Customers can now sell their cars directly to resale platform Carzam as used-car prices skyrocket

Online vehicle resale platform Carzam will soon allow customers to sell their cars to it directly through its website.

Carzam, which currently only allows shoppers to purchase used cars and part exchange their own, has announced plans to begin buying customers’ cars directly.

Sellers will be able to get an instant valuation on their vehicle and, when a value is agreed, sell it to the retailer whether they plan to purchase a car with the platform or not.

They can then choose to drop the car off themselves or organise collection.

Carzam’s bold move comes amid a massive increase in the price of second-hand cars over the past few months, rising two per cent in April and a whopping 6.5 per cent in May according to data from Cap HPI.

READ MORE: Deadstock resale platform Otrium eyes $1bn valuation

This has seen the price of many vehicles skyrocket thousands of pounds, which according to Carzam’s chief executive Kirk O’Callaghan makes this a “great time to sell”.

“The Carzam car buying service will offer consumers a quick and easy to use service which will value their car, get it collected and, importantly, get the customer paid in rapid time,” he added.

“This is just a further step in the journey for Carzam. We were already accepting part exchanges from our thousands of happy used car buyers so thought it only made sense to extend the service to buy more used cars and make the process as friction free as our retail offering.”

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