Trade-in for Car Dealers

Current trade-ins for car dealers

Mercedes-Benz C 43 AMG
Mercedes-Benz C 43 AMG
02/2018 | 20,456 km | Sedan | Petrol
Renault Kadjar 1.3 TCe 160
Renault Kadjar 1.3 TCe 160
07/2019 | 50,486 km | SUV | Petrol
MINI Cooper 1.6
MINI Cooper 1.6
06/2003 | 50,959 km | Estate | Petrol
Ford Kuga 2.0 EcoBlue
Ford Kuga 2.0 EcoBlue
04/2021 | 19,003 km | SUV | Diesel
Opel Grandland X 1.5 D
Opel Grandland X 1.5 D
12/2020 | 10,480 km | SUV | Diesel

B2B Trading Platform for Trade-Ins

As a car dealer, you want to offer your customers a wide selection of vehicles. Therefore, trade-ins of used cars are likely part of your daily routine - nothing new so far. And as you probably know, there are several sources for acquiring used cars. However, many dealers still do not utilize digital auction platforms like CarOnSale for trade-ins. In this article, you will learn why it is especially beneficial for independent dealers to incorporate B2B auctions into their used car management.

Trade-in of a used car - what is that exactly?

Trade-ins of used cars often occur when customers purchase a new car and trade in their old vehicle. According to a survey by the German Automotive Trust (DAT), this happens with 55% of new car buyers and 37% of used car buyers directly at the dealer.

The used car dealer has two options: they can either include the trade-in in their inventory for retail customers (B2C trade) or offer it to other dealers for purchase (B2B trade). B2C refers to business relationships between dealers and end customers, while B2B refers to business relationships between dealers.

Purchasing trade-ins in the B2B trade - what are the advantages?

Purchasing trade-ins from customers - that's part of your daily business, and as a professional, we don't need to tell you much about it. But what about acquiring trade-ins from authorized dealers or fleet providers? Why is it a profitable business for you?

Because the used car market is tight. In 2022, according to the Federal Motor Transport Authority, only 5.6 million used cars were sold in Germany. In 2021, it was 6.7 million, and in 2020, it was even 7.0 million. This means that in recent years, there has been a decreasing supply of vehicles available for customers.

In addition, there are delays in the delivery of new cars. One reason for this is the ongoing microchip crisis, which affects not only the automotive industry. Due to chip shortages, only a few of them are available. This means that many almost-finished new cars cannot be delivered because they lack microchips. Customers sometimes have to wait for their new vehicle for months, and many have little patience or cannot afford to wait because their old car is no longer roadworthy.

The result: Some customers who initially want a new car opt for a young used car instead. This further reduces the selection available to dealers. The demand for used cars is high, the supply is low, and as a result, prices increase significantly.

In 2019, 44% of all used cars were traded in the price segment up to 10,000 euros. In 2022, only 23%. The category over €17,500 accounted for 24% in 2019 and 46% of all used cars in 2022. (Source: DAT Report 2023)

So, by purchasing B2B trade-ins, you not only enhance your offerings but also become more competitive and resilient during crises. Your customers will benefit from a wider selection and appreciate it. In fact, according to DAT, 23% of all respondents who planned to buy a car in 2022 but did not proceed cited limited choices as the reason.

A promising source for acquiring used cars: online platforms like CarOnSale

If you have decided to purchase trade-ins, the next question is where to find them at a good price. One option is, of course, traditional brick-and-mortar dealerships, with backyard dealerships being a popular source. However, you can also conveniently buy trade-ins online.

Für die Endkunden ist das Internet längst ein wichtiges Medium bei der Entscheidungsfindung für den Autokauf. Die meisten Endkunden informieren sich vorab online, bevor sie sich für einen Händler entscheiden und diesen dann aufsuchen. <br>25 % aller Gebrauchtwagenkäufer können sich sogar vorstellen, ein Fahrzeug ausschließlich über einen Online-Händlerkontakt zu kaufen - das fand der TÜV Nord in seiner Digitalstudie 2022 heraus.

In 2020, 41% of all dealers in Germany also reported using online platforms for reseller auctions to purchase trade-ins. However, considering the current digitalization and scarcity of goods, this number is surprisingly low. Therefore, you should also utilize B2B online platforms like CarOnSale for acquiring used cars. (Source: autohaus.de)

CarOnSale sees itself as your partner with the aim of simplifying the purchase of trade-ins. When you use our platform, you benefit from the following advantages:

Greater selection than traditional dealerships

Let's start with the most important point: At CarOnSale, you have access to a significantly larger B2B inventory of trade-ins than any local dealership. This is because you are not limited to a specific region. While you may have previously only observed the local trade-in market when looking to purchase trade-ins, CarOnSale offers you offers from dealers throughout Europe.

Offers across all vehicle classes

You know your typical customers very well and understand the type of vehicles they are looking for. Naturally, you want to buy trade-ins that meet your customers' preferences because customer satisfaction is essential. However, with the current shortages in the used car market, it is sometimes challenging to find specific vehicle classes at reasonable prices. At CarOnSale, you will find models from all categories. Our inventory includes dealership trade-ins, corporate fleet trade-ins, and fleet trade-ins. In short, the marketplace covers the entire range of vehicles, from premium midsize cars and SUVs to compact subcompact cars.

Quick processing of trade-in purchases

Another advantage of buying trade-ins through CarOnSale is the uncomplicated and efficient processing of reseller transactions. We handle all the necessary steps to ensure a smooth purchase!

These include:

Secure payment processing via COSPay
Contract creation
Delivery of documents
Optional transportation via COSCargo

For transportation, CarOnSale provides the COSCargo tool. Within 5 to 10 business days*, we deliver the vehicle directly to your location, and during transport, you will receive regular updates on the whereabouts of the vehicle. In concrete terms, after a successful auction, you can sit back and relax while CarOnSale handles the transaction.

Price advantages compared to traditional dealerships

When purchasing a trade-in, every euro counts because your profit is derived from the purchase and resale price. This is especially true given the current high prices of used cars. Take advantage of low-risk profit generation by exploiting price differences abroad. After all, inventory and prices of vehicle models differ between countries and domestic markets. At CarOnSale, you can set a maximum bid for each auction, ensuring that your profit margin does not become too small.

Typical prejudices against platforms like CarOnSale - and our response

As mentioned earlier, many dealers are still skeptical of digital tools like CarOnSale. As a result, they miss out on many advantages when it comes to purchasing trade-ins. We want to support you in your daily business of acquiring used cars, which is why we have gathered a few typical prejudices and debunk them.

"I can't inspect the goods beforehand!"

That's correct; as an online auction platform, physical inspection is not possible. However, at CarOnSale, you can expect vehicle exposés that far exceed industry standards! Our vehicle assessors, located directly at the suppliers, ensure this. They assess the vehicles based on 75 predefined criteria, highlighting any notable features or issues in the exposé. Our exposés include information such as paint layer thickness and tire tread measurements, engine audio recordings, and detailed videos - as if you were there in person! Still not convinced? Complete your impression with the 360-degree condition overview. It provides a comprehensive view of any potential vehicle defects. Based on this information, you can purchase trade-ins without taking unnecessary risks.

Have you heard of COSCheck Plus?

With COSCheck Plus, you are protected against undisclosed mechanical damages up to 5,000 euros! And all this for only 99 euros.(No test drive is conducted by our assessors; it is a vehicle inspection)

"I have to pay fees!"

That's also true. We charge a fair platform fee for successful auctions. The fee structure is based on the vehicle price but is capped above a certain amount. Thanks to the wide price range possible in auctions, we assure you that buying trade-ins from us is worthwhile. A clear breakdown of costs is always transparently available.

This enables fair pricing for both buyers and sellers!

"I don't have time to sit in front of the computer all day!"

You don't have to. Place your bids conveniently using the bid agent by setting your maximum bid, and the automation takes care of the rest while keeping you informed. Additionally, a CarOnSale representative is available to you via WhatsApp, phone, or email. Of course, the platform is also mobile-friendly, allowing you to quickly check the current status even while at work. Plus, you save the time previously spent on inspections or auctions at traditional dealerships.

Conclusion

Purchasing trade-ins on digital platforms like CarOnSale has tremendous potential for professionals like you to remain competitive, especially in challenging times. If you have any further questions about the process, feel free to contact us by phone or email.

What our customers say about CarOnSale
Autopark Castrop-Rauxel
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Good service thanks to our contact person Ms Kaloglou. She is and was very helpful and courteous. We have only had good experiences with CarOnSale. Accordingly, always happy to do business with us again!
Bünyamin Solak
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I am very satisfied with the site. Every problem is solved without delay. The site is very straightforward and easy to use. Very helpful and friendly staff. I can only praise my contact person Ms. Burcu, she is always available and helps with every issue. :)
Sławomir Pietrzak
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Very nice and competent people who work at Caronsale. Very good contact and every time a smooth transaction. Participating in the auctions at Caronsale are always pleasant and professionally conducted. Greetings to the whole team and I will certainly recommend you to others.
Ralf Hösel (Sales Manager - Auto Scholz)
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Thanks to the security of COSPay, we can arrange for the vehicles to be collected before payment is received and thus significantly reduce downtimes.

Trade-in of vehicles by body type

Car Icon Hatchback
Compact car
Car Icon coupe
Coupé
Car Icon sedan
Limousine
Car Icon Station Wagon
Station Wagon
Car Icon SUV
SUV
Car Icon Minivan
Small bus / Van
Audi logo
Audi
BMW logo
BMW
Citroen logo
Citroën
Dacia logo
Dacia
Ford logo
Ford
Mercedes-Benz logo
Mercedes-Benz

Buy trade-in cars at CarOnSale

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Frequently asked questions

What will CarOnSale cost me?

For a successful vehicle purchase, fees apply, starting at €89 and capped at an upper limit. You can view all incurred costs transparently in your account at any time.

How is payment for transport made?

You will receive the invoice by e-mail after booking. Furthermore, you will find the option to download under the menu item "My orders".

Which documents do I need for registration?

Since CarOnSale is a marketplace for commercial used car dealers, we are legally obligated to review the following documents from you:

1. Your trade registration/commercial register extract. | 2. Your passport or national ID card (front and back). | 3. Your VAT identification number (USt-ID).

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