Selling a Car
A new car loses significant value the second you drive it off the lot—generally between 20 and 30 percent. So when it comes time to sell your car, you want to eke out every salvageable penny. The Internet makes it easy to show your car to a vast audience of prospective buyers. This Web guide will show you where and how, and will also teach you about some other viable options, such as trading in your car or donating it to charity.
Expand All Guide SectionsPreparing to Sell a Car
The Web is cluttered with used car ads at all times, and you need to find a way to differentiate ... read more »
Sell a Car Online
Now that you’re familiar with the intricacies of selling your car, it’s time to put ... read more »
How to Trade In a Car
If you’re planning to sell your car, you’re not limited to posting an ad online. Trading in your vehicle is an alternative. Learn about this option and more in this section.
Dulcinea's Insight
- By trading in your car, the price of your new car is reduced. But keep in mind that selling a car yourself, though more time consuming, is bound to leave more money in your pocket, partly because the dealer seeks to make a profit as well by reselling the car.
- The benefit to trading in your car is convenience. You avoid all the hassle related to selling a car yourself.
- You may also want to speak with your local dealerships about auto consignment. With consignment, a third party sells your vehicle for you. Simply indicate the lowest acceptable price, and the third party takes the profit margin.
Dulcinea's Picks
Automotive.com
offers this quick overview of how to trade in a car. Find a heap of advice on trading in your car, and some important warnings you should heed.
MSN Autos
examines trading in versus selling your car. The site’s article acknowledges that trading in your car is a convenient option, whereas selling it is profitable. Also read about consignment and selling your car to charity.
DMV.org
also brings up some interesting and helpful points about trading in your used car. Scroll down to “What the Dealer Is Thinking” to gain insight into how a dealer arrives at a price offer.
Car Donation
If you don’t want to sell, trade in, or consign your car, there’s another potentially ... read more »
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