Money Saving Ideas

Algo Car Selling Review: Sold My Car In 4 Days

I decided in 2020 September that I would come back from the USA in December. I am writing this post from outside of the USA. As you can see from the post date, I already left the US. Anyway, you do not need to worry about that. But before returning to India, I had to sell my car. I thought I would keep my car until the last day because I had to get the RT PCR test done 72hrs before boarding the flight. Anyway, the point is, we all know how important a vehicle is in the USA. Nevertheless, you will get Algo Review and not my RT-PCR test result details on this post, so rest assured. Do not worry; this post is going to be about Algo Car Selling Review and nothing else.

But in the 2nd week of November, I decided to sell the car and rent another car from the airport. So, I could return the car and catch my flight before I could do everything else.

Now, given I had two weeks to sell my car, I could post ads on Sulekha, Facebook, and Craigslist. And then do the whole drill of showing the car to prospective buyers ( given that there were people interested in my car) and then wait for them to buy it. I did not want to do that. Because I knew dealerships would pay me KBB value. My car was in pretty good shape. Although selling the vehicle to a private individual might fetch another 2k. But I did not want the hassle.

So, How To Sell Your Car Fast? First, this I did was, get a Quote from Kelly Blue Book. And then finally request dealerships to contact you. But, KBB offered me the lowest possible price; as you can imagine, the dealerships were quick to reach out and then follow up occasionally. In case you do not know, KBB gives you a possible price band based on the information you provide. The lower band is applicable if you sell to dealerships and the upper band is for private parties.

Is KBB Only Option To Sell Car Fast? No, there are many more online places now to check the worth of your car: shift, WeBuyAnyCars.

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Algo Car Selling Review
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As you can see, I got an offer from all of them. And it was preliminary helpful. Because you get an idea, how much your car is worth. Now, take the highest quote and negotiate with other buyers. Like, Vroom offered me $6500, and ALGO was following up with me, so I told them that Vroom was offering me $6500, and I would go with them. Hence the Algo review, because I sold my car to them.

It was Sunday, so we set up a Facetime call for Monday morning. The person from ALGO informed me that they could match the offer. They just needed to check the car. But, notice the mistake I made; I already settled for $6500. You should not repeat the error.

Monday, we had a 10 minutes call, they checked the miles on the car, and there is no check engine light and so on. Seats and interiors, engine under the hood and the trunk, those were pretty simple checks.

They were happy with what they saw. My car was in good condition. It was a 2011 Sonata with around 56K miles on it. Anyway, After that, I had to sign few documents digitally, and the following day I sent my title to them. It was Tuesday. I could have sent that out on Monday itself. Anyway, they received it on Wednesday and processed my check. A person came to me on Thursday with the check, and he took my car. It was that simple. The person who collects the car takes pictures and stuff to show what he is receiving. And I had to approve that.

Do you need to Wash Your Car Before Selling it to ALGO? I guess no, they were not at all worried about minor scratches or miles on tires or dust, etc.

Sold Car With Algo: Do I have to Pay Tax on The Amount I received from Them?

No, I do not have to.

Algo Car Selling Review: How Soon the Whole Process Would be Completed?

We could complete it in 3 days.

Why Did I choose ALGO Over Vroom?

Vroom might reduce the amount after inspection after taking the car. I chose Algo to avoid such a situation. ALGO inspected my car first then handed me the check. And it is Algo’s review; I would suggest that you look up some posts about Vroom too.

Is ALgo Legit?

In my car selling experience, algo is legit. They even emailed me that my car found a new home. One word of caution though, if anything sounds too good to be true because it is not. If you have read this whole post about Algo car selling review, you will know I did not face any problem at all.

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About the author

Hi,
I am Abhiroop. I started working in IT services industry in the year 2007. I have worked in 3 continents. Currently, I live and work in the USA. While blogging was one of my hobbies that I picked up in college, I fell in love with the stock market in the year 2014. I purchased my first stock in 2008, and I sold them all after 2009. I did not know the power of compounding. Which was a HUGE MISTAKE. I intended to help everyone understand why we need to invest in stocks, hence I started this blog.

You can visit my LinkedIn page here https://www.linkedin.com/in/abhiroop85/

If you have any question or comment just drop a line in the comment section.

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