Offerup vs PrivateAuto
The two platforms share some similarities and also have significant differences. If you’re about to buy or sell a car, let’s explore which is the better option.
Here’s the good news: you don’t have to pick just one. You can start a deal on OfferUp and complete it on PrivateAuto. We’ll explain how.
But first, a side-by-side comparison of the two platforms across all aspects that matter.
What is OfferUp?
The process is similar to other classifieds sites such as KSL and Craigslist. Sellers upload pictures of their cars, add descriptions, and set a price. Buyers browse through these listings and call or chat with sellers.
What is PrivateAuto?
The platform offers identity and fund verification for buyers and sellers. Users can negotiate prices, schedule test drives, and complete paperwork digitally, including e-signing of documents.
PrivateAuto offers unique features that set it above other platforms. See how PrivateAuto holds up against its competitors.
Category | PrivateAuto | OfferUp |
Payment | Instant, fee-free fund transfers up to $1M | Parties must navigate payment outside the platform |
Security | Fraud prevention with identity and verified funds; encrypted funds transfer | Lack of fund verification; identity verification is available |
User and offer management | In-app messaging; offer management (accept/reject/counter); detailed vehicle history reports | Simple process for listing items; in-app messaging |
Scheduling test drives | Easy in-app test drive scheduling | No scheduling features |
Deal signing | E-signing bill of sale | Physical paperwork has to be arranged |
Fees | Flat seller fee ($99 to pay upon listing or $150 to pay when the car sells); free for buyer | Free to list and buy items, no fees or commission charged |
Market reach | Smaller user base, but growing rapidly due to superior user experience | Large user base with many vehicles for sale and many potential buyers |
OfferUp Review
Here are some specific areas where OfferUp falls short (as do similar sites)
OfferUp for Sellers
The platform’s lack of transactionality results in some points of friction:
OfferUp for Buyers
OfferUp mixes dealer inventory with private-party cars for sale. As we all know, you often get a better deal when you go directly to the seller and cut out the middleman (this is one of the core reasons PrivateAuto exists). Because there’s no easy way to distinguish dealer vehicles from private party ones, buyers are left to click through listings in search of private sellers. The least OfferUp could do would be a filter for private-party vs dealer offerings, but they don’t even do that much.
Beyond the issue of dealership cars diluting out private sellers, OfferUp lacks transactional features that lubricate the private sale:
OfferUp Pros
OfferUp Cons
PrivateAuto Review
Sellers pay a listing fee. They can choose between paying $99 at the time of listing or $150 when they sell their car. If they choose the latter, they only pay if the car sells. There are no fees for buyers.
PrivateAuto empowers peer-to-peer car transactions with the following:
PrivateAuto for Sellers
PrivateAuto for Buyers
You get your car and the seller gets paid. It all happens quickly, in one session, with an intuitive step-by-step guided process that reassures each of you at every step along the way.
Pros
Cons
PrivateAuto vs OfferUp: Getting to the Deal
That’s OK. You can still use OfferUp to find your buyer (or to find a car for sale) and then use PrivateAuto to close the deal. Best of both worlds, and we’ll show you how it’s done. But first, let’s compare the two platforms for functionality.
Verified Funds
Messaging
OfferUp includes a seller's phone number with their listing and lacks the privacy and scheduling features that PrivateAuto offers.
Offer Management
OfferUp does not have similar negotiation technology. Buyers and sellers must message one another, which adds friction to the process and takes longer.
Scheduling
With OfferUp, all you have is unstructured communication and a lot of back and forth.
Signing
OfferUp lacks electronic docu-signing and the trust that is built between buyer and seller when both have signed a legally binding document and each counterparty’s signature is confirmed to the other party.
OfferUp vs PrivateAuto: Payment Features
Everything happens securely, with no need to exchange sensitive financial information. This provides much-needed speed and protection compared to traditional methods.
OfferUp lacks any payment functionality, so buyer and seller are left to navigate clunky payment options on their own.
Which Platform is Best?
We don't dislike OfferUp and other "meetingplaces"; we understand that you might benefit from their widespread adoption and large reach.
That’s why DealNow was created: you can start a deal on OfferUp or some other site, then move it to DealNow to fast-track the transaction and process the payment.
DealNow is the easiest way to close your own vehicle deal, anytime. It’s the safe and simple way to avoid fraud, sign documents, and instantly transfer money, all in one app. Invite the seller to (DealNow and fast-track your transaction.