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Consigning your car means paying consignment fees, a payment to the consigner for the time and effort spent selling your car. Typical car consignment fees range from $250 to $1,000, while some companies charge based on a percentage basis usually 5% to 15% of the final sale price.
Advantages for Buyers Confidence in Purchase: Most consignment dealers thoroughly inspect vehicles before listing, offering buyers peace of mind regarding the cars condition. Access to Financing: Dealerships often provide financing options, making it easier for buyers to afford their desired vehicle.
2 - Commission fee This is earned and paid to the consignment dealer only when your vehicle sells. Consignment dealers usually determine the commission amount by using one of these most common methods: Flat - usually between $500 - $2,500, or. Percent - based on % of final sale price of vehicle.
Consignment works well from both sides. As a buyer, car consignment means you can trust that the car youre buying has been vetted by someone who has a vested interest in making you happy.
Heres an important point: In most consignment deals, you keep ownership of your items until they sell. This is different from traditional retail, where stores buy your product outright before selling them to customers.
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Consignment fees can be too high for some sellers. If it is a percentage based fee, the typical numbers are between 5-15% of the final sales price. If it is a fixed rate, the fees associated could be $250 - $1000. There is less control over how your vehicle is sold.
Car consignment is a process where a car owner partners with a dealership or an agent to sell their vehicle on their behalf. Unlike a typical sale where the owner handles all aspects of the transaction, in a consignment sale, the professional dealer manages everything from marketing to finalizing the deal.
Consigners are most often found at established automotive dealers due to natural synergies between consignment and outright sale. In exchange, of course, consigners typically require compensation in the form of a consignment fee.

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