The most common dilemma for new car buyers is whether to sell the existing cars to dealers or to sell them privately. The answer to this question depends on what kind of vehicle you have, the condition of the vehicle, whether there is time, and the financial questions involved.
The best choice for private sales is a popular model with the various functions consumers want, good condition, low mileage and all maintenance costs. This kind of car sells very fast. If your car doesn’t meet these standards, you may consider replacing it.
The auto dealer will accept any vehicle in any condition. They don’t care about dents, t-words, rust, cracks or stains in the interior. Even if the car doesn’t drive, you can drag it back as a deal. Obviously, you won’t pay a lot for the car, but you can get rid of it and all the trouble it has. In addition, it’s easy to sell the car to the dealer. Overall, it takes only 5 minutes and you can do it on any day you want to do it. Without time and money investment, after a few simple signatures, the dealer will handle all paperwork.
On the other hand, selling your own car will make your pocket more money. However, most private party buyers check cars from up to down, from inside to outside. They question the history of service, the history of accidents, seat tearing and tire wear. If your car can’t afford to be checked (or you don’t have the will or time to deal with it), change your car.
It may take weeks to sell a car privately. If a car is not required, it may take months (for example, a convertible with a manual transmission, Detroit in January). During this period, you will have to invest in advertising and keep the car clean, as potential buyers will call to see the car immediately after receiving the notice. You need to be ready to test drive with potential buyers at any time, or allow them to test drive without you. In most cases, you won’t know it has been sold until the day the buyer arrives and takes it away. Once someone is interested in your purchase, you must go to the car management office to go through the relevant procedures and complete the state inspection.
Financially, dealers always offer your car a value below the discount. The reason is that the car is either cleaned up for sale in the dealer’s used car trading garage (only the best old cars can be sold back to the garage), or it will be wholesale at an auction. Dealers spend and spend time dealing with paperwork, preparing for sale vehicles, transporting them to auction sites and at other costs. As a result, dealers will not spend a lot of money on old for new, unless it is in near perfect conditions, it will be an easy resale.
In almost all cases, you will get much less money from used car trading than you get from private sales. If your car is only a few years old, it could be a lot of money. On the other hand, if your car is in a bad condition, or needs low, or has a high mileage, it’s better to replace it to avoid wasting your time and money.