PHILADELPHIA, Aug. 16, 2019 /PRNewswire-PRWeb/ -- The process of getting rid of a used car for many Philadelphia residents – either by trading it in to a dealer or selling it to a private party – can be confusing and time consuming. This is a problem, considering that cars are one of the most valuable assets many people own.
In fact, when it comes to trade-ins, nearly 50% of U.S. consumers say 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 selling their cars outright, including the dangers of fraud and crime, the hassles of filing the correct paperwork, and the overwhelming investment of time.
To help, The Appraisal Lane has launched a new mobile app, enabling Philadelphia residents to quickly and easily sell their used cars. The convenient app connects consumers with a live team of appraisers, right from the convenience of their driveway, to get a cash offer for their used car in minutes.
Here's how it works.
● Philadelphia residents download The Appraisal Lane app to any smartphone.
● They connect with live appraisers.
● They upload vehicle photos and answer condition questions.
● They receive a cash offer in 30 minutes or less, redeemable for trade-in value or cash at a nearby dealership.
"It's a hassle to get rid of your used car at the right price," said Jeff Risner, Co-founder and CEO of The Appraisal Lane. "A majority of today's consumers rely on price ranges generated by computers – ranges that vary widely from website-to-website and car-to-car. Through the years, technology has improved the car buying process, but until now, consumers still lacked the ability to find out what their used car is really worth from live appraisers. That's why we created The Appraisal Lane."
According to Risner, the biggest benefit to Philadelphia residents is the ability to quickly and easily sell or trade-in their car, from the convenience of their driveway, and use the proceeds as a down payment or cash in the bank.
"The Appraisal Lane enables consumers to get real money for their used cars, from real people, in real time, right in the palm of their hand," said Risner. "People appreciate the fact that our intelligence isn't artificial. 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, the company's showroom solution, 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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