Should I Sell My Car to a Dealership?

Should I Sell My Car to a Dealership?

Selling a car can be a daunting process if you take it on all by yourself. The process may seem easy enough but is not nearly as simple as selling a piece of old furniture or even an electronic item. If you’re wondering what the best way to sell your car is, you’ve come to the right place. Here are a few pointers on how to choose the best way to sell your car that suits your needs.

  • Time Crunch: Anyone who has time to spare would probably be inclined to spend their time on something recreational, relaxing or investing it in learning a new skill or hobby rather than having to advertise, meet, screen, negotiate and close out a successful car sale deal. That’s why dealerships are keen on reducing the time you spend on selling your car to them instead. Any dealership can settle your sale as quickly as one day, including cash paid or transferred to you on the same day.

  • Car Valuation: When you go to a dealership, they will examine your car and give you a free quote on what they’re willing to offer for your car. You can use such quote to negotiate with other dealerships to up your price a bit. It’s recommended that you get your car assessed by a professional who will give you a real-time price quote based on the model, condition and history of your car.

  • Specific Kind of Car: Say you own a 4WD (four-wheel drive), a convertible, an electric car or a car that you’ve tinkered with and modified to some extent, your chances of finding a buyer yourself will be dependent on many factors and it does narrow your list of potential buyers. This is why it’s best to go with a dealership since there will be much less hassle in getting even special kinds of cars off your hands.

  • Age and Condition of Your Car: If the car is relatively new, you can get a good price for it at a same-brand dealership. For example, a 2016 BMW will be offered a good quote at a BMW dealership. On the other hand, if you have a car that’s pretty old, say it was manufactured in 2005 or the company has stopped production of the model, or it’s worn out quite a lot, then a private sale will fetch you a much lower price than at a dealership.

  • Effort: You could be someone who gets a kick out of selling a car themselves, but nonetheless, you’ll still have to put in a lot more work into closing a sale. You’ll also have to invest some money to get the car cleaned, serviced and have worn out parts replaced. Without this, you’ll be looking at a much lower price.

So, save yourself the trouble and start shopping around the dealerships in your area. You’re sure to find one that offers you the right price.