When it comes time to sell your old ride, what avenue do you take? Do you sell it to a buddy of yours, or do you trade it in at the dealership?
Maybe you’re wondering if you’re getting the best deal when you sell your car. Today we’re going to help you figure out how to get the most from selling your old car.
How Should You Sell Your Car?
Sell it Yourself
The most obvious and direct way to sell your old ride is to just sell it yourself. Figure out what a car of its age and condition is worth, throw up a few ads online and try to get a good price for it. When it comes to selling yourself, though, you’ve got to consider how time-consuming it will be.
When you’re selling the car yourself, you’re looking at a lot of time meeting with potential buyers and haggling. You have to put the car’s history report up and be truthful about its condition. Likewise, the awkward nature of having strangers come up and test drive your old vehicle is somewhat odd.
Dealership Sales
When it comes to getting money for your old wheels fast, you’ve got a few options. The most straightforward way to do this is to go through a dealership. Dealerships can buy your old ride after an appraisal and give you cash the day you roll up with it.
After an appraisal, you can choose to take or leave the offer. If you take it, you’ll have cash in hand. Often you can haggle for a bit of a better price if you’re trading the old ride in for a new vehicle. Keep in mind, in any event, you’ll end up getting less for a vehicle you trade-in to a dealership than just selling it yourself.
Other Services
There are also services that can help you sell your car. These services, like CarMax and Auto Trader, have their own setups for picking up the vehicles and paying you out for it. This is a bit of an in-between from selling it to the dealership and selling it yourself.
With these services, you’ve got a bit better chance of getting more for your old car. However, you do pay for the convenience, as you’ll get a bit less than if you just sell it yourself. It’s up to you to decide how much your time is worth when it comes to selling your car.