Selling a car is a pain. You can take the easy route and use services like Carvana, but you may wind up with thousands of dollars less than your car is worth. Or, you could hope for more by going to a dealership, but the dealer’s offer can vary wildly depending on what they’re looking for, never mind the extra time and effort on your part.
A Los Angeles-based startup called Bidbus has spent the last few years trying to combine the best of those options, making it so sellers don’t need to leave their couch to get dealership-level offers. The company has created a digital marketplace where multiple dealers can bid on a car, a process that results in an average offer that’s about $2,000 to $3,000 higher than what Carvana offers, according to Bidbus’ founders.
