How Does Peddle Work and Is It a Legitimate Way To Sell Your Car?

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If you need quick cash and have a car in your garage, yard or driveway that you no longer want or need, Peddle may be the answer. Peddle is a convenient and easy way to make some money by selling your car with little effort for a fair price. It makes instant cash offers on used or junk cars with free pickup and on-the-spot payment. Keep reading to see if Peddle is a good place for you to sell your car.

See: What To Do If You Owe Back Taxes to the IRS

What Is Peddle?

Peddle is a website where you can get an immediate offer for the sale and free pickup of your old car, no matter the condition. Founded in 2011, Peddle was originally a junk removal company. It has bought and resold or repurposed more than two million cars in the United States. The company prides itself on providing customers with an easy, fast, enjoyable and modern car-selling experience.

How Does Peddle Work?

Getting an offer from Peddle to buy your car is easy. On the website, enter the year, make, model and trim of the vehicle you want to sell and select the “Get an instant offer” button. 

Next, you’ll answer some questions about your vehicle, such as the pickup location, ownership information and condition of the car. Enter your ZIP code where your vehicle will be parked at pickup. This information helps Peddle determine how much it will offer you for your car.

After entering your car’s location information, you’ll select whether you own your car outright, are still making car loan payments or are leasing it.

Peddle then asks you additional vehicle ownership questions about the car’s title. Is the title clean, salvaged or rebuilt? If you’re not sure what kind of title you have, you can select the information icon for detailed explanations of each title type.

The next 10 questions pertain to the condition of your car. Here are the items covered:

• Wheels and tires
• Keys and battery
• Starts and drives
• Mileage
• Exterior damage
• Doors, bumpers and panels
• Mirrors, glass and lights
• Catalytic converter
• Interior condition
• Flood or fire damage

After entering all of the information about the condition of your car, you get a nonnegotiable cash offer and a date when pickup is available in your area. Pickup can be as soon as the same day in some areas, as Peddle offers pickup in all 50 states.

Peddle makes offers based on the information given in the questionnaire that helps it determine the car’s market value, condition and whether you own the vehicle:

• Market value is what your car is worth based on where it’s located.
• Vehicle condition is determined by the details you entered about what shape your car is in — inside and out.
• Documentation indicates whether you own your car outright, are leasing it or are paying off a loan. Peddle will only make an offer on a paid-off vehicle that you own.

Preparing To Sell Your Car to Peddle

You have seven days to accept Peddle’s offer. If you decide to accept, you’ll schedule a pickup with a Peddle driver at your convenience within those seven days. When your car is picked up, you’ll receive payment on-site.

Before Peddle’s towing partner arrives to pick up your car, there are a few things you should do to get ready:

1. Notarize the title if required by your state.
2. Remove all personal belongings.
3. Have all vehicle keys ready to hand over to the driver.
4. Have the car’s title ready to hand over to the driver.
5. Make sure that all parts you indicated on the questionnaire are still on or in the vehicle.

Is Peddle a Legitimate Way To Sell My Car?

According to Trustpilot, customers rate Peddle highly as a place to sell old used cars. Peddle has a score of 4.6 out of 5 and a rating of “excellent” on Trustpilot, based on reviews from over 119,000 users. Its strong points, as noted by car sellers, are its quick transactions, prompt communication and fair payments.

Pros and Cons of Peddle

Here are some of the pros and cons you should consider before using Peddle.

Pros

• Tows your car for free from your designated location
• Makes a cash offer regardless of your car’s condition
• No customer fee charges to sell cars across the U.S.

Cons

• Doesn’t buy cars under lien, loan or lease
• Doesn’t buy motorcycles, RVs or boats
• No negotiations are allowed on offers

Final Take

Peddle networks with salvage yards and car dealers nationwide to buy old, used junk cars from sellers. You can get an instant cash offer if you decide to sell your vehicle to Peddle. So for a free, no-obligation cash offer, Peddle might be worth it to sell your old car.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

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