According to Carsales more than 68% of its customers who accept an Instant Offer for their car from a dealer do so within 24 hours.
In FY23, Carsales says that it saw a 48% increase in cars sold through the Instant Offer program and that the top three cars traded between the owner the and dealer for 2023 are the Mazda 3, the Hyundai i30 and the Mazda CX-5.
It says Instant Offer is the go-to service for Aussies wanting to sell their cars quickly, with thousands of cars purchased every month by dealers in the Carsales network.
Users can get an obligation free Instant Offer for their car, with guaranteed next business day payment– the service is backed by Carsales’ dealer network, and can be accessed across Australia.
Carsales’ managing director Paul Barlow says Instant Offer is a popular service due to the speed in which people can sell their cars.
“Instant Offer is a hassle-free and fast way for Aussies looking to sell their cars within 24 hours, and this service has continued to build momentum over the past year – highlighting the demand for new and innovative ways to sell cars,” Barlow says.
“Car owners can sell directly to participating dealers in Carsales’ dealer network with prices earned usually higher than the typical trade-in valuation.
“For those who might be looking to sell a car, the average sell price in September 2023 was $24,100 – with peace of mind, most sellers can obtain a free Instant Offer priced by Carsales within just a few minutes,” Barlow says.
How does Instant Offer work?
1. Eligible users simply enter their car’s details (such as make, model, year, condition and the odometer reading) to receive a free Instant Offer priced by Carsales in just a few minutes.
2. If the user accepts the Instant Offer within 7 days, they can schedule a time for the car to be inspected at home or another location.
3. Once the sale is finalised, the user can drop the car off or use Carsales’ collection service for a fee, hand over the keys and get paid the next business day.
According to Carsales, ‘Easy process’, ‘Hassle free’ and ‘Great service’ were the top three most commonly used phrases reported by Instant Offer customers in August 2023.
