Luxury cars are about status, comfort and performance. Brands like BMW, Mercedes-Benz, Audi and Maserati communicate luxury through new leather seats, expert design and the latest technology.
It’s not about the brand on the front, but the pleasure derived by driving in it. And, because luxury car buyers appreciate new technology, fresh leather seats and the status of owning a new car, they often switch cars more quickly than those who drive economy cars.
Buying luxury cars is an experience of indulgence and pleasure, but selling your luxury car is a different story. Traditionally, you have two options: selling it yourself in a private party sale or trading it into the dealership.
Selling your luxury car in a private party sale
Selling your luxury car to a private buyer is an appealing choice because, ideally, you stand to make more money on the sale of your used luxury car. The reality of private party sales, however, is far from that ideal.
It’s difficult to find serious luxury car buyers who both share your appreciation for fine vehicles and have the financial means to close the deal. This is why luxury car sales often drag on for two to three months. That’s three months of luxury car payments, insurance coverage and depreciation.
So, in fact, you have quite a bit of money to lose while waiting for your luxury car to sell. And, if you list your car on eBay or Craigslist will only attract buyers who will waste your time test driving a car they know they can’t afford. It’s difficult to target the luxury car buying audience on Craigslist or the classifieds.
Trade your luxury car into a dealership
Let’s say you own an older Mercedes-Benz E-class, and you want to trade it in for a new Audi A6. You think you can just To be blunt, Audi does not want your used Mercedes. They can’t show it on their showroom floor. They specialize in the market price of Audis, not Mercedes. Unless they can get a deal, they will not take it. So, they offer you a low number hoping for one of two things: (1) you walk away or (2) they get such a deal on your car that it’s impossible for them not to turn a profit.
So, if you’re frustrated with low dealership trade-in offers, that’s why.
Or sell your luxury car to us for its Kelley Blue Book ICO value today
It’s in our name—I Buy Luxury Cars. Skip the hassle of selling your car private party, and avoid low-ball offers from the dealership.
We will pay at least the Kelley Blue Book ICO for your luxury car. We are, in fact, a KBB Participating Dealership. All you have to do is send us a couple of photos of your car and its VIN. Our team will get back to you within 20 minutes with a cash offer based on the market and its KBB value. If you accept our offer, we’ll wire you the cash within 24 hours.
Sound easier? It is. Sound faster? It is. We won’t hassle you. We’ll just give you a take-it-or-leave-it, no-obligation cash offer.
We’re not trying to sell you anything. But, if you’re taking suggestions on which luxury car to buy next, check out our monthly Value Plays—cars that we think offer killer performance for the price.