
process.
What happens when someone
wants to buy my vehicle?
We present you with the offers we receive for your vehicle,
accepting them or rejecting them is up to you if the offer is lower than our
initial price analysis. If you accept the offer, we will make arrangements to
finalize the deal, process all paperwork, and prepare the vehicle for delivery.
Once your vehicle is delivered and the funding is finalized we will cut you a
check within 5 business days.
What if a potential buyer has
a trade?
Approximately 40% of used car buyers have a car they wish to
trade, another reason why they want to purchase a car from a dealer. Most don't
want to bother with selling it themselves and want to enjoy the sales tax
savings on their purchase. Trades are treated the same as cash and you’ll still
realize the same net money in your pocket. We welcome trade-ins resulting in a
quicker sale for you.
Do I have to leave my vehicle
with you?
We do recommend leaving your vehicle with us to increase your
chances of a quick sale. We can offer a variety of flexible options that allow
you to drive your car while it’s for sale. Our online marketing skills will
drive maximum exposure for your vehicle, and we will work with you to schedule
test drive appointments while minimizing any inconvenience.
What if a potential buyer
needs financing?
Over 80% of all cars sold are financed, so having options for
our customers to get financed makes selling a car much easier than for a
private seller. We regularly assist our customers get financed whether they
have good credit or not. These options make purchasing more attractive and
feasible to buyers.