How Much Does Cargurus Charge To Sell Your Car

CarGurus is a popular online marketplace for buying and selling used cars. If you’re thinking about selling your car on CarGurus, you may be wondering how much it will cost. In this article, we’ll break down the different fees associated with selling your car on CarGurus and provide some tips on how to save money.

How Much Does CarGurus Charge to Sell Your Car?

CarGurus offers two different pricing plans for selling your car:

  • Basic Plan: The Basic Plan is free to use. With this plan, you can list your car for sale and receive leads from potential buyers. However, you will not be able to access any of CarGurus’ premium features, such as the ability to promote your listing or get your car featured in search results.
  • Premier Plan: The Premier Plan costs $49.99 per month. With this plan, you will get all of the features of the Basic Plan, plus access to premium features such as:
    • The ability to promote your listing
    • Get your car featured in search results
    • Access to CarGurus’ customer support team

Which Plan Should You Choose?

The best plan for you will depend on your individual needs and budget. If you’re on a tight budget, the Basic Plan is a good option. However, if you’re serious about selling your car quickly and for the best possible price, the Premier Plan is a better choice.

Tips for Saving Money on CarGurus

Here are a few tips for saving money on CarGurus:

  • Use the Basic Plan: If you’re on a tight budget, the Basic Plan is a good option. You can still list your car for sale and receive leads from potential buyers, even though you won’t have access to any of the premium features.
  • Promote Your Listing: If you want to sell your car quickly, you can promote your listing for an additional fee. This will help your listing get more visibility and attract more potential buyers.
  • Get Your Car Featured in Search Results: You can also get your car featured in search results for an additional fee. This will help your listing stand out from the competition and get more attention from potential buyers.
  • Use CarGurus’ Customer Support Team: If you have any questions or need help selling your car, you can contact CarGurus’ customer support team. They will be happy to help you with whatever you need.

Understanding CarGurus Listing Fees

When you decide to sell your car on CarGurus, one of the primary costs you’ll encounter is the listing fee. CarGurus offers both free and paid listings, providing sellers with options based on their preferences and budget. The free listing option allows you to showcase your vehicle to potential buyers without incurring any upfront charges. However, there’s also a paid option called “Enhanced Listings,” which comes with additional features to boost the visibility of your car among the vast array of listings on the platform.

Exploring Enhanced Listings Benefits

If you opt for an Enhanced Listing on CarGurus, you’ll be required to pay a fee for the added benefits it offers. Enhanced Listings typically come with features like a higher placement in search results, highlighting your listing to make it stand out, and providing performance analytics to track your listing’s effectiveness. While the cost may vary, these enhancements aim to increase the likelihood of selling your car more quickly and efficiently.

Calculating the Cost of Enhanced Listings

The specific cost of an Enhanced Listing on CarGurus can vary based on factors such as your location, the market demand for your vehicle, and the duration of the listing. CarGurus charges sellers on a monthly basis for Enhanced Listings, and the fee is generally reasonable compared to the potential benefits it may bring. Before selecting this option, it’s advisable to carefully weigh the advantages against the associated costs to ensure it aligns with your selling strategy.

Considering the Fair Market Value Tool

CarGurus provides sellers with a valuable tool known as the Fair Market Value (FMV) tool. This tool offers insights into the current market value of your car based on various factors such as make, model, year, mileage, and location. While using the FMV tool is free, it’s an essential resource to help you set a competitive and realistic price for your vehicle. Understanding the market value can contribute to a smoother selling process and may increase your chances of finding the right buyer.

Transaction-Related Services

In addition to listing fees, sellers on CarGurus should be aware of potential transaction-related services that may incur additional charges. CarGurus offers services such as secure messaging, facilitating communication between buyers and sellers, and a secure payment platform to streamline the transaction process. While these services can enhance the safety and convenience of the selling experience, it’s crucial to be mindful of any associated fees.

Navigating Negotiations and Offers

Once your car is listed on CarGurus, you may start receiving offers and engaging in negotiations with potential buyers. While the platform itself does not charge fees for these interactions, sellers should be aware of other potential costs, such as meeting at a location for a test drive or obtaining a vehicle history report to build trust with buyers. These additional steps are part of the selling process and contribute to a successful transaction.

Selling your car on CarGurus can be a straightforward and effective way to connect with potential buyers. Understanding the associated costs, including listing fees and optional enhancements, is crucial for making informed decisions throughout the selling process. By leveraging the platform’s tools and services strategically, you can maximize the visibility of your listing and increase the likelihood of a successful and efficient sale.