If you’re ready to move on from your current vehicle, you have two different options for selling it: trade-in or private sale. Here are a few factors to consider when deciding whether to trade your vehicle in at a dealership or sell privately.
Trade-In
- Save time and let the dealership handle most of the heavy lifting.
- Apply the trade-in value to your next vehicle.
- Opt for convenience rather than getting the best price.
Private Sale
- Take on the process of listing and finding potential buyers for your car.
- Give yourself more control over price negotiation.
- Get in on the hot market for used cars.
Both processes require some research on your car’s market value and gathering all the necessary documentation, so make sure to properly prepare.
