• Should You Trade In Your Car or Sell Privately?

Should You Trade In Your Car or Sell Privately? - Buy Sell Used Cars Oahu H Back to the top
Should You Trade in Your Car or Sell Privately?

When it’s time to sell your car, most people consider two of the more common options which is to trade it in to a dealership or to sell privately. But there are pros and cons to these methods and also a better way, which we will share below.

Trading In – Trading-in your car to a dealership is convenient. The car dealer makes you an offer, and you put that money toward buying your new car. You also don’t have to handle the paperwork because the dealership will do it for you. You can also use the money from the car sale towards buying another car from the same dealership.

However, one major disadvantage to trading in your old car is that
you don’t get the most money that you can receive. Because the dealer still needs to make money on the car, they probably won’t give you retail value for it. Lastly, when a dealership agrees to buy your car, you’re obligated to buy your next car from that said dealership. So, if they don’t have a car that you want, you can’t trade in the car.

Selling Privately – Selling your car yourself will most likely to get you more money for your car because the buyer will end up using the vehicle themselves and won’t need to mark it up. But selling a car on your own isn’t always easy. There is a lot more legwork involved such as posting an ad, meeting potential buyers, going on test drives and dealing with banks, etc.

The Better Way: Selling to I Buy Cars Today
- Our alternate solution is to contact I Buy Cars Today. You may not want to deal with the hassle of trying to sell your used car yourself, but we make the process very simple! Don't believe us? Fill out our quote request form, and we will make you an offer that the dealership won't beat. 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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