Friendship Ford Wants To Buy Your Vehicle

Because of the chip shortage Friendship Ford needs used vehicle inventory.

Up to $5K over KBB retail for your vehicle

The cause of inventory issues and price spikes for vehicles begins with the pandemic. Last year, auto factories shut down for at least two months and outbreaks impacted the ability to build new cars. But the other major cause is a global shortage of computer chips. Work from home demand for laptops and monitors led semiconductor makers to shift from making chips for vehicles to personal electronics. When economies opened up faster than expected, with it came a demand for buying. Auto plants have been trying to get back to full-scale production but chip makers are not reacting quickly enough. NBC News reports that consumers could see 1.2 million fewer new cars built this year. That means everyone is turning to used cars to fulfill buying demand. “For a lot of people, that does mean big purchases. A lot of people are moving or traveling – or they’re buying cars,” said Voss. “We are seeing a severe lack of inventory in the used car market. Dealers can’t stock their lots fast enough. The consumer demand is huge.”

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Frequently Asked Questions

1. What do I need to sell my car?

Make sure you bring your car’s title and payoff information, as well as its valid registration, and any keys or remotes. In addition, you’ll need to make sure that all titleholders are present, and that they each bring valid state-issued IDs.

2. Do I have to schedule an appointment?

We get it. You’re busy! Don’t worry about scheduling an appointment, just visit any of our Friendship Drop-off Centers whenever it is most convenient for you…as long as its during business hours, of course!

3. How does Friendship determine my car’s value?

We encourage you to appraise your own vehicle using Kelly Blue Book prior to visiting us in store. It is likely that our offer will be a result of our findings there. Kelly Blue Book is a trusted online source for reporting market value prices for both new and used automobiles. It provides a fair purchase price, based on actual transactions of a similar nature, and regularly adjusts depending on market conditions.

4. Can I give you a counter offer?

No, our offers are no-haggle and non-negotiable. After we make you a written offer, it’s a done deal.

5. Does my car need to be clean?

We will buy any car, however, your appraisal offer will be higher or lower depending on the physical state of your vehicle.

6. How long do I have to accept or deny your offer?

To ensure that you are making the right decision, our offers are good for 7 days. We encourage you to take your time, and to really make sure you’re ready to say goodbye to your vehicle. However, if more than 7 days have passed and you decide you would still like to sell us your car, we will need to appraise the vehicle again.

7. What if I still owe money on the car I’m trying to sell?

If you owe more money on the car than the amount of our appraisal offer, there are a few options we can explore to try and bring the sale to a close.

8. What if there is a lien on my car?

In order to resolve this issue, we will ask the lien holder for a 15-day pay-off. We will need you to provide us with the lien holder’s name, contact information, and social security number. If there has ever been a lien placed on the vehicle at any time, it is important that we know about it. We will need the lien holder to provide both the title and the lien release to us before we can buy your car from you.

9. Will you purchase a leased car?

Yes! After our appraisal, we will contact the leasing company for you and help process any equity that may result from the transaction. However, keep in mind that some leasing companies do not allow leases to be sold before the lease expires, and that selling a leased car may make you ineligible for trade-in tax savings. Your leasing agent will be able to provide more insight on these circumstances!

10. My question isn’t listed here. How can I learn more?

Feel free to give us a call, or stop in for a visit during business hours!

Drop by today and let us prove to you why we are a different kind of dealership. From all of us at Friendship Ford of Bristol in Bristol, TN, we look forward to serving you and calling you our friend very soon! Contact us today!