One year on from its initial announcement, BuyersCompared.com, a low-cost cash for car site aimed at independent and franchised dealers is ready for registrations.

Over the next couple of weeks the site will be conducting public beta testing, initially targeting car owners looking to sell Fords. On full launch the site will cater to all car marques. It will provide a real-time offer to the car seller from a number of independent and franchised dealers.  The live site will also offer a trade to trade platform for buying, selling and underwriting cars.

BuyersCompared CEO Phil Hayes commented “Think of BuyersCompared as a car classified site in reverse. People looking to sell their vehicle enter the details and our algorithms automatically match buyers and what they’d be prepared to pay so that the seller can quickly set up a deal.”

The site is looking to recruit dealers who will be the first users able to make purchases through the system. It offers perspective dealers no charge for registration and no-charge for car purchases during the launch phase.

Phil Hayes added, “BuyersCompared will revolutionise the way dealers buy stock. Reducing reliance on the auctions and getting sellers to go direct to the buyers. I’ve been in the trade for nearly thirty years so I understand the issues dealers face and promise we will be always be a low cost source for stock.”