Peddle Reviews: Is It Legit? (2024) Buyer & Seller Ratings (2024)

Peddle Review

Upon thoroughly researching Peddle’s car-selling services, we scored the company 8.7 out of 10 stars, landing it in our top three. The company provides a seamless selling experience, offering free pickups and at-home inspections. Peddle gives excellent value offers if you want to sell a junk or scrap car.

Peddle Ratings

Below, we’ve broken down the components of our score for Peddle’s sell my car services:

Rating CategoryPeddle Score Out of 10.0
Industry Standing9.4
Platform8.3
Cost8.3
Support8.7
Customer Experience9.6
Overall Rating8.7

Is Peddle Legit?

Peddle is a legit company that has purchased vehicles from millions of sellers over the past decade. Along with its strong Better Business Bureau (BBB) score, Peddle earns high ratings from customers.

On Trustpilot, 92% of Peddle reviews are very good, as almost 19 out of 20 customers gave the company a review of 4.0 out of 5 stars or better. That’s a reliable track record, especially considering the fact that the company has an overall Trustpilot rating of 4.6 out of 5 stars from over 123,000 customer reviews.

Peddle BBB Reviews

Over 6,800 Peddle reviews on the BBB rate it nearly 4.7 out of 5 stars on average, with relatively few negative reviews. Peddle also has a good standing with the BBB itself, which gives it an A+ rating. In short, if you’d like to sell your car online, Peddle is a reliable option.

Is Peddle a Good Company?

In our review of Peddle, we found that it’s the best website to sell your car to if it’s starting to fail. The company provides a seamless selling experience, offering free pickups and at-home inspections. Below is a list of some Peddle pros and cons:

Pros

Has positive reviews on averageBuys cars regardless of their condition or whether they have titlesOffers free towing services from your location

Cons

Doesn’t allow negotiation with its offersIsn’t the best option for newer carsDoesn’t buy cars with outstanding loans

Does Peddle Give Good Offers?

Overall, we found that Peddle gives good offers for old cars. However, since it specializes in older vehicles, it generally won’t give you the best offers for newer cars. The automotive dealerships it works with specifically look for old cars that they can scrap or sell to junkyards.

How Does Peddle Work?

Peddle is an online platform that buys old and junk cars from consumers nationwide, whether the vehicles run or not. The privately owned company was founded in Austin, Texas, in 2011 by Tim Yarosh, who still serves as Peddle’s CEO. Over the past decade, the company has purchased more than 2 million vehicles online.

Peddle Locations

Peddle is not specific to certain states or areas, so you can use Peddle to buy and sell vehicles nationwide. No matter where you’re currently located, Peddle will be willing to work with you.

Peddle Car Selling

By making the process of selling a vehicle fast and convenient, Peddle offers one of the best online experiences among car sellers. After providing Peddle with the necessary information, you’ll get an offer in minutes and receive payment from someone who will pick up your vehicle within a few days.

How Much Does Peddle Pay for Cars?

While writing our Peddle review, we received cash offers for two vehicles. Compared to Copart, a leading competitor, Peddle offered about $70 more overall for both vehicles combined. Below are details on both companies’ offers:

2007 Toyota Camry2004 Nissan Altima
Peddle$820$400
Copart$846.55$302.79

*The 2007 Toyota Camry had 250,000 miles on it and some body damage
**The 2004 Nissan Altima had 250,000 miles on it and was in good condition

Peddle offered more overall but didn’t have the highest offer for both cars. While the company offered about $97 more for the Nissan, its offer was $26 less for the Toyota.

Does Peddle Buy Junk Cars?

You can sell vehicles to Peddle in various conditions, including cars that are missing parts. Since many buyers in the Peddle network purchase vehicles without titles, you don’t need a title to sell a car on the platform. If you sell a vehicle without a title, you’ll need to inform Peddle in advance since this could affect the car’s value and who is willing to purchase it.

Peddle Offers

To see how much you can get before deciding to sell, use the instant cash offer tool on Peddle’s website. Because the company doesn’t allow haggling or negotiation, offers from Peddle are firm. Once you’ve accepted an offer from the company, it’s valid for seven days and Peddle will send a tow truck to your location to move forward with the sale.

How Does Peddle Pay You?

After picking the vehicle up from the seller’s home for free, Peddle pays customers via check or cash on the spot. It’s a seamless process that should only take a few minutes. When you sell a car to Peddle, you’ll receive payment after the driver has inspected the vehicle, closed the deal and been given the title and keys.

Because drivers prefer to avoid carrying large amounts of cash for safety reasons, the form of payment you’ll likely receive when selling a car to Peddle is a check. It’s possible that you could receive a cash payment from Peddle, though this practice is less common.

Does Peddle Pay What It Offers?

Peddle pays the exact amount that it offers, as long as the information provided about your vehicle is accurate. To ensure that the offer you receive is accurate, take good photos and describe your vehicle’s information in full detail. If the money you’re given doesn’t match up to the agreed-upon amount, contact a Peddle representative immediately.

Peddle Car Buying

After purchasing vehicles from customers, Peddle then sells the junk or used cars to its partners. As such, Peddle acts as an intermediary between sellers and a vast network of dealerships and salvage yards. We’ll outline the steps and requirements below for those who are interested in partnering with Peddle to purchase vehicles.

How To Buy Cars From Peddle

The first step in buying a car from Peddle is creating an account on the Peddle website to become a partner. You’ll need proper certification showing that you’re an authorized dealer or scrapyard in order to buy from Peddle.

Becoming a Peddle partner will give you access to tools that help you locate the best vehicle for your needs. Using the tool to find low-priced used or junk vehicles is straightforward. To find a vehicle, all you must do is specify what you’re looking for based on the following factors:

  • Make and model
  • Trim level
  • Mileage
  • Engine condition
  • Transmission condition
  • Tire condition

After specifying the type of vehicle you want, Peddle will automatically place bids for you based on price preference or weight. After a purchase is made, you can set a location and pickup time that’s convenient for your schedule and that of the seller.

A good thing mentioned in Peddle reviews is that you’ll only pay for what you pick up. When meeting with the seller, it’s your responsibility to inspect the vehicle. If anything expected is missing, you aren’t obligated to continue with the purchase.

Selling a Car to Peddle in Six Steps

The selling process with Peddle involves these six steps:

  1. Fill out the questionnaire
  2. Accept the offer
  3. Schedule the pickup
  4. Prepare for the sale
  5. Sell the car
  6. Wrap up the sale

Below, we’ll look at each of these steps in greater detail.

1. Fill Out the Questionnaire

The first step in selling your car to Peddle is getting an offer. You’ll need to answer questions about your vehicle, its ownership and its current condition to do this. Here are the questions that Peddle will ask you:

  • Tell us a little about your car (year, make, model and trim, or autofill with VIN)
  • Where will we pick up your car? (ZIP code)
  • Do you own the car?
  • Does your car have a clean title?
  • Are all of the wheels and tires inflated and on your car?
  • Is the car’s battery working, and do you have a working key or fob?
  • Can you start and drive your car?
  • What’s the mileage on your car?
  • Does your car have exterior damage?
  • Are the doors, bumpers and other exterior parts and panels attached?
  • Are any mirrors, glass or lights damaged or missing?
  • Does the interior of your car have missing parts or major damage?
  • Has your car ever been in a flood or fire?

All of this information helps Peddle determine the value of your car, so it’s important to answer these questions truthfully. Peddle can change its valuation if it sends someone to pick up your car and the vehicle’s condition is worse than you described.

Our team found that Peddle’s online form is pretty fun and hassle-free. Instead of giving you boring yes or no choices, it has some personality. For example, when asked if our car had flood or fire damage, we selected the answer, “No, thank goodness.” Answering a dozen questions about your car feels more varied with Peddle.

Peddle Reviews: Is It Legit? (2024) Buyer & Seller Ratings (6)

Peddle gives good offers overall for older cars, and its online offer process is easy and not too tedious. Photo: Lucky Photographer – stock.adobe.com

2. Accept the Offer

If you like Peddle’s offer for your car, the next step is to accept it and create an account on the website. You’ll need your vehicle identification number (VIN) if you haven’t entered it yet. You’ll also add your full address and phone number, plus the following information:

  • Your car’s color
  • The state where the vehicle title was issued
  • The owner’s name, according to the title
  • Whether you can sign and notarize the title (if required)
  • Whether there are liens on the vehicle

You could still be denied at this point. This might happen if you owe money on the car or are trying to sell a leased vehicle, which Peddle needs help to purchase. Peddle can only buy the car if you sell it for someone else if that person signs the title before the sale.

If you’re selling a car owned by someone who died, you should get documentation from your state’s department of motor vehicles. Peddle’s customer service representatives can help in situations like these.

3. Schedule the Pickup

You’ve now answered the questionnaire and provided more information about the sale, so the next step is to schedule your pickup. Peddle works with a network of car buyers nationwide, so you’ll get a call from one of these companies soon after completing your profile information. According to Peddle, customers get a call within one or two business days on average.

Depending on your ZIP code, someone could pick the car up in as little as one day. You can see an estimate of the fastest pickup time for your location when answering the main questionnaire. How long it takes for your car to get picked up hinges on the tow truck company’s schedule.

4. Prepare for the Sale

Now’s the time to get everything buttoned up for the sale. For example, if your state requires you to notarize a signature on the title, you must do that before the towing company arrives.

Here are some more steps you should follow before pickup:

  • Remove your personal belongings
  • Collect all keys for the vehicle
  • Locate your car’s title

One “don’t” to add to this list: don’t sell your car’s stereo, catalytic converter or other components after scheduling a pickup. If you want to do this, it must be done before you get a cash offer from Peddle so the company knows which parts are missing.

5. Sell Your Car

The day has arrived for you to finally junk your car. Peddle recommends parking on an accessible part of your street if possible. Also, have a screwdriver ready to take your license plates off.

A Peddle tow truck driver will inspect your vehicle to make sure that it matches the description from the cash offer process. If everything looks good, you’ll get a check for the offer amount on the spot. Some drivers may pay in cash, though it’s far less common.

Your responsibility is to hand over the keys and the signed title. You must sign the seller portion, and the purchasing entity will complete the rest. If you can’t be present on the day of pickup, you can have a friend or relative meet the driver as long as they have your signed title. Let the towing company know this ahead of time, however.

Peddle Reviews: Is It Legit? (2024) Buyer & Seller Ratings (7)

Once you’ve prepared the car for sale and it’s been inspected, now all you have to do is hand over the signed title and keys to the driver and they’ll either give you a check or pay with cash.

6. Wrap Up the Sale

Peddle doesn’t take care of your paperwork with the DMV. If your state requires a specific document to be filed after you sell a car, like a bill of sale, you’ll have to do that.

We recommend checking your state DMV’s policies on car sales before the transaction so you remember everything. Peddle has a title and documentation guide by state for this reason.

Peddle is a reliable site to sell a car to if it’s far past its prime. You can get a check in hand in just a few days, depending on your location and the availability of tow truck drivers. The process is easy, but it’s up to you to decide whether Peddle’s services meet your requirements.

Sites Like Peddle That We Recommend

Besides Peddle, our top picks for selling a car include Cars.com and Copart. If these choices don’t fit your needs either, it may be worth considering Carvana and CarMax as well.

Cars.com: Editor’s Choice

Cars.com is our top pick for selling a car that’s not quite a junker. The site buys cars from 2000 and later, depending on the vehicle’s condition. You can get an instant cash offer in just a few minutes by providing your license plate, VIN and trim, or alternatively your make, model, year and trim. If you decide to sell your vehicle privately, you can list it on the Cars.com online marketplace for free.

Read more: Cars.com reviews

Copart: Quick Payments

If you expected a better offer for your old car from Peddle, we’d recommend checking out Copart. The process is similar when uploading information about your vehicle and receiving an instant quote. Copart also offers free pickup and sends a check for the offer amount with your driver.

Peddle.com: FAQ

Below are some frequently asked questions about Peddle.com and how to buy or sell a car using the platform:

According to Peddle reviews, it’s a legitimate car-buying company that has purchased more than 2 million vehicles from consumers. The company has an A+ rating, accreditation from the BBB and a 4.6-star rating on Trustpilot from more than 123,000 reviews.

You can get a free, no-obligation cash offer from Peddle that’s good for seven days. Once you enter your email address into the system, you can leave the website and return at any point since Peddle saves your information beyond its seven-day window. After seven days, you’ll likely need to redo the offer form to get a new price.

There are a few different things that Peddle does with the cars that it buys. For one, Peddle may sell the car back to a scrapyard. This usually happens when the vehicle isn’t in good condition and Peddle doubts that it will be able to sell the car to a buyer. Peddle also sells certain models to car dealers who will then resell the vehicles again.

You can cash your Peddle check at the bank where the check is from. We recommend immediately going to the bank and cashing the check instead of waiting for a later time.

A check from Peddle rarely bounces since the company isn’t a scam, but if it does, you should contact the Peddle support team right away. Call the company at 877-586-5692 and explain the situation as soon as possible.

No, Peddle doesn’t charge a fee to give you an offer or sell your car to the company. It includes free towing services to pick up the vehicle from your location. The original offer may change if the in-person inspection reveals that your car is in a different condition than you described.

If you sell your car to Peddle, you’ll get an email receipt from the company in a few business days. You can use this email as proof of sale for any documentation you must file with your state’s DMV.

You can contact a Peddle customer service representative at 877-586-5692 if you want to sell a vehicle to the company. If you’re a car buyer who has an account with the organization, call 855-973-1516 instead.

Auto Sales Reviews: Our Ratings Methodology

Because consumers rely on us to provide objective and accurate information, we created a comprehensive rating system to formulate our rankings of the best platforms to sell your car. We collected data on several providers to grade each company in five key areas. The end result was an overall rating for each provider, with the car selling platforms that scored the most points topping the list.

Here are the factors our ratings take into account:

  • Industry standing: Our research team considers ratings from industry experts and years in business when determining this score.
  • Platform: Platforms that offer a variety of features, including instant offers and multiple sales options, are more likely to meet consumers’ needs.
  • Cost: To compare providers’ average offer prices, our team conducted a secret shopper analysis for a variety of vehicle types. We also considered the fees companies charge to use their platforms.
  • Support: Car selling companies that offer strong transaction support received the highest scores in this category. This includes offerings like free pickup service as well as how quickly you receive your payment.
  • Customer experience: This score is based on customer satisfaction ratings on the Better Business Bureau (BBB) and Trustpilot as well as our team’s experience reaching out to each platform.

*Data accurate at time of publication

If you have feedback or questions about this article, please email the MarketWatch Guides team ateditors@marketwatchguides.com.

Peddle Reviews: Is It Legit? (2024) Buyer & Seller Ratings (12)

Daniel RobinsonWriter

Daniel is a MarketWatch Guides team writer and has written for numerous automotive news sites and marketing firms across the U.S., U.K., and Australia, specializing in auto finance and car care topics. Daniel is a MarketWatch Guides team authority on auto insurance, loans, warranty options, auto services and more.

Peddle Reviews: Is It Legit? (2024) Buyer & Seller Ratings (13)

Rashawn MitchnerManaging Editor

Rashawn Mitchner is a MarketWatch Guides team editor with over 10 years of experience covering personal finance and insurance topics.

Peddle Reviews: Is It Legit? (2024) Buyer & Seller Ratings (2024)
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