Consignment is a process whereby a person gives permission to another party to take care of their property while retaining full ownership of the property until the item is sold to the final buyer.
Car consignment is a process where a car owner partners with a dealership or an agent to sell their vehicle on their behalf. Unlike a typical sale where the owner handles all aspects of the transaction, in a consignment sale, the professional dealer manages everything – from marketing to finalizing the deal.