Should You Sell Your Vehicle or Wait? We Have the Answers
Have you been recently thinking, “Should I sell my car?” If so, know this: millions of drivers have the same thought. Is there any reason these millions of drivers have this collective thought? Yes, and that is because every year, millions of different drivers face the same dilemma, but it’s almost always for the better. Selling your car can be something you do to achieve different goals. For example, most households have as many vehicles as there are licensed drivers, and it is these people who own one vehicle each who sell their car in hopes of upgrading. However, selling a car does not always mean they are upgrading, but perhaps there is a car going unused in your driveway, and you figure if nobody will be driving it in your household, you may as well get some extra cash for it.
Mind you, the discussion we will be having is not for those classic car collectors out there, and that is because there is an entirely separate list of criteria to consider before selling an antique. No, this discussion concerns whether you should sell your current vehicle and upgrade to a better one or save money. Are there any pros or cons to either approach? We have the answers for you, so let’s get started.
Who Should You Sell To?
Let’s say you decide you will be selling your car. This opens an avenue of fresh questions to ask yourself – namely, who should you sell your car to? You have options; there’s no doubt about that. The real question is: Which is the best car-selling method?
Private Selling
Have you ever driven down the road and noticed a parked vehicle on somebody’s lawn with a ‘For Sale’ sign on its windshield? Similarly, have you ever been browsing online, whether that be eBay, Facebook Marketplace, Craigslist, etc., and have seen the automotive section and its hundreds, if not thousands of listings in your area alone? These folks have all decided to sell their vehicle privately, meaning they do not want to work alongside an automotive dealership. Why do people prefer to do this? There are a few reasons, but the main draw is naming your price. However, that does not mean the grass is always greener.
Selling a vehicle privately comes with stipulations you regularly would not have to worry about if you were to trade in or sell your vehicle conventionally at an automotive dealership like ours. When you sell your car privately, you must consider local laws surrounding what happens if the seller reaches out to you shortly after the purchase because of an undisclosed flaw that leads to an inoperable vehicle. Additionally, selling a vehicle means you must forge a bill of sale to solidify the purchase, which must then be signed by both parties. If you do not like visiting the Registry of Motor Vehicles, you won’t do too well with selling your car privately. When selling a car privately, the buyer may also ask that you create a CarFax report for the vehicle. While this is a menial task, it is undoubtedly a nuisance when the alternative does not require any of the things we just mentioned – that alternative: selling your car to a dealership.
Selling to a Dealership
When you sell your car to a dealership like ours, the experience is different because it is quick, effortless, and best of all, you won’t hold any more responsibility for the vehicle the moment you hand us the keys, and we hand you your money. No CarFax report is necessary, and we will not call you a week later because of an issue we found. When you hand us the registration and keys, you never have to think about that vehicle again unless you want to remember the good times because we know the car you drove can contribute to some of the best memories of your life. That’s what selling a vehicle to a dealership like ours can do for you.
Dealerships often utilize accurate and up-to-date pricing to ensure you are getting as much money for your vehicle as possible within the current market climate, and our dealership gives you two ways of trading in your car: you can get cash or trade credit. That’s right, if cash is all you need – perhaps a vehicle at home already belongs to you, and you are looking for extra spending money – we do not tell you that you can’t take the money we gave you and spend it elsewhere. However, if you plan on driving another vehicle in its place and have not purchased one yet, we encourage you to look at our selection.
Selling your car to a dealership is a great first step to getting behind the wheel of your next vehicle. Something exciting that many people do when they sell their vehicle is upgraded to a brand-new one, which many find themselves doing for the first time after acquiring financial assistance in the form of trade-in credit or working alongside a financial expert to find a loan with low monthly payments. And, not to mention, you can get money the same day you are reading this if you bring your car down to our dealership, while if you were to sell your vehicle privately, there is no clear indication of when you will find a buyer. There is also always the possibility that you may have to give the money back if the vehicle decides to act up shortly after selling it; if an undisclosed issue arises, even if it did not occur when you were selling it, the seller might not believe your story.
Why Should You Sell Your Car?
Now, the question you likely want a clear answer to: Why should you sell your car? You should sell your car because of two reasons. Firstly, the automotive industry is one of the fastest-evolving industries mankind has conceived, and in the tech world, automotive manufacturers are often at the forefront of partnerships. An example that comes to mind is Apple CarPlay and Android Auto, in which automotive manufacturers and companies like Apple and Google work together to ensure their respective software plays nicely with the infotainment centers automotive manufacturers have developed. That’s one example, but that’s only the tip of the iceberg. The stark evolution we have seen in automobiles within the past decade makes selling your current car a great opportunity to usher into the present with modern technology, safety features, and more.
The second reason selling your vehicle is a great idea is because it allows you to try something new. Trading in a sedan and swapping to the SUV lifestyle because of a newborn baby on the way? Trading in a mid-size pickup truck for a full-size truck? When you trade in your current vehicle, you can take a step back and think about what type of experience you want to have next. However, even if you want to upgrade to a newer variant of the same model you were driving, that’s not bad either. You can get a fresh set of features and a newer engine, and everything will be generally newer than what you were previously driving.
Time for the Next Chapter in Your Life
Many newer model years are leagues beyond their predecessors, so it is worth heading to the dealers anyway – if nothing but to explore what the current automotive market looks like and also get some time to operate any vehicle you find on our lot. Our test drives are facilitated by one of our sales members who can show you the hottest new features and help you better understand what type of automotive experience you think you would be looking for. Much like vehicles, we as people and drivers are ever-evolving, so you should sell your old car and branch out into something newer – you won’t regret it.
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