TAMPA, Fla., July 11, 2019 /PRNewswire-PRWeb/ -- Whether you're trading in your existing car towards a new purchase, or selling it outright to a private party, one thing remains the same. A used car is an important and expensive asset; however, for many of today's consumers, both processes are confusing and intimidating.
When it comes to trade-ins, nearly 50% of consumers said that getting the right trade appraisal was either "very important" or "extremely important" to their next vehicle purchase decision, according to a recent survey by Black Book1. In that same survey, respondents said that a vehicle trade-in quote that's far from expectations is the second-most likely scenario to kill a deal. Private party sellers face additional hurdles when they choose to sell their car on their own. The dangers of fraud and crime, the hassles of filing the correct paperwork, and the huge investment of time can be overwhelming.
A new mobile app called The Appraisal Lane just launched in Tampa, and it promises to help local residents sell or trade their cars. The app connects consumers to a team of live appraisers, who provide cash offers for used cars in minutes.
Here's how it works.
- Download The Appraisal Lane app to any smartphone.
- Connect with live appraisers.
- Upload vehicle photos and answer condition questions.
- Get a cash offer in 30 minutes or less, redeemable for trade-in value or cash at a nearby dealership.
"Unloading your used car, at the right price, is a headache," said Jeff Risner, Co-founder and CEO of The Appraisal Lane. "Online value ranges are confusing. They vary widely from company to company and from car to car. On the other hand, our appraisers evaluate thousands of cars across all makes and models each month. That's all they do. The Appraisal Lane offers a quick, easy, and accurate way for people to sell or trade-in their car - with money they can put in the bank or use towards a down payment - right from the convenience of their driveway."
Risner says that technology has enabled car buyers and sellers to do almost everything they need to do online, with the exception of finding out what their used car is really worth.
"Our technology enables Tampa residents to get real money for their used cars, from real people, in real time, right in the palm of their hand," said Risner. "Used cars are as unique as the people who drive them. When you rely on computer generated price ranges, you rely on guesses, estimates, and speculation. Our intelligence isn't artificial and people appreciate that. What they appreciate most is the ability to quickly and easily sell or trade in their car at a fair price."
To date, The Appraisal Lane has delivered more than $2.5 billion in offers on used vehicles generated by live appraisers who evaluate thousands of cars each month across all makes and models. In addition to its helpful consumer app, the company also offers apps for car dealerships to help manage used car inventory. TAL Dealers connects dealerships with consumers to create a transparent, convenient, and consistent trade-in process for every shopper, regardless of the vehicle. TAL Buyers helps dealerships and dealer groups source in-demand inventory from any curb.
Vist the App Store or Google Play to download The Appraisal Lane. For more information about The Appraisal Lane, visit http://www.theappraisallane.com.
1Black Book, Trade Appraisal: How to Narrow the Gap to Close More Deals, August 2017.
About The Appraisal Lane™
The Appraisal Lane is a mobile app-based community of expert appraisers who put guaranteed cash offers on used cars. Dealers use The Appraisal Lane to manage, move, and source inventory. Consumers use The Appraisal Lane to connect with live appraisal experts in real time, answer simple vehicle condition questions, upload pictures, and get an offer for their used car in minutes. Since its launch in 2016, The Appraisal Lane has delivered more than $2.5 billion in offers on used vehicles. For more information, visit TheAppraisalLane.com.
SOURCE The Appraisal Lane
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