PrivateAuto vs the Competition

We’ve created the world’s first end-to-end platform that streamlines every aspect of the private vehicle transaction process. Let’s compare how we stack up against the leading vehicle marketplaces, auction sites, and online dealers.

PrivateAuto vs Auction Sites

Auction sites provide a valuable service by connecting a vehicle buyer and seller directly to one another. Unfortunately, many of them lack the infrastructure to see a transaction all the way through.

Where PrivateAuto provides in-app messaging, financing, and a payment gateway, most auction sites leave buyer and seller to figure out payments and other details on their own, outside of the auction site.

PrivateAuto vs Marketplaces

The proliferation of used vehicle marketplaces speaks to the advantages of private vehicle transactions over the dealership model.

Most online car marketplaces function similarly: they allow a seller to create a listing, and a buyer to buy the listed vehicle. What they don’t provide are all the other functionalities that make a transaction easy.

That’s where PrivateAuto comes in. Similarly to other marketplaces, we feature used vehicle listings—but go far beyond. Our tech stack includes in-app messaging and scheduling, financing, an instantaneous payment gateway, and much more. We lubricate every aspect of a used car transaction so that buyers and sellers avoid friction and have a safe and convenient experience.

Selling Your Car Privately with PrivateAuto

Thinking about selling your car privately? We provide the easiest, safest, and the only self-service way to sell your car privately. The sales process consists of a few simple steps:

1. Gather necessary documentation

You’ll need your vehicle title and other documentation. Have all the necessary paperwork handy, so you’re not scrambling to find it at the moment of completing a sale. Paperwork requirements are different from one state to another; fortunately, PrivateAuto prompts you to know which documents are required by your state.

2. Register on PrivateAuto and get verified

To make PrivateAuto a safe place for everyone, we require email, phone, and driver’s license verification, including facial recognition. Get started here.

3. List your car

Easily create your PrivateAuto listing with our step-by-step guide. Bonus: we include a window brochure with a QR code scannable to your listing.

4. Set your terms

It’s your car, so you drive the deal! You can control where, when, and who you meet. Decide whether to accept only ID-verified buyers or buyers with verified funds. Don’t waste your time with buyers who aren’t verified to your preference.

5. Vet incoming offers

Manage offers in one place with the ability to accept, reject, or counter offers within the app. Listing on multiple sites? Filter all communications through PrivateAuto by sharing your listing link on all platforms. Your personal info is protected: no more giving out your phone number or email address. All communication happens in our app.

6. Choose a buyer

When you find an offer you like, accept it and proceed to the next step with that buyer.

7. Schedule a test drive

The buyer will want to look at your car. No more back and forth texts. You never have to give out your phone number. Rather, use our handy scheduling feature to schedule test driving and coordinate a time and place for meeting. (Oh, and you’ll be able to finalize the transaction instantly at the first meeting, FYI.)

8. E-sign documents

After the buyer is satisfied with your car and the two of you have agreed on a purchase price, you can easily e-sign the Bill of Sale within our app, from your phone. With our shared documents feature, you can easily locate the paperwork needed after the sale.

9. Get paid, instantly

Before PrivateAuto, receiving funds was the most stressful part of the entire selling process, especially for any used car sale over $5,000. There just aren’t a lot of good ways to move large amounts of money quickly and conveniently. Those days are over! Verify and receive funds instantaneously with PrivateAuto Pay, our innovative banking integration. Guaranteed funds for transactions large and small. PrivateAuto even allows buyers to apply for financing within our app; if approved, they show as having verified funds.

10. Transfer title

When you sell your vehicle, fill out the necessary information on the back of the title transfer form and sign the vehicle title in order to transfer ownership of the vehicle to the new owner.

11. Cancel Insurance

You don’t want to pay for insurance on a car you no longer own, so be sure to remove the sold vehicle from your insurance plan.

How to Sell My Used Car in Each State?

Different states have different requirements when it comes to issues such as:

• Whether to leave license plates on the car or remove them
• Whether a bill of sale is required or not
• Whether an inspection is required or not
 
That’s why we’ve created a specific guide to selling your car in each state. Click on your state below to learn more.

PrivateAuto FAQ

How does PrivateAuto vet buyers and sellers?

Both buyers and sellers get verified using the latest facial recognition technology to create a safe experience. Buyers must provide drivers license information, an email address, and a phone number. This personal information is hidden from other buyers and sellers and is only used to verify the user’s identity.

Sellers must enter the VIN for the vehicle and create a profile before listing. A VIN is critical to investigating the ownership of a vehicle and determining whether the title is clean. Buyers and sellers can enjoy peace of mind on PrivateAuto knowing that both parties have been thoroughly vetted.

Typical private-party used car sales require handling a large amount of cash or processing a cashier’s check.

Cash can be stolen, and cashier’s checks can be falsified. Cashier’s checks may appear legitimate, even after being deposited, only to be exposed weeks later after you’ve already signed over your vehicle.

Direct banking is a safer alternative to give both parties peace of mind.

PrivateAuto Pay is a direct banking integration that ensures payments are safely transferred without the risks associated with cash or cashier’s check sales. Payment information is also hidden from the seller, so a buyer doesn’t need to be concerned with bank information theft.

In a state that charges sales tax—and most states do—the buyer will pay sales tax on the purchase of a used car, according to the state’s tax rate. The buyer may also pay additional taxes and fees as well. See our complete guide to used car sales tax for more info.

Yes, selling your car online is a good idea. PrivateAuto connects you directly with private buyers while protecting your contact info. We give you a convenient and easy solution for selling your used car and getting top dollar.

You can sell your used car to a private individual and make more money on the sale. A dealer can offer you a trade-in value or instant cash offer, but these are almost never as much as you can make in a private sale. Whether you’re selling the latest luxury vehicle or an old car with maintenance issues, you’ll almost always earn more in private sales.

Buying a used vehicle from a private party also has some benefits. Dealers not only charge dealer fees but they can be pushy and difficult to negotiate with. Whereas, an individual may be more flexible on pricing or more friendly when discussing the details of the vehicle. Because a private seller is often the individual who drove the car frequently, this seller may know more about the vehicle than a dealer.

Some states require a bill of sale, while others don’t. On a more granular level, many states have specific counties that require a bill of sale, while others don’t. Whether required or not, a bill of sale is always a good idea, as it shows proof that a transaction occurred and can protect you.

When you buy or sell a car via PrivateAuto, we always generate an electronic bill of sale that buyer and seller electronically sign via our mobile app.