Car Adviser Rating of Exchange My Car: 4.8 stars out of 5
Car Adviser Rating of Motorway: 4.5 stars out of 5
Where 60% of UK residents prefer to make their car buying experience entirely online, the online car-selling market is still emerging, with new players competing for the top spot.
Exchange My Car and Motorway are two such brands that are transforming the online car-selling experience with their free service.
But between these two free car websites to sell your vehicle, who is doing better? We’ll compare these two leading competitors on 10 different parameters.
Between Exchange My Car and Motorway, which is a better option? Let’s find out.
Key Takeaways from the Review
- Exchange My Car may present you with offers from its pool of prospective buyers whereas Motorway shows you an estimated auction value.
- Both services are free to use for sellers and make money by charging a fee to professional buyers.
- Motorway has been around longer than Exchange My Car.
- Exchange My Car offers a faster selling experience.
Car Adviser Review Criteria
Car Adviser takes a unique approach when analysing different online car-buying platforms. Our experts have divided 9 different parameters across 3 main domains where a company should excel to provide a seamless car-selling experience. Here they are:
- Valuation and Payments
- Offer Accuracy
- Service Charges
- Ease of Payment Transfer
- Business Model
- Market Standing and Reputation
- User Experience
- Ease of Selling
- Quality of Offers
- Selling Time Frame
- Vehicle Handover and Inspection Process
- Customer Support
What is Exchange My Car? How Does it Work?
Exchange My Car is a UK-based comparison platform that connects car sellers with potential buyers. The service is entirely free for sellers, from offers to instant payment.
Once you’ve logged in, their advanced system swiftly matches your car with the best offers from a network of car-buying partners within 30 seconds.
When sellers accept an offer, the buyer gets in contact to firm up the details of the vehicle and arrange inspection and collection. Following the inspection, the agreed-upon payment will be transferred to the seller’s bank account, and the buyer will drive away with the car.
What is Motorway? How Does it Work?
Motorway is an online car auction platform in the UK that allows car owners to sell their vehicles directly to a network of over 5,000 verified dealers.
The journey begins when a seller visits their website. They enter their car’s registration number and mileage to receive an estimated valuation.
After that, the seller has to complete an online questionnaire and upload pictures of their car. Then the vehicle is listed in an online auction where dealers can place bids.
Sellers are notified of the highest bid once the auction concludes, typically within 24 hours. If the seller accepts the offer, the dealer will arrange for the collection of the vehicle. Payment is made directly into the seller’s bank account during the collection appointment.
Exchange My Car Vs. Motorway; Free Car Websites to Sell Your Vehicle
Let’s evaluate the quality of service provided by both car-selling platforms in this side-by-side comparison. Our experts have scored both platforms in each category to help you decide:
1. Offer Accuracy
Winner: Exchange My Car
Reason: Where Motorway gives you an estimated valuation, Exchange My Car presents offers from buyers who want to purchase your vehicle.
Exchange My Car: Exchange My Car’s buyer pool consists of highly specialised auto-buying experts. Exchange My Car makes multiple instant offers from these buyers with greater accuracy.
Sub-category score: 4.6/5
Motorway: Motorway first gives you an offer based on the buying history of their buyers. You get a final offer once the bidding is over.
Sub-category score: 4.3/5
2. Service Charges
Winner: Tie
Reason: Both services are totally free to use for sellers. They charge a commission from professional buyers instead of sellers.
Exchange My Car: Exchange My Car was charging a small facilitation fee almost two years ago, it has since become a no-charge car-selling service.
Sub-category score: 5/5
Motorway: Motorway has been a free-of-charge platform from the get-go. It focuses on maximising the offer value without charging any hidden fees.
Sub-category score: 5/5
3. Ease of Payment Transfer
Winner: Tie
Reason: Both Exchange My Car and Motorway have garnered outstanding reviews for transaction speed and ease of payment.
Exchange My Car: Exchange My Car’s buyers provide instant payments to car sellers, ensuring that funds are transferred quickly and securely. Sellers get paid after the inspection is completed.
Sub-category score: 5/5
Motorway: Motorway allows dealers to make one-click payments to private car sellers after the auction process, offer, and inspection process is completed.
Sub-category score: 5/5
4. Market Standing and Reputation
Winner: Motorway
Reason: Motorway started operating almost two years before Exchange My Car and has a well-established and recognisable brand.
Exchange My Car: Exchange My Car was established in late 2019. The platform’s reputation is growing fast due to its unique model of presenting multiple offers instantly, and most importantly because it filters buyers to match customers, which had never been done before.
Sub-category score: 4.4/5
Motorway: Motorway has established itself as a reputable and fast-growing player in the online car-selling space since launching around 2017. The platform’s rapid growth and large dealer network show it is a trusted option for selling used cars in the UK.
Sub-category score: 4.6/5
5. Ease of Selling
Winner: Exchange My Car
Reason: The process of selling a car with Exchange My Car is easier as you don’t have to fill out a long questionnaire and wait for the auction results to come in.
Exchange My Car: The selling process of Exchange My Car is straightforward. Simply register your vehicle, enter a few details, and you’ll get the highest offers they could find for your vehicle. You can choose which one you want to proceed with by clicking accept, the buyer then gets in touch to arrange your free collection and payment.
Sub-category score: 4.9/5
Motorway: The car-selling process at Motorway isn’t that straightforward. Starting with an estimated valuation, followed by a detailed submission process, photography, and an online auction, and waiting for the highest offer can be tedious. But upon accepting an offer, the buyer comes to your location, pays you, and leaves with the vehicle. So, that’s good.
Sub-category score: 4.6/5
6. Quality of Offers
Winner: Exchange My Car
Reason: Exchange My Car matches sellers with buyers who exclusively deal in their type of vehicle, this has never been done before.
Exchange My Car: The buyer pool of Exchange My Car consists of high-vetted specialised buyers divided into several categories. Say you’re looking to sell a non-runner car; Exchange My Car will connect you with a buyer strictly interested in non-runners.
Sub-category score: 4.9/5
Motorway: The buying process of Motorway adds an extra step of the auction to the mix. So, you can’t be sure of the quality of the offer as it may come from any of the 5,000 buyers.
Sub-category score: 4.5/5
7. Selling Time Frame
Winner: Exchange My Car
Reason: The selling time frame of Motorway is usually longer due to the fact that you do not get instant offers. Sellers have to wait for bids to come in and you don’t know if you will receive a worthy offer.
Exchange My Car: The complete selling process of Exchange My Car is very swift as compared to Motorway. It can take as little as 24 hours from getting an offer to inspection and final payment with some of their buyers. Exchange My Car puts you in touch with buyers immediately so you can sell your car as quickly as you would like to.
Sub-category score: 4.8/5
Motorway: The additional step of listing the car through its auction can delay the overall selling process. Sellers have to track the bidding process in order to view offers and you will only know who will potentially be buying your vehicle at the end of the auction. You will then liaise with the dealer to arrange collection and payment.
Sub-category score: 4.3/5
8. Vehicle Handover and Inspection Process
Winner: Exchange My Car
Reason: Although the vehicle handover process of both platforms is easy, Exchange My Car’s inspections are expected to be more consistent.
Exchange My Car: Customers have reported that Exchange My Car’s buyers have a straightforward inspection routine and a seamless vehicle handover process.
Sub-category score: 4.8/5
Motorway: Motorway has a streamlined vehicle handover process. But they have a very large pool of buyers as opposed to a specialised and vetted buyer pool of Exchange My Car.
Sub-category score: 4.3/5
9. Customer Support
Winner: Exchange My Car
Reason: With extended customer support hours and genuine attempts to help the sellers, Exchange My Car is doing better in the customer support category.
Exchange My Car: According to customer reviews, Exchange My Car’s support staff is honest and helpful. They go above board to help customers sell their cars at the maximum price.
Sub-category score: 4.8/5
Motorway: Motorway support staff is known to be helpful and cooperative, but people seem to complain about the final inspections and pricing negotiations with their dealers.
Sub-category score: 4.0/5
Other Independent Reviews and Ratings of Exchange My Car
- On Trustpilot: 4.7 stars out of 5 (Excellent)
- On Reviews.io: 4.6 stars out of 5 (User Recommendation: 93%)
Other Independent Reviews and Ratings of Motorway
- On Trustpilot: 4.5 stars out of 5 (Excellent)
- On Reviews.io: 4.2 stars out of 5 (User Recommendation: 83%)
The Overall Winner: Exchange My Car Vs. Motorway
Exchange My Car and Motorway have studied the problems sellers face on online platforms very closely and found solutions that work the best.
Both platforms have their pros and cons, so it’s better to get a valuation from both before making a final decision. But do consider the other differences mentioned above.
If you’re looking for advice on breakdown cover, car warranty, GAP insurance, car buying and car maintenance, ULEZ, and MOT, please visit our blog and check out our tools.