Whether you’re a long-time collector of classic cars or a casual hobbyist, selling your car yourself is a big undertaking.
With The Vault’s vehicle consignment program, we take the hassle out of selling your car while getting you a top price in today’s market. Through The Vault’s re-sale division, Veloce Motorsales, many of our car storage clients have chosen to consign their cars with us.
For a small percentage of the sales price, our team handles all aspects of vehicle consignment, from appraising to selling, directly from The Vault Storage facility in downtown San Diego or Miramar.
If you’ve been debating storing your car vs. selling, read on to learn what vehicle consignment is and five of the top benefits of consigning your vehicle with a company like The Vault.
What Is Vehicle Consignment?
Most people are familiar with the term consignment, but many don’t know that you can consign your vehicle while getting top dollar in today’s market.
Put simply, when you consign your car, the consignment company will handle nearly all aspects of selling. The following steps vary by company but typically include:
If you’ve ever sold a vehicle yourself, you know how time-consuming it can be handing the aspects listed above. That’s why vehicle consignment is a worthy consideration.
5 Benefits of Vehicle Consignment
A lot goes into selling your vehicle for the price you want. Not only do you have to prep your car, but you need to take high-quality photographs, making sure you document any flaws as well as the aesthetics that you have worked hard to preserve.
After that, you need to create an accurate, compelling listing that requires deep knowledge of the vehicle itself. From there, setting up advertisements is another task on your list, as well as communicating with and setting up appointments with prospective buyers.
With vehicle consignment, you can offload these tasks and take advantage of these top benefits:
1. Showroom-Worthy Photos and Listing
It’s hard to create a professional vehicle listing when you have limited time and access to resources. When you sell your car on consignment, the consignment company will prep your vehicle before taking high-quality photos and creating an accurate and compelling listing, saving you hours of valuable time.
2. Access to the Consignment Company’s Network and Database
Once your listing is live, it’s time to market it. When you sell your car on consignment, you have the unique opportunity to have access to the company’s network and database.
For example, The Vault has an extensive customer network and database to advertise your vehicle. Our network allows us to reach a large number of potential buyers, meaning more eyes on your listing without you having to lift a finger.
3. The Consignment Company Will Manage Inquiries for You
Anyone who has sold a car knows how frustrating it can be to manage vehicle inquiries. Some potential buyers will go dark, while others will text you at all hours of the night.
When you sell your car on consignment, you don’t have to worry about meeting strangers at your home or elsewhere to show them your vehicle, and you don’t have to wade through a flooded inbox full of low-ball offers and flaky potential buyers.
4. Get Top Dollar for Your Car
Having access to an extensive network and database of potential buyers helps ensure that you get top dollar for your car. More than that, consignment companies typically appraise your vehicle beforehand. Pre-appraisal helps ensure that you can select a reserve price based on market value.
Better yet, consignment companies like The Vault can offer you an educated market assessment. Our assessment can give you valuable insight into what your vehicle can sell for, not only based on the current market but historical data.
5. Little to No Paperwork
If administrative tasks are the bane of your existence, vehicle consignment is for you. When you consign your car, the consignment company will handle all the administrative tasks like paperwork for you.
Let Us Sell Your Stored Car
If you’ve been considering selling your stored car at The Vault, we’re here to help. The Vault offers the best vehicle consignment services in San Diego and can handle all aspects of selling your car while getting you the price you want.