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How to Sell?

CarShop Review 2024 – How Much Can You Make?

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Written by: Michael Becker
Last Updated:

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CarShop Review

carshop logo

CarShop is a legit online car selling site that allows you to trade in or sell your car in an easy, fair, safe, and secure process. CarShop gives you money for your car regardless of its condition or where you bought it from. You can make more than $50,000 by selling your car to the company. You will receive payment via instant bank transfer after accepting CarShop’s offer.

Rating

4.4

Safe & Legit

Offers Value

Turnaround Time

Payment Process

Pros

  • CarShop buys vehicles in any condition
  • Sellers do not pay any fees to use CarShop
  • It is simple to sell a car to the company
  • Sellers receive instant payments

Cons

  • There is no price haggling
  • Offers may be low

Jump to: Full Review

Best for Older & Damaged Cars

Peddle logo

Buys used, damaged or junk cars

Free tow and no hidden fees

Pays by ACH trasfer or check

Top Pick for Junk Cars

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Free, no-obligation cash offers

Offers free paperwork service

Pays on the spot upon pick up

Highly Rated by Customers

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Excellent customer service ratings

Honors guaranteed offer for 7 days

Can pick up a car within 48 hours

Great for Low-Mileage Cars

Carvana logo

Gives a real offer in 2 minutes

100% hassle-free online process

Free car’s Value Tracker available

How Does CarShop Work?


You can sell your car to CarShop by getting a quick vehicle valuation online that takes less than 2 minutes; it includes providing your vehicle’s details. 

The platform’s car selling process is simple and stress-free, and it entails the following steps:

  • Step 1: When you want to sell your used car to CarShop, first, you schedule an appointment with the dealer.
  • Step 2: You take the car to CarShop’s facilities to get it evaluated.
  • Step 3: CarShop gives you an offer.
  • Step 4: If you like the offer, CarShop processes the paperwork and pays you within the shortest time possible.

You can also trade in your used car on CarShop by following the same process as selling, only that instead of receiving cash, you exchange your vehicle for another one. There are no hidden fees when you sell your used car online to CarShop.

CarShop buys used cars in whatever conditions they are in, provided they are functional.

How Much Can You Get for Your Car With CarShop?


factors impacting offered price by carshop
Vehicle ModelYearMileageLocationWhat You Get
Acura MDX Advance201936,000 milesSouth Brunswick, NJ39996
Alfa Romeo Stelvio TI Sport201837,000 milesGlenn Mills, PA33996
Audi SQ5 premium +201933,000 milesGlenn Mills, PA52096

The price CarShop gives you for the car depends on

  • Your vehicle’s model
  • Similar models’ prices at dealer auctions
  • The vehicle’s condition
  • Kelley Blue Book Data on similar vehicle prices.

CarShop Reviews: Is CarShop Legit?


CarShop is a legit, safe, and reliable car selling service that has been buying and selling used cars for more than 10 years.

The site has received many positive and bad reviews, with most individuals lauding CarShop’s customer service as one of the best in the automotive industry. Sellers appreciate the site’s friendly and professional team when doing the car selling transaction.

However, some sellers find the platform’s offers too low than what they thought was their vehicle’s worth; this usually happens when they over-value the car’s quality and features, hence their frustration with CarShop.

Review SiteCarShop Rating
Trustpilot4.4 out of 5 stars
DealerRater4.7 out of 5 stars
Cars.com4.8 out of 5 stars
Reviews.io1.9 out of 5 stars

Who Is CarShop Best for?


CarShop is the ideal platform for car sellers who want to experience a fair and transparent car selling service. CarShop simplifies selling used cars by giving sellers fair prices and buying their cars without charging them fees.

CarShop Payment Options


CarShop pays you via a check or instant bank transfer when you are satisfied with their offer to buy your used vehicle, and the platform has verified the car’s title.

What Types of Vehicles Does CarShop Purchase?


CarShop purchases used vehicles in any condition, whether water-damaged, old, junk, wrecked, or used. The site also doesn’t discriminate where you initially bought the car; as long as it is rolling, you can sell it to CarShop.

How Fast Can You Sell Your Car With CarShop?


There isn’t a specific timeframe for selling a car with CarShop; the process depends on how soon you schedule an appointment with the team, get the car valuated, and accept their offer. Approximately, it could take a few hours to 14 days or more to sell your car to CarShop.

CarShop Fees: How Much Does It Cost to Use CarShop?


You use CarShop free of charge; you don’t have to pay any hidden costs or administration fees. CarShop can access the website and use it seamlessly without stressing about incurring extra charges on their accounts.

What Are the CarShop Pros & Cons?


CarShop Pros

  • You sell your car in a simple and quick process.
  • You receive an online car valuation within 2 minutes.
  • You don’t have to deal with strangers who may be wasting your time without buying the car from you.
  •  Individuals can sell used cars to CarShop in any condition they are in.
  • Sellers don’t have to follow up on payments; they receive an instant bank transfer after selling their cars to CarShop.

CarShop Cons

  • You may not make as much money as you would have if you sold the used car privately.
  • You cannot negotiate the price CarShop offers you.

How Good Is CarShop Support?


CarShop support has received many positive reviews for its proactive approach to sellers’ concerns.

When selling the car, the team gives sellers maximum attention; they set up sellers’ appointments to take their cars for valuation at the premises. They also ensure customers receive the best offers for their vehicles.

You can call CarShop’s support hotline (866-736-7383) to set up an appointment or email them to raise any concerns with the site.

CarShop Review Verdict: Is It Worth Selling Car With CarShop?


It is worth selling your vehicle to CarShop; the platform simplifies car selling and gives you the best offer for your car based on its model, auction sales data, and Kelley Blue Book (KBB) data.

You can get $39,996 for a 2019 Acura MDX Advance (36,000 miles) in South Brunswick, New Jersey. You can also sell a 2018 Alfa Romeo Stelvio TI Sport (37K miles) for 33,996, and a 2019 Audi SQ5 premium + (33k miles) will fetch you $52,096 in Glenn Mills, Pennsylvania.

Also, you don’t have to pay a dime to sell your car to the car selling website. The selling process doesn’t attract any charges, relieving you from the stress of incurring extra costs to sell your vehicle instead of benefitting from it.

CarShop FAQ


What Is CarShop?

CarShop is a car selling service owned by Penske Automotive Group Inc, whose headquarters are in Bloomfield Hills, Michigan. CarShop was founded in 1999 by Camden Motors. CarShop’s achievements include being acquired by Penske, one of the fortune500 companies.

Penske renamed 6 US-based vehicle SuperCenters from CarSense to CarShop, merging them with 11 centers in the UK. Together, they form a formidable car buying and selling platform in the automotive industry.

What Was the Significance of Renaming to CarShop?

The name change signified the beginning of CarShop’s global development as a prominent used vehicle brand. Roger Penske, Penske Automotive Group CEO, reported that SuperCenters sold over 50,000 used cars in 2010, generating more than $1 billion in revenue.

CarShop has big plans for the future; the company’s goal is to expand from 17 to 40 locations by the end of 2023. Also, the brand aims at increasing used car sales to 150,000, generating $2.5-3.0 billion in revenues by the end of the fourth quarter of 2023.

What is CarShop online?

CarShop is a car buying and selling service owned by Penske Automotive Group, Inc. the company buys used vehicles from individuals at fair market prices.

Can I sell my car to CarShop?

You can sell your Car to CarShop by getting an online valuation for your car, setting up an appointment with the dealer, receiving an offer after an assessment, and being paid via instant bank transfer after accepting the offer.

Can I trade in my car at CarShop?

You can trade in your car by applying the vehicle’s value to trade in your used car for a different one.

Does CarShop charge selling fees?

CarShop doesn’t charge sellers any fees.

Is CarShop legit?

CarShop is a legit car buying and selling company that has existed since 1999.

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Michael Becker

Dollarbreak

About the author:

Michael Becker is a car enthusiast and expert who has been working in the automotive industry for over 15 years. He started his career as a salesperson at a local dealership, where he learned the ins and outs of the car market. Then he moved on to flipping cars for a profit.

Michael has also helped many of his relatives and friends to sell their cars, using his knowledge and skills to get them the best deals. He will guide you through the process and help you avoid the common pitfalls.

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