Written by
Amy Buxton, Financial Trend Guru
, 2 March 2018

'Ta ta vehicle sales'

It can’t have escaped your notice that a number of companies have sprung up, gleefully (and tunefully, if their catchy jingles are to be believed) promising to make selling your car as simple as a few clicks of your mouse. Well, at last, there’s one that looks to do everything it promises.

The concept behind Tootle is a staggeringly simple one but it’s so effective that you almost have to wonder why nobody thought of it before. There’s no more logging into a website to self-assess the state of your car, only to have that appraisal blown out of the water when you drive your car into a bricks and mortar location, to swap your steed for cash, as people BID for your car.

No, this isn’t a case of eBay Motors gone mad; it’s actually a very logical and simple idea whereby Tootle gives sellers a platform to list their cars and dealerships competitively bid to win the vehicle in order to add it to their fleet. Sounds too good to be true? There must be lots of hidden fees, right? Well let’s take a look at the fine print.

What are sellers expected to pay?

Absolutely nothing. Yes, you read that right, we promise. Having searched high and low on the Tootle website, for ANY sign of hidden costs to the seller, we didn’t find a single thing. It’s free to list your vehicle, you don’t have to pay Tootle a percentage of your final sales figure, there are no admin fees to cover and you don’t have to pay a premium to have dealers contact you by phone to discuss your car.

'Is Tootle a charity then?'

Of course not! If you’re wondering how Tootle manages to operate as a profitable business, we have the answer; by charging the professional dealerships a ‘sourcing fee’. Clearly displayed on every listing, dealerships, once logged into their accounts, can see how much they would need to direct to Tootle, for finding a particular car that they eventually purchase, to bolster their forecourts.

Why is this better than other car-buying operations?

There are a number of reasons why Tootle seems to be a better choice for private car sales than similar-ish set-ups that purport to being happy to ‘buy any car’ out there. The top selling points seem to be:

Tootle does not buy a single car, which means there is no motivation to undervalue. Sellers will need to prove to independent bidders that the condition they have listed the car as being in is absolutely true, but even at this stage, Toole does not interfere and states that either party can back out of the sale. It’s not like eBay, where a bid is cast in stone; you can change your mind, either as a bidder or a seller.

Competitive bidding usually results in a better sale price. Internet car-buying firms simply cannot match the prices that Tootle can, because they are one company trying to buy a car for as little as possible, in order to maximise profit. On Tootle, 1000’s of reputable dealers will be able to see your vehicle listing and bid on it, creating competition, which should drive the price up.

Tootle is completely free for sellers to use. Selling a car can become an expensive endeavour, what with professional valets, listing fees and final sale percentage fees all racking up, depending on the platform used. That’s why so many people in need of a cash injection look to fast car buying schemes as a solution, but they could be short-changing themselves significantly. Tootle is 100% free to list on and there won’t be much waiting around, as over 80% of offers are usually received in the first 48 hours after posting.

Are there any restrictions as to which cars can be sold?

Obviously, you will need to be listing a car that actually has some re-sale value, but cars of any age and mileage can be added to Tootle. To get the benefit of dealership bids, your vehicle needs to be less than 10 years old and with less than 120,000 miles on it, but apart from that, anything goes. Models that don’t meet these criteria can still be sold, however, as Tootle will make an immediate offer on them.

Is it all really this easy?

In a word, yes. Honesty is the key, so as long as you’ve listed your car realistically, provided good quality pictures and engaged in open communication with bidders, the process will go wonderfully smoothly. You have nothing to pay, dealers get a great new car for their lot and you have money in the bank. Even the handing over of a vehicle is a refreshingly stress-free, as most dealers will collect directly from your driveway, but those that prefer a drop-off will never be far from your home. It’s the perfect scenario and comes with peace of mind that if anything does go awry, Tootle has a dedicated customer support team on hand to step in and mediate.

What do sellers say?

It probably won’t come as a shock that sellers love Tootle and everything it offers and this appreciation has lead to an impressive 4.7 out of 5 stars rating on Google. That’s not easily achieved, as a public rating system can be easy to abuse, but the reviews really do speak for themselves.

We’ll leave you with a typical assessment of the Tootle service, so you can make up your own mind whether you want to traverse the peaks and troughs of the private sales arena or simply take advantage of the Tootle platform,

"you will be surprised how easy it is to sell your car"

“Very impressive service. I advertised my Audi RS4 on Google and immediately got a large number of bids and phone calls. The offer I accepted was not the highest but the one that suited me best and from a company I preferred. The dealer visited my home, gave the car a good look and within the hour he had paid me via bank transfer and driven the car off for the value we agreed via the application. Be as honest as you can, take loads of photos and you will be surprised how easy it is to sell your car.”

Written by
Amy Financial Trend Guru
, 2 March 2018