What is the difference between your estimated sale price and your reserve price?
There are a few steps in getting to the final sale price for your vehicle:
Start with an instant valuation
First, Motorway will provide an instant real-world valuation based on live market data and information provided by entering your reg and mileage on the Motorway website. We call the price we present at this stage your estimated selling price, based on what we know about your car so far.
A reserve price is set
By adding more details about your vehicle's specification, service history, condition, and any damage, we will agree a reserve price with you, which is tailored to your vehicle.
Once the reserve price is set. Your car will then be shared in our daily sale, and dealers in our nationwide network will make offers for your vehicle.
Proceed with your best offer
You can choose to accept and proceed with the highest offer we receive, which becomes your final sale price.
We work hard to price vehicles as accurately as possible at every stage to ensure your final sale price hits your reserve price. In some instances, the best offer we find from our network will actually exceed your reserve price and you can proceed with this higher amount. However, your final sale price will depend on dealer demand on the day of sale.
Need more support?
Chat with us 24/7 – and if you need extra support, we can connect you to the right team during working hours