GivemetheVIN Review 2023: Sell Your Car
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The bottom line: Best for people who do not need to use their vehicle as a trade-in for another car, want to negotiate price, or who have an unusual or damaged vehicle.
Pros & Cons
How does GivemetheVIN work?
GivemetheVIN, or GMTV, buys vehicles directly from individuals for resale on the wholesale marketplace and is one of a growing number of options to sell your car online.
GMTV negotiates a price online or over the phone and picks up the vehicle at no cost. GMTV differs from some online buyers in that it does not also sell cars directly to consumers, so trading in a vehicle is not an option.
Through its longstanding partnerships with a variety of wholesalers, GMTV is able to resell both newer and older, damaged or salvaged vehicles, as well as recreational vehicles, commercial vehicles and heavy equipment. The average amount it pays for vehicles is $33,000.
GMTV will negotiate on a sales price, but each final offer is good for just 24 hours. The only fee is one for $250 if a seller backs out after signing a sales contract. The entire process — from when a seller enters car information online to when they cash a check — could be completed in as little as two days.
Selling a car to GivemetheVIN
To sell your vehicle to GivemetheVIN, you’ll need to enter your car's 17-digit VIN or license plate number online along with the mileage, vehicle options and any loan information. You'll also provide your ZIP code and email address, and fill out a brief vehicle condition questionnaire.
GMTV will email an offer range within minutes. If you’re still interested, a buyer will call for more details about the car’s condition. The buyer can also walk you through what you’ll need to do if there are other names on the title or if the vehicle’s owner is deceased.
You’ll be asked to upload photos of the exterior and interior of the car, as well as under the hood, and to provide photos and descriptions of any damage. You’ll need to take a picture of the 17-digit VIN and the odometer. The buyer will then get back to you, GMTV says usually within a couple of hours, with an exact offer, although nontraditional vehicles may take longer to evaluate. This offer is negotiable but is only good for 24 hours.
Once you agree on a price, GMTV will send a sales contract to sign, either online using Docusign or by FedExing a paper contract. Then GMTV will arrange to pick up the vehicle within 10 days, possibly as early as the next day. You can choose to drop it off yourself at a GMTV office or a Manheim auction lot.
You will receive a check on the spot. You do not need to clean the car. And do not sign the title until you are ready to hand it over with the car keys.
GivemetheVIN may be a good fit for those who:
Want to sell something other than a car or truck. GMTV has bought motorcycles, RVs, ATVs, food trucks, old ambulances, buses and even a backhoe.
Are trying to sell a damaged or older car or salvage title. As long as it is drivable and worth at least $1,000, GMTV says it is interested. The vehicle’s condition, along with any reconditioning it needs, must be disclosed in both the written description and with photos. GMTV will buy salvage titles. typically at half the value of a non-salvaged vehicle.
Want the option of being able to negotiate the sales price. GMTV offers a price range based on preliminary information that sellers provide online. After a buyer reviews photos and talks with the seller, GMTV negotiates a price offer that is good for 24 hours.
GivemetheVIN details and FAQs
Can you negotiate with GivemetheVIN?
Yes, offers are negotiable “on a case-by-case basis.”
Will GivemetheVIN buy my car if I owe on it?
Yes. You’ll need to provide loan information so GivemetheVIN can pay off the lender. If you owe more than the amount of your offer, you will need to cover any shortage. GivemetheVIN accepts electronic payment (ACH), wire transfers and money orders; it will also accept a cashier’s check or a personal check. You make the additional payment to GMTV, and GMTV pays off the lender.
Does GivemetheVIN buy leased vehicles?
Yes, as long as the manufacturer is allowing third-party sales. Many do not. If the manufacturer does not allow third-party sales, you’ll have to buy out the lease first.
Where does GivemetheVIN buy cars?
GMTV buys vehicles in every state except Alaska and Hawaii. It contracts with transport companies to offer pickups throughout the lower 48 states.
Can I drop off my car instead of having it picked up at my home or office?
Yes. Depending on your location, you may opt to drop off your vehicle at a GMTV office or a Manheim auction lot. GMTV has office locations in 14 states: Arkansas, California, Colorado, Florida, Louisiana, Maryland, Michigan, Nevada, North Carolina, Oklahoma, Pennsylvania, Tennessee, Texas and Virginia. Check online for the company’s most up-to-date office locations. Manheim is a wholesale marketplace with locations in 35 states.
What if someone else’s name is on the title?
GMTV 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 GivemetheVIN, NerdWallet sent GMTV 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.