Just as carwow takes the hassle out of buying a car, it’s no surprise we take the hassle out of how to sell your car too. We’ve teamed up with The Car Buying Group to make selling your car for cash, simple, hassle-free and built to suit you.
Sign-in to carwow, hit the ‘Your showroom’ button at the top of the page, then 'Sell my car'. Simply fill in a few details about you and your car for an instant valuation based on your car being in average condition with no options.
Speak to us to tell us more about the condition of your car and any extras it might have to see if we can improve your quote. Also, you’ll get a £100 bonus on top of any price quoted. And remember we will beat any final price from an online competitor, so you can rest assured that you’re getting a great price when you sell your car through carwow.
When you’ve agreed the final price it’s then time to arrange the collection of your car. We can collect seven days a week, including evenings. Select a time and we’ll collect where it’s most convenient for you – your home, your place of work or even the dealership where you are picking up your next new car.
The representative from The Car Buying Group will inspect your car and make sure all the paperwork is in order -– your car’s service history and V5 registration document – and then confirm to HQ that the car is as you’ve described. Then comes the really good bit...
Payment is made directly into your bank account – with no transaction fees, no administration fees or hidden costs. It’s safe and secure and we won’t drive away until you’ve confirmed the cash is in your account. And that’s it.
You can then use all or part of that cash to buy your next new car. And that’s one of the key benefits of selling your car through carwow – you decide how you want to invest the cash from your car sale, unlike a part-exchange at a dealership, where all the car’s value is transferred into the deposit for your next car.
How much can get for your car depends on a number of factors. The make and model are probably the most important – some brands and cars are more desirable than others, therefore they hold on to more of their value and command a higher price.
Your car's age and mileage will also have a big affect on how much you can sell your car for. The older the car and the higher the mileage, generally the lower the valuation.
Equally important is your car's condition - scuffed alloy wheels and bumps and scratches will lower the value of your car, because we’ll need to sort them before we move it on again.
Another factor on how much you can sell your car for is its service history. This is the record of the car's annual services. A car with a full service history – where you’ve had it serviced every year or within its set mileage – will have a higher value than one with bits of its service history missing.
Finally, the number of previous owners affect a car’s value – you can find out this information on your V5 document.
Get an instant valuation for your car with our super simple valuation tool.
While we think this is the most convenient way there are of course other ways to sell your car.
This is probably the most well-known way to sell your car. When you are buying a new car from a dealership, the sales agent will offer to buy your current car. This cash is then used as a deposit for your new car.
The advantage of this method is that the transaction is done at the same time and place as when you buy your new car. So you drive into the dealership in your old car and drive away with your new one.
However it can be a lot to think about, having to negotiate the price you’re paying for a new car at the same time as having to negotiate the price you’re selling your old one for.
In addition, in most cases, you can only put down a maximum of 30% deposit on your new car which may mean you’re better off selling your current car for cash instead of trading it in.
Here, you pay a little to place an advert on a classified website and hope it will be spotted by a potential buyer. You then arrange for them to come to you to view and test drive the car.
You agree a price, they pay you and then they drive the car away. This method is for those who don’t mind having potential customers come to their house and is the method that could get you the most cash for your car. However, there’s no guarantee on how long it could take and how much cash you’ll end up getting.