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Edmunds Review 2024: How Edmunds Can Help You Sell Your Car?

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Edmunds Review

edmunds logo

When it comes to selling your car, Edmunds offers you 2 options. You can either sell your car to Edmunds directly, or use the Edmunds’ free car valuation tool to understand a fair price for it and sell your car privately. Either way, Edmunds doesn’t charge you any fees. Plus, if you decide to sell your car privately, Edmunds’ printable dealership certificate will enable you to let your customer avail of the test drives and save money from the Manufacturer’s Suggested Retail Price.

Legit & Safe

Offers Value

Turnaround Time

Payment Process

Pros

  • Edmunds offers instant cash offers and will buy a car directly from you
  • The Edmunds’ free car appraisal tool provides accurate pricing of your car
  • Edmunds offers free resources and tips to help you sell your car privately

Cons

  • The valuation shows prices that are less than the actual value of your used car
  • Edmunds focuses on newer cars (from 1990) – most car data is for late models

Jump to: Full Review

Compare to Other Car Buying Websites

Peddle

Peddle logo

Get a legit offer in minutes – provide VIN, mileage and condition

$0 fees + you don’t have to pay for towing – Peddle will take care of it

Get paid in check during the pick up for any car (damaged, junk, wrecked)

Wheelzy

Wheelzy logo

Quick car evaluation without the hassle – sell your car within 30 min

Choose a convenient date and time for free pick-up, as soon as next day

Get cash in hand the same day the Wheelzy agent picks up your car

CarBrain

CarBrain logo

Get an offer within 2 minutes and sell your damaged car within 24 hours

Free vehicle towing and no fees to getting rid of your damaged car

The tow truck driver will arrive with your check (nationwide service)

How Does Edmunds Work?


Edmunds Inc is one of the leading online car purchasing and selling solutions and a bright star in the automotive industry. 

Edmunds allows you to;

  • Submit an Online Application: You can do this by providing a few details about your car, including License plate, VIN, year, make, mileage, and condition of the car.
  • Get Your Cash Offer: Once you submit your application, you’ll get an instant cash offer that’s good for seven days. If you think the price is fair, you can accept it within seven days. 
  • Get Paid: If you decide to accept the offer, you’ll need to bring your vehicle to the Edmunds outlet in your area and get paid in cash.

The Edmunds agent will do a quick inspection to see if everything checks the information provided in your application. 

After the inspection is over, they’ll hand you the check, and you’re free to go home.

How Much Can You Get for Your Car With Edmunds?


Edmunds has a set of tools and calculators that you can use to calculate the true market value of cars. So, depending on your car’s make, model, and condition, you can expect to make between $1K to $50K.

Who is Edmunds Best for?


Edmunds is designed for individuals who want to sell their new or used cars. The platform is also designed for users searching for new and used car listings by local dealers.

What Types of Vehicles Does Edmunds Purchase?


Edmunds purchases new and used cars, including popular brands such as;

  • Acura
  • Chevrolet
  • GMC
  • Jeep
  • Mazda
  • Subaru
  • Audi
  • Dodge
  • Honda
  • Kia
  • Mercedes-
  • Benz
  • Toyota
  • BMW
  • Ford
  • Hyundai
  • Lexus
  • Nissan
  • Volkswagen

How Fast Can You Sell Your Car With Edmunds?


Provided the information about your car is accurate, You can sell your car within one day. However, the offer will be valid for seven days, during which you can either accept or reject it.

Edmunds Fees: How Much Does it Cost to Use Edmunds?


Whether you’re selling your car to Edmunds or just using the Edmunds appraisal tool to sell your car privately, it won’t charge you any fees.

Edmunds Payment Options


Once you accept the offer, Edmunds can either pay you in cash or deposit money directly to your bank account.

Edmunds Reviews: is Edmunds Legit?


Edmunds is a legit site that lets individuals buy or sell their cars. Apart from Sitejabber where it is rated 1.4, the site is yet to be reviewed by other independent review platforms.  Most positive reviews described it as a good platform that allowed them to sell their cars smoothly. 

Others also praised its customer support describing it as reliable. Unfortunately, some users argued that Edmunds does not allow negotiations. 

WebsiteRating
Sitejabber1.4

What Are the Edmunds Pros & Cons?


Edmunds Pros

  • Edmunds offers instant cash offers and will buy a car directly from you
  • The Edmunds’ free car appraisal tool provides accurate pricing of your car
  • Edmunds offers free resources and tips to help you sell your car privately
  • Used for new and old cars

Edmunds Cons

  • Edmunds does not provide room for negotiations
  • The valuation shows prices that are less than the actual value of your used car

How Good is Edmunds Support?


Edmunds has comprehensive customer support including frequently asked questions pages covering topics on how to buy and sell vehicles. In case of any questions or assistance, you can contact them via dealersupport@edmunds.com.

Edmunds Review Verdict: is It Worth Selling Car with Edmunds?


Edmunds has operated successfully since 1997 and continues to thrive in the growing digital automotive industry. Edmunds cover a wide range of leading car brands like Audi, Ford, Volkswagen, Mercedes, Hyundai, and many more. 

When it comes to selling your car, Edmunds offers you 2 options. You can either sell your car to Edmunds directly or use the Edmunds’ free car valuation tool to understand a fair price for it and sell your car privately.

Once you accept the offer, you can sell your car within one day. Either way, Edmunds doesn’t charge you any fees. 

Plus, if you decide to sell your car privately, Edmunds’ printable dealership certificate will enable you to let your customer avail of the test drives and save money from the Manufacturer’s Suggested Retail Price. 

Taking all these valuable features into account, we can say Edmunds is worth it all.

How to Appraise Your Car With Edmunds?


When it comes to selling your car, it is essential to know how much your car is worth in the current market conditions. Edmunds appraisal tool helps you determine the appropriate price for your car.

  1. From the Edmunds website or app, choose the car appraisal option
  2. Enter the VIN, license plate details, or year, make and model of your car to get an estimated price of your vehicle
  3. Fill in the Edmunds questionnaire about the car’s color, mileage, depreciation costs, and other mechanical features to get the accurate value of your car
  4. Enter the dealer retail value
  5. Based on the data you provided, Edmunds will calculate the appraisal value of your car

However, you need to know what are the brands that Edmunds tool provides appraisal values of. Generally, luxury brands like Cadillac, Ford, Audi, Aston Martin, Lexus, and Mercedes Benz fall under the appraisal list. You can also get appraisal values for any car manufactured after 1990.

Selling Your Car Privately With the Help of Edmunds


Selling your car to Edmunds isn’t the only option you have. In fact, you can use Edmunds’s free appraisal tool to sell your car privately. Let’s go through the process of selling a car privately and how to use Edmunds calculator to get the most out of your car.

Step 1: Find the Worth of Your Used Car

  • With Edmunds appraisal tool, you can calculate the private-party value of your used car.
  • You need to enter the details of your car’s condition, color, mileage, location, and VIN details to evaluate its worth.
  • You also get instant trade-in offers with Edmunds appraisal.

Step 2: Survey Other Websites

  • Compare the car prices and values from other competitor sites, such as KBB, before listing your car.
  • Use the Edmunds car trading guide to understand the market thoroughly.
  • While checking car values, consider your car type – is it an SUV, family sedan, sports car, truck, or mini? Because different cars have different market values and demands.
  • The prices vary based on private-party dealing, through dealer retail, or through trade-in.

Step 3: Price Your Used Car

  • Ask for a little more price than the actual to keep a window open for bargaining.
  • If your car is worth $13,000, set a price of $14,500 and leave a window for the buyer to negotiate.
  • Avail of the trade-in offer that is appropriate for a seven days dealership participation.
  • Redeem the offer while setting the price of your car.

Step 4: Prepare Your Used Car for Selling

  • No matter how old your vehicle is, make sure it looks properly maintained.
  • Get the scratches and dents repaired and have a mechanical check-up.
  • Make sure all the parts work perfectly.
  • Collect your vehicle history report from CarFax and show the customer.

Step 5: Advertise Your Car

  • Use Edmunds to advertise your used vehicle.
  • List your car in the trade-in section or in the private-party selling section.
  • Use social media and classified sections of the car-selling websites.

Step 6: Schedule a Test Drive

  • A potential buyer would want to have a test drive. Make sure to schedule a road test.
  • Edmunds Long-Term Road Test lets you know about current fleets of trucks and cars. Gather necessary safety guides.
  • Avoid meeting at home or study your buyer thoroughly before scheduling a test drive to keep yourself as safe as possible.

Step 7: Finalize the Deal 

  • Be careful about fraud and scams and accept the payment in cash only.
  • Schedule the transaction at a bank under the official’s supervision.
  • Make sure you deal with any paperwork that’s required to transfer the vehicle’s ownership. You can find the legal requirements at your local DMV (Department of Motor Vehicles).

Sites Like Edmunds


CompanyEdmundsPeddleWheelzyCarBrain
Logo edmunds logo peddle logo wheelzy logo carbrain logo
Service feeNo feesNo feesNo feesNo fees
Turn around timeWithin 1 day24 to 48 hours24 to 48 hours24 to 48 hours
Cars acceptedOlder than 2018 and value less than $30,000Any type of carsAny type of carsAny type of cars
ReviewFull ReviewFull ReviewFull ReviewFull Review

Edmunds vs. Peddle


Peddle Summary

  • Sell used, damaged or junk car nationwide
  • Get instant quote on (855) 925 4302
  • Free towing within 48 hours after offer
  • Receive payment upon car collection

Our Experience Selling the Car to Peddle

Recent Peddle offers

ModelYearMileageOffer
Toyota (Camry)2011150,000$2,225
Volvo (S40)200137,000$430
Mercedes-Benz (560)199192,000$1,930
BMW (528)2008126,000$1,140
Kia (Forte)2010145,000$635
Honda (CR-V)201167,000$2,930
Ford (Explorer Sport Trac)2004145,000$1,170
Oldsmobile (Alero)2004162,000$400
Audi (A6)2006106,000$530

Peddle is an online car-buying service that focuses on offering excellent service and convenience to its customers. Like Edmunds, Peddle is free to sign up. Both platforms also allow you to sell and buy used cars and pay you in cash or check during pickup. 

While Peddle is best for anyone who wants to earn extra cash by getting rid of an old or junk car, Edmunds is best for both new and old cars.

Edmunds vs. Wheelzy


Wheelzy Summary

  • Wheelzy stores are open 7 days a week
  • Get offer in minutes – (855) 510-1108
  • Free towing of your car from your location
  • Instant payment via cash or check

Recent Wheelzy offers

ModelYearMileageConditionOffer
Hyundai (Tucson)2006200,000Doesn’t start$400
Mercury (Sable Sedan)2003150,000Doesn’t start$225
Mercedes-Benz (C)2001150,000Starts$222
Ford (Edge)2010200,000Doesn’t start$1,200
Ford (Flex)2009150,000Starts$1,000
Lexus (RX)2002300,000Doesn’t start$750
Chevrolet (Cobalt Sedan)2007200,000Doesn’t start$200
Toyota (Corolla)2003250,000Drives$555
BMW (528)2008250,000Drives$1,487

Wheelzy is a car buying service that allows you to quickly sell your vehicle and get paid within 48 hours. Like Edmunds, Wheelzy is free to sign up. Peddle even provides a complimentary car removal service to come and pick up your vehicle. 

While I cannot say for sure who would give you the best cash offer, Wheelzy offers an advantage in terms of customer satisfaction.

Edmunds vs. CarBrain


CarBrain Summary

  • Call for a free quote – (844) 407-2200
  • Get cash for your car in under 48 hours
  • CarBrain buys cars in over 7 conditions
  • Up to 7 days to accept CarBrain’s offer

Recent CarBrain offers

ModelYearMileageConditionOffer
Mitsubishi Outlander Sport201150,000Collision damage, starts, doesn’t drive$1,270
Jeep Grand201543,000Collision damage, starts, doesn’t drive$8,000
Chevrolet201350,000Collision damage, does not start$1,335
Dodge Charger2011143,448Collision damage, does not start$1,000
Nissan Altima201382,000Collision damage, starts and drives$1,725
Chevrolet Silverado2008250,000Engine damage, starts, doesn’t drive$1,750

Compared to Edmunds, where you can sell your car and use a valuation tool, CarBrain is a company that purchases damaged cars in any condition. It offers an instant quote and a convenient way to sell your car with a 24-48 hour pick-up time. If you accept the offer, the CarBrain agent will pick up your car from your driveway and pay you on the spot.

CarBrain may then rebuild the car or strip it for parts. Like Edmunds, CarBrain’s service is free to use.

Edmunds vs. CarGurus


CarGurus Summary

  • Receive payment within 3 working days
  • Find out the market value of your car
  • List your car for sale in under 5 minutes
  • Up to $75,000 in protection for your sale

Similar to Edmunds, CarGurus also provides a feature that lets you compare the prices and features of different cars. Both platforms let you use their platform to get the best price estimate for your car but sell it privately.

Edmunds vs. Carvana


Carvana Summary

  • Get an online quote within 2 minutes
  • Free pickup wtihin 100 miles of a hub
  • Offer valid for 7 days or 250 more miles
  • Haggle-free process to sell your car

Carvana has been buying used cars that have no major damage or mechanical issues since 2012 and is well trusted car-buying service.

Requirements to sell the car to Carvana:

  • Cars 1992 or newer
  • Working odometer
  • In running condition
  • No excessive damage

To get an offer form, Carvana fill out an online form and provide your car’s license plate number or VIN.

The company will send you a cash offer which will be valid for 7 days or additional 250 miles. If you accept the offer, Carvana will pickup up the car from your specified location for free if it’s within 100 miles of one of their hubs.

Carvana will pay you by check at the time of the car’s pickup and inspection.

Edmunds vs. eBay Motors


eBay Motors Summary

  • Sell 20+ types of vehicle and car parts
  • Low listing fees starting from just $19
  • List a car for sale in under 10 minutes
  • 2 selling options – fixed price or auction

eBay Motors is a car selling website for buying and selling new, used, and certified pre-owned vehicles and parts. Compared to Edmunds, eBay Motors also lists RVs, boats, motorcycles, dune buggies, go-karts, snowmobiles, scooters, and personal watercraft. 

Compared to Edmunds, eBay Motors also has an extensive listing of fees based on the options you choose. While the listing is free if you are a high-volume seller, if you are a low-volume seller, the fees range between $60-$125. Otherwise, both platforms are some of the best car selling websites.

Edmunds vs. Cars.com


Cars.com Summary

  • Useful resources to help you sell a car
  • Excellent place to research the market
  • Instant cash offer from a dealer
  • Smooth and easy to use interface

Both Edmunds and Cars.com provide automobile dealing solutions for buying and selling new and used cars. In addition Edmunds and Cars.com both provide instant cash offers and purchase a car from you directly.

The main difference between Edmunds and Cars.com is that Cars.com is a better option for beginner car seller with less experience. On the other hand, Edmunds is more appropriate for thoughtful sellers who’d like to get a fair price value of their car based on the current market conditions.

Edmunds vs. AutoTrader


Autotrader Summary

  • Sell or buy a wide variety of vehicles
  • More than 14 million buyers per month
  • Get fair deals for your second-hand car
  • Efficient customer service

Like Edmunds, AutoTrader also offers a highly functional comparison and valuation tool to let you compare the prices and features of different cars before making a deal. What’s most valuable for sellers, both platforms provide a used car history report to help you understand the market for your used car.

However, AutoTrader has searching options that are comparatively more complicated than the simplified searching layout of Edmunds.

Other Sites Like Edmunds


Edmunds FAQs


What is Edmunds?

Based in Santa Monica, California, Edmunds started its journey as an automotive data publishing company back in 1966. And in 1997, the company started its journey to transform into a digital brand.

Since its inception, Edmunds has been providing information on selling and buying cars and getting the best deals. It provides you with tips, features, and pricing guidelines and helps you find the right automobile dealers. 

With Edmunds, you can successfully purchase a new car or a used car with values or sell your existing vehicle. Edmunds has a comprehensive database and inventory of authorized dealers and individual car sellers in and around California.

Is Edmunds free?

Edmunds is free to sign up and use.

Can you trust Edmunds?

As the best place to trade your car, Edmunds maintains an excellent reputation and offers many resources for helping sellers sell their vehicles.

Does Edmunds buy vehicle parts?

Edmunds does not sell or buy vehicle parts or accessories.

Is Edmunds legitimate?

Edmunds is a legitimate website that allows users to buy and sell their cars.

What is Edmunds price promise?

Edmunds price promise is a feature that allows users to instantly receive the dealer’s guaranteed price for a car by simply providing their name, phone number, and email address.

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Michael Becker

Dollarbreak

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