Is Vroom Legitimate? (The Answer Is Yes)
Did you know that as of 2020 Vroom had 947,014 visitors to their website each month looking to buy and sell cars online? Vroom car sales also contributed to over $1 billion dollars of revenue in 2019.
With those impressive statistics, it’s no wonder eyes are being drawn to their website and Vroom stock alike. But is it legitimate? How does it work?
This brief guide will explain how purchasing and selling a car on Vroom works. It will also go over the benefits of the popular site and why so many people have been drawn to this innovative, growing company.
Buying Cars on Vroom
Vroom offers thousands of cars to choose from. Their site offers search filters for make, model, body type, mileage, price range, and other specifics.
The car prices on Vroom are set and non-negotiable. However, the prices are highly competitive and are often as low as possible anyway when compared to traditional dealerships.
Once you find the vehicle you’re looking for you will place an order. There is a $500 refundable deposit fee required to complete the order. After the contract is approved Vroom will send you a confirmation with a delivery estimate. Getting tinted windows can help with the temperature inside your car
Vroom reviews often praise their financing plans. They have many financing partners to choose from. You can also choose your own outside financing, but it will require separate paperwork.
Vroom doesn’t have any minimum credit score requirements. However, you must have a minimum annual income of at least $21,600 for qualification.
Vroom’s limited warranty policy is free and is good for up to up to 90 days or 6,000 miles. This standard warranty also includes one year of roadside assistance.
They also offer additional coverage like the Vroom Protect Plan. This plan includes mechanical coverage with options lasting up to 10 years or 100,000 miles.
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Delivery and Returns
Vroom charges $699 for delivery anywhere in the continental United States. Buyers have 7 days or 250 miles to decide if the car is a good fit. You can also have your car delivered in a covered trailer for an additional fee.
If you decide to return the vehicle Vroom will pick it up for free. Although, the original delivery fee of $699 is non-refundable.
Selling and Trading in Your Car to Vroom
You will need to complete an online appraisal form in order to sell or trade your vehicle to Vroom. The form includes mileage, special features, and VIN or license plate number.
Vroom will then send you an offer that expires after 2 days or 250 miles. There are no counteroffer options. You either accept or decline.
If you choose to accept their offer Vroom sends paperwork to transfer the title. Vroom will then schedule a free inspection and pickup of your car. Payments are received once deliveries are completed.
Ready to Give Vroom a Try?
Now you know that Vroom is in fact legitimate. Buying, selling, and trading your vehicle through their website is easy. Their prices are great, delivery is seamless, and they offer good financing and warranty options.
Now all that’s left to do is browse their site for your next car! If you enjoyed this article please check out our site for more helpful information and tips.