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Where To Sell My Car

Traditionally there were really only three ways to dispose of your used car. You could use your car as a part exchange on a new car, advertise via a local paper or shop window, car magazine, or word of mouth and sell to a private buyer, or take it to an auction. All these options have good points and bad, and could prove to be time consuming and expensive. With the advent of the Internet, there is now the option of using it as a tool to assist with the sale of your old car, here you also have choices. There are online auction sites, car advertising sites and car buying sites where a company offers to buy your car directly from you. By using a search engine such as Yahoo or Google and using a phrase along the lines of where can I sell my car? You will achieve a list of various companies, offering various options. Below is a brief guide to your choices with plus and minus points, providing you with a basic understanding of each option.

Trading In At Car Dealership

Using you car as part payment for a new car can be an easy option in that disposal of your old car and collection of your new car can be made in one go. However, there are drawbacks, for example; can you get the exact car you want? Especially important as you will most likely pay a premium purchasing a new car this way. You need also to ask yourself if I sell my car as part payment, am I being paid its real value, or has the dealer got a considerable margin involved in my part-exchange as well as the new car.

Selling to a Private Buyer

In selling your car to a private buyer, you may be able to achieve the highest sale price as you are cutting out the middleman. Finding a buyer, though, in the current climate is not that easy and it does mean inviting strangers to your home who will want to test drive your car – you must make sure that they have adequate insurance cover. To sell car this way, can be time consuming, may attract time wasters and haggling over the price on your doorstep.

Online Car Auctions & Car Advertising Sites

Here you can advertise your car with a description and photographs and information to show your car to its best advantage, it pays to give a detailed description, identifying all the cars good points and it is advisable to list any faults the car may have so that the potential purchaser knows exactly what he is bidding on /arranging to view. With an auction, you do not know how much you will sell car for until the auction has ended, although you are usually able to put a reserve price on it, there is no guarantee that that price will be reached & there is usually a fee payable to sell a car. With an advertising site, you can set your sale price, but again there is no certainty that you will attract a purchaser or achieve the price you want & you will pay a listing fee.

Car Buying Sites

These are online companies that offer to buy your car from you, once they have offered a quote either by email online or over the telephone, and there are many of them out there. Selling your car this way can be quick & easy – As with any company you are considering doing business with, check that they are the type of company that provides the service to suit you best. Some offer instant quotes, ask yourself, can it be accurate? Some offer to come & collect your car from you, free of charge, some charge a fee, others ask you to take your car to them. Do not be afraid to ask questions, if I were to sell my car to you, How do you achieve a quote? How & when will I get paid? What fees are there? Who will I deal with?