ALGO Review
If you’re looking to sell a car online, ALGO should be one of the places on your list. You have 2 options to request a quote: by calling their hotline or filling out an online form. It also offers a virtual inspection so you don’t need to take your car anywhere. Moreover, their call selling service is available in 50 states.
Pros
- Virtual inspection
- Get paid the same day as pick-up
- Available in all 50 states
- Get an offer through a phone call
Cons
- Offer validity is only 24 hours
- Charges a $95 administrative fee
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Best for Older & Damaged Cars
Buys used, damaged or junk cars
Free tow and no hidden fees
Pays by ACH trasfer or check
Top Pick for Junk Cars
Free, no-obligation cash offers
Offers free paperwork service
Pays on the spot upon pick up
Highly Rated by Customers
Excellent customer service ratings
Honors guaranteed offer for 7 days
Can pick up a car within 48 hours
Great for Low-Mileage Cars
Gives a real offer in 2 minutes
100% hassle-free online process
Free car’s Value Tracker available
How Does ALGO Work?
ALGO works quite like car-selling websites these days. Through its online platform, you’ll need to enter your car’s 17-digit VIN or license plate number first. Then, it will ask for the following details:
- Mileage
- Vehicle options
- Loan information, if applicable
You’ll also need to provide your contact details, such as email, phone number, and ZIP code. ALGO will ask for additional vehicle descriptions by having you answer a short questionnaire.
After completing the website process, ALGO will contact you through a video call. Through that, they will conduct a virtual inspection of your car, lasting up to 20 minutes.
In case you’re not available for video conferencing, you can still answer their questions via a phone call. Just contact them at 888-335-3225. Then, upload photos of your vehicle for proof of its condition.
ALGO will go over the information you provided and send you an offer within the same day. Once you receive the offer, you’ll only have 24 hours to accept it. After accepting the offer, ALGO will ask you to mail the title and upon receipt, will arrange the pick-up.
Finally, a representative from ALGO will pick up your car and hand you a check payment.
How Much Can You Get for Your Car With ALGO?
How much you can get for your vehicle with ALGO depends on many factors. These include the present condition and market value. For example, a 2019 Nissan Murano in excellent condition is valued at $23,900.
Meanwhile, a 2017 Hyundai Elantra Limited in good condition is sold at $13,325. In addition, a 2018 Chevrolet Equinox in orange color is priced at $17,900.
ALGO Reviews: Is ALGO Legit?
ALGO received an impressive 4.7 rating from customers at the Trustpilot. Some of the positive reviews the customers received are about its quick and efficient process.
Others also liked that ALGO representatives came on time for their pick-up schedule. Some customers felt that ALGO paid them great value for their vehicles.
On the other hand, few customers were not happy with the offers they received since it was lower than what they expected. Others also had issues with sending their documents to the company.
Who Is ALGO Best for?
If you’re looking for an online car-selling site, ALGO is surely one of your best choices. Other than that, the platform is also ideal for people who prefer to go for a virtual inspection, rather than bring their car in-store or send photos of it.
ALGO is available in all 50 states. As such, it’s also one of the go-to options for people in Hawaii, Alaska, or other states not typically serviced by other car-selling services.
ALGO Payment Options
ALGO hands out payment in check the same day they come to pick up your car. Specifically, you’ll receive the payment before they take your vehicle away. As it’s a check payment, you can expect up to a 10-day clearing period when you deposit it.
What Types of Vehicles Does ALGO Purchase?
ALGO purchases vehicles that are still drivable and have at least $1,000 value. Moreover, you can sell your car to ALGO even if it’s any of the following:
- Used or old
- Flood-damaged
- With salvage history
How Fast Can You Sell Your Car With ALGO?
When you sell a used car with ALGO, you can expect the entire process to take only 2 days at best. From the time you initiated the online process to getting a virtual inspection to ALGO picking up your car.
What also makes the car-selling process fast with ALGO is the 24-hour offer validity. That means you only have 24 hours to accept it, otherwise, you’ll go through the online process and virtual inspection again.
Once you accept an offer, ALGO can set up a pick-up time within the same day at best. Finally, you’ll receive the payment before they take your car away.
ALGO Fees: How Much Does It Cost to Use ALGO?
Requesting an online quote is free with ALGO. But once you accept their offer and have them pick up your car, an administrative fee of $95 will be deducted from the offer amount.
What Are the ALGO Pros & Cons?
ALGO Pros
- Virtual inspection
- Get paid the same day as pick-up
- Available to all 50 states
- Get an offer through a phone call
ALGO Cons
- Offer validity is only 24 hours
- Charges a $95 administrative fee
How Good Is ALGO Support?
ALGO offers support through a contact form on their website. You’ll need to enter your first and last name, email, phone number, and message. ALGO will get back to you either through a text message, email, or phone call.
You can also talk to them directly at 888-335-3225. Besides this option, you can also check out the Frequently Asked Questions section on their website.
You’ll find here information about how long the process takes, what you can expect on pick-up and how to maximize your vehicle’s value.
ALGO Review Verdict: Is It Worth Selling a Car With ALGO?
If you’re looking to sell a car online, ALGO should be one of the places on your list. You have 2 options to request a quote: by calling their hotline or filling out an online form. It also offers a virtual inspection so you don’t need to take your car anywhere.
Moreover, their call selling service is available in 50 states. And if you have additional questions, you can simply contact their customer service either by phone or contact form.
Finally, selling to ALGO is far easier as it’s one of the well-reviewed companies, according to Trustpilot. The only downsides of selling with them are that offers are only good for 24 hours and that there’s a $95 administrative fee.
ALGO FAQ
What Is ALGO?
ALGO is an online platform where you can sell your car. The car dealership, Auto Lenders, launched it in 2016, although the company itself has been in the business since 1979.
ALGO aims to provide a fast and easy option for selling vehicles. Since its launch, ALGO claims to have paid over $2 billion to their customers for their cars.
Can you negotiate with ALGO?
Since you’ll be talking to one of their representatives, ALGO is quite flexible in negotiation.
Can I trust ALGO to sell my car?
ALGO is one of the trusted car selling services these days, as proven by its 4.7 Trustpilot rating. Also, the platform is run by one of the largest pre-owned dealerships on the East Coast called Auto Lenders.
Is ALGO a real company?
Yes, it’s a real company launched by Auto Lenders in 2016.
What should I expect when ALGO picks up my car?
During the pick-up schedule, ALGO will only take your keys, hand you the check payment, and leave with your car. The process takes less than 30 minutes if you have the keys ready. You don’t need to worry about the offer amount changing at this point.
Will ALGO buy my car if I still owe money on it?
Yes, you can still sell your car to ALGO even if you still owe money on it. Just make sure to provide your loan details and ALGO will handle the payment to your lender.
If what you owe is more than what ALGO offers, you’ll need to pay for the difference. For that, ALGO accepts money orders or check payments.