We Buy Cars Too

October 15th, 2019 by

We Buy Cars Too!

Sell Us Your Car Even If You Don’t Buy From Us.

Transcript:

Speaker 1:
We’re starting this one.

Ty Bullard:
Okay.

Speaker 1:
And… we’re going live.

Ty Bullard:
We’re live? We’re live now. We’re Live with Ty. That’s what they said they’d want to name this. I’m not sure I’m comfortable with that, but welcome anybody that’s watching or that will be watching. I’m Ty Bullard with Joe Bullard Automotive, and we are coming to you live today. We picked lunchtime because we figured that maybe you’re taking a break. Maybe you’re on lunch. Maybe you’re in your car. Maybe you’re at your desk but not necessarily on the clock. So we tried to think through a good time that maybe we could bring you some relevant information. That may be something you never thought about or something that you maybe didn’t realize that could be beneficial and add value to you in your life. So, here we are.

Ty Bullard:
One thing we wanted to talk about, or I wanted to kind of talk about today that I this is kind of a little bit unknown in our business, and a little bit unknown to the consumer is this fact that we buy cars. You know people look at a car dealership, a new car dealership, and they think well you got to go buy a car from them for them to want to buy your car. You got to trade in your car, and that’s the only reason they would ever be interested. I don’t even know if you’re interested in trade-ins. I get people that call me all the time that say, “Will you buy my trade, will you buy my car?” “Can I trade this car?” The answer to that question is yes. We can trade just about anything.

Ty Bullard:
Now we have traded in the past. We have traded boats. We have traded motorcycles. We have traded four-wheelers. We have traded Rangers, for personal use. I’m just joking! I’ll never forget we traded a 1987 Cedar Point Special Stauter boat that I still actually have today. We bought it from the company. Boat and the guy traded it in for a Jaguar. Obviously he paid a little more money, but he traded the boat. So we’ll look at potentially trading anything.

Ty Bullard:
But one thing I wanted to talk about was if you have a car right now, and you are looking for someone to buy it, like people used to do on classified ads. I’m sure you could post your vehicle on Facebook. You can post it on Craigslist. You can post it in these places. If that’s something that you’re looking to do we would love to buy your car. You don’t have to buy another car from us. Because we’re in the used car business. We’re in the pre-owned business. It’s one way to source our inventory. We buy inventories from off-lease auctions. We buy inventories from the manufacturer. Whether it’s a corporate car, demos, those kinds of things that their corporate people owned. We acquire cars through our trade-ins.

Ty Bullard:
One thing we’re trying to increase awareness of, and by this we’re trying to educate everybody, is we buy cars from private individuals. Forty million used cars sold every year. Forty million. There are about 17 million new cars sold a year. There are forty million used cars sold a year. I think 60% of those are done individual to individual. So 60% of that forty million are sold individual to individual. Because I think a lot of times they don’t realize that the dealership can buy their car unless they’re buying something else. So I just want to make sure I debunk that myth. We would be glad to look at your vehicle. If you have an extra vehicle if you have just a vehicle that you’re downsizing, or you have a vehicle that you want us to buy and you want to go buy some other vehicle somewhere else. We would love to put a value on it and let you know that. There are no strings attached to that. We have staff members that can do that anytime throughout the day. Especially on lunch, or whenever it may be convenient. Just call us, email us, text us the information and we can certainly get you value.

Ty Bullard:
The only benefit, some people would say by hearing that, “Yeah Ty, I hear you. Yeah let me come sell you my car, but you’re not going to give me as much money as the private individual, or as this place.” Could be the case totally. I understand. That certainly could be the case. One thing we do offer is that you’re done with it. You wipe your hands clean of it. Once you sell it to us there’s no… you got to live with it, you got to in 30 days if the car has a transmission problem and you got a private individual, and they call you and you got to deal with all that. Day one you eliminate that. Your strings are cut from that car as soon as you sell it to us. We take all responsibility and liability from it.

Ty Bullard:
Secondly is we pay you quickly. We’ll give you a check on the spot. So we can pay you a check on the spot and there’s no creative financing, there’s no down payment, let me go get my check from my bank. Stuff that people have to do when they’re buying a car. We eliminate that.

Ty Bullard:
Sometimes thirdly, is a lot of times we will be almost if not the same amount of money that a private individual would give you for a car.

Ty Bullard:
Used car values are really at an all-time high. There’s a lot of reasons to that that I won’t spend on this video going through. There are a lot of reasons that are driving that used car market up. First off, competition is a big one. The prices are going up. So what’s happening is the wholesale market is really getting closer towards the private party market. The Books, the KBB’s the NADA’s, the Black Books, they look at cars in wholesale values, private party values, and retail values. Private party is obviously from you know, Mr. Smith to Mrs. Jones. They have a transaction, that’s a private party. Individual to individual. Wholesale is when the individual sells to a dealership like us. That would be a wholesale transaction. At the end of the day, a wholesale value. So what I’m seeing is those wholesale values are really getting close. They may have been here. I don’t even know where the camera is, this hand could not even be on the camera sorry! Anyways, here they could be, but they’re really condensing. It’s really compressing and they’re getting closer.

Ty Bullard:
I think sometimes we have this stigma like, “Well I don’t give it to them because I’m not going to get as much money.” It could be very true. In your case, in your specific case, it could be true. But I think it doesn’t cost you anything. I think it’s worth a few minutes to at least test that theory. To say “Hey I think I can get twenty thousand dollars in the private-party market, but I think the dealership would only give me seventeen.” Well, we may be able to give you $18,500 and all of a sudden that convenience becomes more important, and that check on the first day, and then no strings attached. You’re done with it. There can be a lot of value in there that can make up that small difference at that point.

Ty Bullard:
I hope that makes sense. I could be totally not explaining that right. But I do think at the end of the day the message today was that we are buying cars everyday. We get the stigma obviously we’re hopefully selling cars everyday. That’s the goal. Obviously we want to sell cars. We want to retail cars. But at the end of the day, we got to increase our supply, so we wanted to come to y’all. We’re in this community, there’s a lot of cars that are gonna change hands, and we would love an opportunity to just buy your car. Regardless if you buy one from us, or whatever the case may be. We would love to at least give you a value for what your car is. We can explain it to you. We’ve got a form that explains it to you. The least thing we can be is at least a resource for you. It doesn’t; cost you. It’s a free resource. I just ask you to take advantage of it. I think it’s certainly something that you ought to take advantage of.

Ty Bullard:
We’re working on a website to make this super easy. To where you can just input your information and we can get you a value quick. We’re in the works there, we’re not there quite yet, but we’re working on it. So hang tight. Stay tuned. We’ll update you on one of these videos soon to hopefully be able to say, “Hey, if you want to do this, this is a way to make it super easy for you.”

Ty Bullard:
In the meantime reach out to us. We’ll have some information on this video. We’ll somehow figure out how to get some information on this video to where you can get the information to us. Whether its through email, text, or call. Sometimes it’s kind of hard to call when you’re in the middle of work, so texting and email can sometimes be easier. So we’ll get you some information on that.

Ty Bullard:
You’ll see signs all over dealerships that say, “We buy cars, we buy cars.” That’s what it really means. So if we can help you we’d love to. I hope that maybe gave a little bit of insight into something you didn’t realize we’re really wanting to do or trying to do in our business. That we’ve, I think, in my opinion, we’ve done a poor job of explaining it. Because we haven’t explained it. We do a great job of telling people how we sell cars, but we have not done a great job of telling people how we buy cars.

Ty Bullard:
At the end of the day, I hope you’re having a good week. I don’t know if there’s anything else. Do we have any questions or anything? I don’t know if there’s a question, you know, because I know we’re live. I didn’t know if anyone had a question in the comments. I don’t know, there could be zero people watching. If there is, great. At the end of the day if there are any questions, be glad to answer. Shoot your questions into us. If you do have a question about this I know there’s a comments section on this. Haley, I’m looking at Haley but I’m looking at- Anyways! Shoot your question into us. I’d be glad to answer any questions. You can call me. You can email me. Text me. I’d be glad to answer any questions and help any way I can. There you go, that’s our first little Live with Ty. I know it was probably thrilling, but at the end of the day, we’re just here to educate people and share some stories on the way. We’ll certainly be in touch soon. Thanks so much.

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