Sellers Frequently Asked Questions:
Buyers Frequently Asked Questions:
What does it cost to sell my car at Buggy Bank?
You pay a setup fee
of $100 plus an initial contract fee of $295 for the first 4 weeks. You
may elect to defer payment of the intial contract fee. If deferred, all
fees and other charges due must be paid anytime you take your car off the
lot.
You will get a 1-week bonus upon sign-in if you pay the initial contract
fee up front.
Regardless of the plan you choose, when the contract period expires,
a $20 daily fee is accrued until paid.
A 4-week renewal contract is $295 and must be paid in advance with both
plans.
If you price your car at $3000 or less we are offering a $100 discount
on the initial fee and renewals.
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What services am I paying for?
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Preparation of your car's ad and photo on our website
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Coverage - Our website attracts thousands of buyers from a wide geographical
area
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Display of your car to the hundreds of prospective buyers that come to
our lot every day
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Vehicle market analysis with local sales data
to effectively price your car for a sale
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Experienced and friendly staff to assist with the info you need to stay
on track for a sale
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Secure procedures for your vehicle’s inspections, test drives or mechanics
checks
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Twice weekly car wash service
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Does what I pay include the internet advertising?
No. The actual display of your car's ad and photo on our Internet
website is usually but not always available, cannot be garanteed,
and therefore is free. We also have no control over or are affiliated with
other internet advertising or listing services.
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Can you help me post my car with other Internet services?
As a courtesy, we will do whatever we can to assist you on
any site we are familiar with. We provide you with a "free web hosting
page" that contains a picture of your vehicle and its descriptive information
along with your advertising. You can then copy and paste the title (basic
description), the included, the extras and your own advertising into the
posting screen which can include the following link [ To see a photo, my
most recent price or to test drive click on http://www.buggybank.com/nnnnn.htm
.] where "nnnnn" is your contract number. Your responsibility will
be to post and publish this information.
For a more detailed explanation, click here.
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What attracts people to the Buggy Bank Internet site?
Our main Buggy Bank web site is now getting around 1,000 visits
from individual internet browsers per day. The "hits" are 20,000 or so
on the average daily. We are one of the few sites that actually list the
SOLD price as well as the asking price and a local market value on our
Sold
Vehicles list. Whether you are interested in buying or selling, this
information is helpful.
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Is it worth it?
We think its a small price to pay to have a secure place away
from your home with professionals who administer your test drives, handle
the buyer inquiries. Our experience may just help you remove a problem
that could cause you to miss what might have been an excellent opportunity
to sell your car. Check to see how quickly cars
are selling at Buggy Bank.
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When should I bring my car in to sell?
There is never a bad time to sell. Good or bad economy, season,
or weather. People always need cars at a reasonable price.
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What should I do before I bring in my car to be sold?
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Bring current registration and insurance records. Please check the expiration
dates.
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Make sure the registration is in your name only. If there are two names
on the registration joined by “or” either party can sell. Both people need
to sign our contract if it has two names separated by an “and” or a slash.
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You will not need an expensive detail, but you should wash and wax.
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Remove all items and clean the interior of the car thoroughly.
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Remove all items from the glove compartment and trunk, etc.
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Make sure it runs smoothly, and is safe to drive.
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Complete any critical repairs.
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Make sure your battery is healthy.
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Bring your car in with a full tank of gas.
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Bring two sets of your car keys, if possible.
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Be available for callers, or have answering system, and respond promptly.
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Locate the title of your vehicle in preparation for the eventual sale.
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If the car has a lien, ask the lienholder for a smooth transfer procedure
for your buyer.
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See our Seller's Tips for more information.
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What happens when I bring my car in to Buggy Bank?
You sign-in. We'll do a "walk around" to note the condition
of the exterior, interior and engine. We will take a photo of your car
for the free Buggy Bank web site. We will ask for and record you current
registration, insurance and we assist by presenting you with local market
statistics, and other factors that may have a bearing on your car's ability
to sell in today's market. Depending on the year, make, model, price range,
condition and your particular needs, we will do our best to present you
with an advantageous way to market you car. Allow 30 minutes to an hour
for this process.
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What do I have to do while I am waiting for an offer
on my car?
Normally nothing. Go about your business and life without the
distractions. As your agent, we will professionally handle the inquiries,
the on-the-lot inspections, and test drives. Stay in touch and make sure
our calls are answered. Call in once a week yourself to get an activity
analysis from one of our staff members.
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What happens when someone wants to buy my car?
Once a buyer has done the research at Buggy Bank and wants
to make an offer, we will tell him or her to give you a call. If a diagnostic
or "Mechanic's Check" is requested, you will give your approval to us and
we'll make secure arrangements. If all checks out well for the buyer, and
he wants to proceed, then you would both come to Buggy Bank and we would
assist you with the paperwork for DMV. You would bring your title and current
registration, and you would have instructed the buyer to bring a cashier
check for the amount of sale.
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Who are the sellers?
People like you who have busy schedules do not have the time
to meet every potential buyer. Private individual sellers are saying no
to costly trade-in deals and to paying thousands in dealer commissions.
They prefer to display their cars in a respected and reputable business
that provides a secure place away from their homes with professionals who
administer test drives, and handle buyer inquiries. They enjoy having their
car displayed on the free Buggy Bank web site. You will find that the sellers,
in general, are very pleasant to deal with as one of their reasons they
are using our services is that they are attracted to a hassle-free family
oriented environment like Buggy Bank.
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Are there any sales commissions or fees for buyers?
No test drive fees. No commissions. No salesmen. The only person
in charge of selling is the individual owner of the car.
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How are Buggy Bank cars priced in today’s market?
The best way to find this out is to check our sold
cars list. This will also give you a clue as to how fast these private
party owners are selling their cars. We also try our best to help the seller
ask a truly reasonable price.
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How does Buggy Bank work to help me buy a car?
You can check out a key to a car, check it’s interior, listen
to the engine, or test drive it if the owner has given his OK. If you are
interested in the car, please feel free to call the owner as we are not
involved in the negotiations. Request that the seller call us and authorize
you by name to take the car for an extended drive on the freeway or to
a mechanic for a diagnostic. When you have agreed with the owner to buy,
we will assist you and the seller with your DMV paperwork to conclude the
sale.
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Is there anything I should check or know about before
I come to Buggy Bank?
Yes. Call to make sure the car you are interested in is going
to be available. If you want to just check the car out, a current driver’s
license is sufficient. We will retain your license, give you the key, and
enter you in our database. If you plan to drive, then we also need a credit
card to hold as collateral. Test drives are limited to a 20-minute local
drive. The idea is for you to just get a feel of the car. If you really
want to “test” it, then please call the owner for permission. Test-drives
stop one hour before closing time.
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