So, your car has reached the end of its journey with you and it’s time to say goodbye. You’ve spent a wonderful 20,000 miles together but now you need to move on. While you consider which car you’d like to get next, you’re probably worrying about the best way to get rid of the old one. There are a few different options when it comes to selling your car, some easier than others, and each with a different potential return on investment. Let’s break down some hassle-free ways to sell your used car.
Selling Privately
We may actually be starting with the most complicated way of selling your used car out of all of our recommendations, but that’s because it comes with a serious upside: price. The benefit of selling your car privately means you set the price. Most people who are in the market for finding a used vehicle don’t truly know the value of different cars. Though they might do some comparing of your price against others, at the end of the day you set the price. This is your asset to sell and you can choose its worth.
The drawback? It is a little more effort than a few other options on our list. Why? Because it just takes up more time this way. First, you will need to let people know your car is for sale. Simply sticking some signs in the windows stating that your car is for sale is probably not going to draw enough attention to it. You will also need to list your car on websites, in the paper, and even in classified ads in your local town. Once this is done you will have to answer calls and organize suitable times to show people the vehicle yourself. If you can handle these things, we think the benefit of setting your own price can outweigh this little bit of effort.
Dealing With Dealerships
Let’s move on to something a little more hassle-free: selling your vehicle to a dealership. This, in fact, can be one of the simplest and easiest ways to sell your car out of them all. In most cases, you can simply drive up to the forecourt, speak to a dealer, take some cash, and leave! The downside, as mentioned, is that you are at the mercy of the dealer. They obviously want to sell the car for a profit, so they will want to buy it from you as cheaply as possible. If you are willing to put in a little time, you can head off to multiple dealers and play them against each other. Let them know what the other dealership offered you and ask them to beat their offer. Or, if you want a quick sale, just use option 1. Rock up and sell.
Online And Offline Auctions
Another relatively hassle-free way to sell your old car is to put it up for auction. There are still, believe it or not, places where you can take your car to be assessed by a professional and then listed for an in-person auction. This is so hassle-free. You don’t need to do anything other than dropping the car off and waiting for your money. The downside, of course, is that your car may sell for less than you had hoped. With online auctions, you will need to put a small amount of extra effort in. Take pictures yourself, write down all the details of the car, and then list it on the site. You may have a few requests from people wanting to come to check the car out, and it’s up to you whether you accept those requests or not. With online auctions, you can also set a minimum price you are willing to let your car go for.
Part Exchanges
The final, and arguably the easiest way of selling an old car is to part-exchange it. Many garages and manufacturers have a part-exchange system in place for people just like you. Say you are interested in a brand new 4×4. Luckily, that 4×4 manufacturer is offering $3,000 off the price of any new model when you part-exchange your old car. Simple! Trade it in and get money back against a brand new vehicle. In this scenario, you may have to accept whatever terms are offered to you, but at least it’s incredibly easy.
There we have it, some excellent and hassle-free ways of selling your used car in today’s market. Depending on how much money you want to earn, and just how easy you want it to be, one of these options will certainly work for you. Good luck with your sale.
