Peddle Review 2024: Sell Your Car
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Our take
The bottom line: Best for people who don't need to use their vehicle as a trade-in for another car, or who want to sell an old, damaged or untitled vehicle.
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Key facts
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Pros and cons
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How does Peddle work?
Peddle buys vehicles directly from people. Peddle offers consumers a price online and picks up their vehicles at no cost. Peddle is different from some places where you sell your car online — trading in a vehicle isn't an option. It also differs from most other buyers in that it specializes in buying old, damaged and non-working cars.
Peddle began in 2004 as Junk My Car. It rebranded as Peddle in 2011 and now buys cars in all 50 states. Peddle buys personal cars and pickups only. It doesn't buy motorcycles, ATVs or light commercial vehicles.
Sellers provide information about their vehicle online, and Peddle makes a purchase offer that is good for seven days. Peddle picks up the vehicle from the seller’s home at no charge and pays with cash or a check on the spot.
Selling a car to Peddle
To sell your vehicle to Peddle, you’ll need to enter the year, make, model, trim and mileage, and whether you have a title and what kind (clean, salvage or rebuilt). Peddle doesn't ask for your name or contact information until you have accepted a purchase offer.
You will also answer questions about the vehicle’s condition and damage history: Do you have keys and does it start and drive? Are there loose or missing parts, or damage that is baseball-size or larger? Peddle says it buys “even the junkiest of junkers.”
Peddle says it will email an offer within minutes.
The offer is good for seven days. In rare cases, Peddle may change the offer amount before you have accepted it. This happens when the availability of Peddle’s buyers or their bids in your area have changed.
If you accept the offer, Peddle will arrange a time to pick up the vehicle. Peddle contracts with professional tow-truck drivers in all 50 states. Depending on the value of the vehicle, Peddle may ask you to upload photographs of the vehicle and title before it's picked up. Otherwise, the tow-truck operator will conduct an inspection to make sure it matches the description you provided online. If the condition doesn't match, Peddle may calculate a new offer amount.
The operator will hand you a check or cash before towing the vehicle away. You don't need to clean the car. And don't sign the title until you are ready to hand it over. Anyone else named on the title as a co-owner will need to be present to sign. (Peddle doesn't buy vehicles that are under loan or lease.)
Make sure the vehicle is parked in a place that can be accessed by a tow truck. Leave the keys and remove the license plates. You can cancel any insurance on the vehicle. Once the title is signed over, the car is Peddle’s responsibility.
Peddle may be a good fit for those who:
Want to sell a scrap car. Peddle regularly sells to salvage yards that buy junk cars for parts.
Want to sell a salvage or untitled vehicle, which can be difficult to sell to other buyers.
Live in a state that isn't serviced by other online car buyers, such as Alaska or Hawaii.
Key details about Peddle
Can you negotiate with Peddle?
No. Peddle doesn't negotiate its purchase offers.
Will Peddle buy my car if I owe on it?
No. Peddle doesn't buy cars with active loans.
Does Peddle buy leased vehicles?
No. Peddle doesn't buy leased vehicles.
Does Peddle buy salvage vehicles?
Yes. Peddle resells cars it buys to scrap yards and salvage auctions as well as to dealers.
Where does Peddle buy cars?
Peddle buys vehicles in every state. Peddle contracts with tow-truck companies in all 50 states.
Can I drop off my car instead of having it picked up at my home or office?
Peddle doesn't have any physical lots. The company will send a carrier to pick up the vehicle at the location of your choice at no cost to you
What if someone else’s name is on the title?
Peddle will walk you through the process of selling a vehicle that has a lost title, has someone else’s name on the title or belongs to someone who is deceased.
To review Peddle, NerdWallet sent a questionnaire with dozens of data points and followed up with company representatives. The information was compared with other auto buyers that offer a similar service.
