A: CarOffer is the industry’s first dealer-to-dealer trade network for buying and selling used vehicles. You will be able to get instant offers on fresh trades in seconds, automated private offers on your daily inventory and, most importantly, you’ll be
able to stock the exact cars that you need well before they ever reach an auction.
A: Go to caroffer.com/demo and fill out all the required information. This lead will be sent to CarOffer automatically, where it will be assigned to a presenter and added to the calendar.
A: $325. This is the only cost to sell a car on CarOffer. The transport and inspection fees are paid on the buyer's end.
A: $325 buy fee + $110 inspection fee. The cost of the vehicle and transport is determined by the buyer when setting up BuyingMatrix™.
A: No. CarOffer is currently a used car trade platform.
A: When a dealer signs up with CarOffer they submit Buy Orders for the exact cars that they need with the options, colors,
price and max transport cost that they would pay. These Buy Orders are loaded into the system and we are able to place
these orders in real-time on the vehicles that match the Buy Order criteria.
A: BuyingMatrix™ is the system that allows a dealer to submit a buy order for a used car. Once the order is submitted the system will then match that buy order to fresh trades and to other dealers inventories that have that exact car. The system will keep placing the buy order offer until the vehicles have been matched and the quota is fulfilled.
A: Usually around one to two weeks, depending on the dealer engagement and how quickly we get integration documents back.
A: A dealer can buy, sell, or do both on the platform. However, our most successful dealers on the platform utilize both facets.
A: Caroffer organizes all of the transportation.
A: The buyer pays for the transportation but CarOffer handles the transportation logistics.
A: No - all vehicles on the CarOffer platform are green-light cars.
A: From the founders of AAX back in 2000, CarOffer is a combination of various existing and past companies over the last 20 years. CarOffer was launched in June of 2019 and now has thousands of dealers across the country using the platform.
A: The DMS is NOT mandatory but for better reporting and stocking recommendations it is very beneficial to include.
A: CarOffer will send you an electronic agreement to enroll into the platform. The integration team will then reach out to you with the documents needed in order to go live. This process usually takes 10-18 days depending on the dealer returning the forms.
A: If you are worried about a certain car aging or decreasing in value, CarOffer is able to show you a fixed value that you can lock in for 45-days. You can lock this value in at the point of appraisal or at any point as the vehicle is in your inventory.
A: Because we have thousands and thousands of buy orders loaded in the system we are able to match the vehicle to those buy orders in seconds.
A: We can connect to a dealer’s Floor-Plan or ACH.
A: There is full arbitration on the CarOffer platform. If the vehicle does not match your buy order or it is not within the recon $ parameters, CarOffer will pick up the vehicle and take responsibility or finance the difference in order to get the vehicle within the recon parameters.
A: OfferGuard™ is a buying insurance policy that can be added to the buy orders. This allows a dealer to buy a car and if they don’t sell it in 45-days, OfferGuard™ will ensure the protection to buy the vehicle back from the dealer and handle the pick up transportation.
A: Each dealer is assigned a Dealer Sales Manager (DSM). There is unlimited training and support from this individual and he/she is an
extension of your dealership to help you buy and sell more cars.