Should You Sell Your Car Yourself or Trade It In?

Should You Sell Your Car Yourself or Trade It In?
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Should You Sell Your Car Yourself or Trade It In?

There are various pros and cons to selling your car directly to a buyer versus trading it in to a dealership.

With a trade-in at a dealership, you are looking at convenience as the main benefit. The car dealer makes you an offer, and you put that money toward buying your new car. There’s also little paperwork that you have to do yourself since the dealer takes care of all that.

But while it’s convenient, one major disadvantage to trading in your old car is that you don’t get the most money that you can receive. The dealer still needs to make money on the car so they probably won’t give you retail value for it. While you avoid the hassle of selling your car by trading it in, you could be leaving some money on the table.

If you’re considering selling your car yourself, you may get more money from the sale because the buyer will end up using the vehicle themselves so they don’t need to mark it up like a dealer will.

But selling a car yourself isn’t always easy. There is a lot more legwork involved such as posting an ad for your car, meeting potential buyers, going on test drives and dealing with banks and finance companies on your own.

Our alternate solution is to contact I Buy Cars Today. We make the process easy. Just fill out our quote request form, and we will make you an offer that the dealership won't beat. Our offers usually fall between a typical big-box dealership's trade-in value and higher offer you'd get if you sold your vehicle through a private party transaction, but without the hassle!

Once we receive your inquiry, we will be in touch with you as soon as we can, and we'll make you a prompt offer.
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