The TruWorth Shares: Trade Program is a unique way to maximize the money you make when you sell us your vehicle.
It's pretty simple.
First, we buy your vehicle (i.e. your first check from us). Next, we service the vehicle and list it on more than 250 third-party car sales websites (Autotrader, Cars.com, CarGurus, TrueCar, etc.) Once we sell your vehicle, we'll split the net profit with you 50/50 (i.e. your second check from us.) That means that you can get TWO CHECKS for selling us ONE VEHICLE.
There's no catch, just a requirement:
We actually have to sell your vehicle and earn a net profit.
According to Consumer Affairs, an auto consignment is when a "dealer takes the vehicle, puts it on their lot and handles the sale, taking a commission when it sells."
In this situation, the dealer doesn't actually buy your vehicle. They hold it and market it on their lot for you, but they have no true skin in the game.
You have to wait and hope they will sell your vehicle at the price you want and that their commission, fees and other expenses don't cut into your pay too much if they're able to sell your vehicle at all.
Our model is much different.
With the Shares Program, you get cash upfront; this means that we actually purchase your vehicle from you. We now have skin in the game and there's no waiting period at all since the check we give you is cashable that same day.
Then we put the vehicle on our lot and when it sells, we'll split the net profit with you 50/50.
That's two checks in your hand for selling one car. It's truly a win-win!
That depends on a number of things.
Sometimes we'll purchase a vehicle, sell it within a couple of days and have a second check ready within the next week.
Most vehicles we list sell within 30 days.
But, to be on the safe side, we ask that you give us up to 3.5 months to go through the entire process, start to finish. This includes servicing the car, having it on the lot until someone purchases it, and then having enough time to fund your Shares check if we earn a net profit from its sale.
Rest assured, you will be guided by our Shares Representative as your vehicle makes its way through our program. Our Shares Representative will be your first point of contact if you have any questions about your vehicle or the Shares Program in general.
Just bring your vehicle down to our dealership and we'll get the appraisal process started. Or, input your contact information in the form below and we'll reach out to you. Just specify that you're interested in the Shares program and we'll take it from there.