The Old Standby: Autotrader
A long-running standby in the online car selling industry, Autotrader is one of the most popular places to list a car. Theres no free option available for sellers, but the number of eyeballs your listing will get here should ease the pain of paying a small fee to sell. Autotrader has an easy-to-use interface that a huge number of buyers rely on, and thats a reason to put it at the top of your list.
Selling Your Car Via A Traditional Ad
If youre comfortable with the business of haggling over a price, you may do better by selling your car directly to a buyer through an ad site like Auto Trader or Gumtree. But beware when you do this you must follow the golden rules about selling a used car to ensure you dont end up getting ripped off, or worse.
Chief among these is the payment many sites merely bring you and the seller together and leave it to the pair of you to sort out the actual sale and payment.
Private sellers may be wary of handing their bank details to buyers, but you should be even more wary about accepting cash. Most car dealers stopped accepting cash payments years ago, so private sellers have now become a prime target for money launderers. Have a look at our feature to ensure you dont get left with no car and a load of useless fake money
So, lets look through some of the best websites for selling your car.
Should You Trade In Your Car
Trading in your car at a dealership isnt always the best solution. For example, if you still owe a lot of money on your current vehicle, the odds of getting the full funds to cover the existing debt could be a problem. If you only owe a little bit of money, you can probably negotiate a trade-in estimate that can cover most, if not all of the balance.
Another drawback to trading in your car at a dealership is you might not receive as much for the car that you would if you sold it privately, since making a profit on the trade-in is their primary goal. However, the convenience of having the dealership handle all of the paperwork involved in the trade-in and sale can make up for receiving a lower trade-in value. But if youre unable to negotiate a trade-in value that youre comfortable with, it might be better to go to another dealership or sell your vehicle to a private party.
If that new car is beckoning you, take a few moments to learn how to trade in a car, spruce up your current car, and head over to the dealership. Youre ready to make a deal.
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Can You Sell Your Used Car On Craigslist
Craigslist also offers many other things for sale, some of which draw audiences that you dont really want to be looking at your used car that you took pictures of at your house. When selling your car on Craigslist, you cant underestimate safety measures.
Where can I Sell my Car for free?
If you are interested in selling your car, you may want to consider placing an ad on Craigslist. Craigslist is a free online classified service that allows you to post advertisements based on your location and the type of item for sale.
For Rare Cars And Classics: Bring
Say you have a rare classic or awesome sports car, but it’s time to sell. This might be the places. Bring-A-Trailer vets all the cars it puts up on its website before listing them, so this site is rife with enthusiast traffic. Cars tend to sell for high dollar amounts because of the sites clientele. Its auction-based like eBay Motors and the site takes $99 if you sell with its most basic package.
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Know What Your Car Is Worth
The first step in selling is to know what your current car is worth.
Its essential to get an accurate estimate of what the car is worth so that you sell it for a fair price, regardless of where you wind up selling it.
Use an online service like Carvana or Kelley Blue Book to find out how much your car is worth, and then you can set your asking price. Another place to find your cars value is to check out local dealerships for similar cars to yours.
A perk of researching what your vehicle is worth is seeing the price points for new cars. It will help you with your money management by giving you an idea of how much money to save to pay cash for a new car.
Sell Your Car To Carvana Or Vroom Or Carmax
National used car dealers have invested millions of dollars to create seamless and technology-driven ways to buy your car. CarMax pioneered the marketing of wed like to buy your car, please sell it to us many years ago, and since then, upstart companies like Carvana and Vroom have doubled-down on purchasing used cars directly from consumers.
What work is involved in selling your car to one of these national retailers? Not much. Similarly to when you sell your car to a local dealership, you shouldnt invest time or money in cleaning up your vehicle. Carvana, CarMax, and Vroom are all prepared to recondition your vehicle, and a detail will not change the appraisal value.
What are the pros and cons of selling to a Carvana, CarMax, or Vroom? There are plenty. To start with, the best pro on the list is the offer price. Carvana and Vroom are notorious for offering very competitive prices to buy used vehicles. Very recently we sat down with Nicholas Hinrichsen, the former Senior Director of Sell to Carvana on the Auto Insider podcast to discuss how Carvana determines pricing for their used car purchases.
Carvana and Vroom will also both come to you to purchase your car. Instead of driving to your local dealership, or to a physical CarMax storefront, Carvana and Vroom will send a flatbed truck to you and take delivery of your vehicle right there.
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More Options Than Ever For Selling Your Car
These days there are more ways than ever to sell your car, many of which make it much easier and safer for you. At the same time, it seems there are more ways than ever that something can go wrong, particularly with a private sale in the midst of a health crisis.
Remember, your safety is the paramount consideration. With that in mind, you can sell your car happily and get the money you deserve.
Should I Sell My Car To A Dealer Or Privately
If you’re looking for the most cash out of this car, your best option is to sell it to a private buyer.
Dealerships will always underestimate your car and pay you less than the used market value.
On the other hand, if you are not comfortable finding a private buyer through classified websites, you might need to sacrifice receiving a low offer.
To prevent getting a very low offer for your car from the dealership, you might need to check out your vehicle’s current value using Kelley Blue Book online Calculator to provide you with a minimum and maximum rough estimate about your vehicle’s expected volume.
Once you have a number in the back of your head, you might shop for multiple dealerships to get a closer offered to what you need.
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How To Trade In A Car With Negative Equity And Bad Credit
When you have bad credit and need to trade in a car with negative equity, you basically have three courses of action available:
- Cover the Negative Equity Yourself The easiest way to eliminate it is to make up the difference between your trade-ins appraised value and your loan balance out of pocket.
- Hold Off on Your Car Purchase You could also postpone financing another car until you have eliminated the negative equity or even paid off your current loan. A good way to do this more quickly is paying more than the minimum amount on your current loan each month.
- Roll the Negative Equity into a New Loan This may be possible in some situations, such as when the amount of negative equity is minimal, but theres no guarantee the lender will allow you to do this.
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Should I Only Accept Cash When Selling A Car Privately
In general, accepting cash for your car is by far the safest way to make sure you get the full, exact payment. But remember, if you accept cash from a buyer youll end up with hundred or even thousands of dollars in your wallet and youll need to get to the bank ASAP.
How do I protect myself when selling a car?
Steps to Protect yourself when Selling a Car
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Can You Trade In A Leased Car For Another Lease
Yes and no. Depending on where you are at in your lease term, it may not be financially advantageous for you to do so. Working with your dealership, they can act as your liaison with the lease company to calculate what your contract obligations are to see if it makes sense to payout your obligations or roll it into your new lease. The leasing company may not be willing to take on excessive debt and deny the new lease.
The new lease will include all of the fees and penalties from your original lease and add them onto your new lease, so it usually more expensive. So any costs you incur because of excess damage or annual kilometre penalties get added to the new lease, but that also means the cost is spread out over the lease rather than all up front. If you can take that extra financial hit, there are plenty of times when it can make sense.
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Where Is The Best Place To Sell My Car Privately
The great news is that there are many places you can choose from, and by exposing yourself to these places, you can determine which one is the best for you. Sometimes experts recommend posting your vehicle on multiple websites, especially if you are looking to get rid of this car fast and for the most money.
Let’s go through a list of the 15 best places to help you sell your car fast and for the most money:
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Does Posting A For Sale Sign Really Work
If the internet isnt your friend and youre thinking about selling your car the old-fashioned way, you can always post a For Sale sign on your vehicle. With this option you can set your price This might be a difficult sell if your car is your main source of transportation and you dont have the option to leave it sitting. Plus, you may be left waiting a long time before you meet a potential buyer.
Selling Your Car Directly To A Dealer
Selling your car to a dealer can be an easy option, especially if the right dealer for you is based nearby.
Youll need to make sure you find the right one, however. Some franchised dealerships might buy cars of all makes, but if its not one of the same brand, they arent going to offer you the best price as theyre unlikely to retail it directly themselves.
Make sure to bring your A-game to the negotiations. Dealers are out to make a profit, and while that isnt necessarily the worst thing in the world, it does mean they know all the tricks of the trade.
This means they will look to find flaws in your car, and chip down the price. Youll need to make sure you have a clear understanding of your cars value, in order to get a good deal. Haggling is likely.
Think selling to a dealer is your best bet? Check out our handy guide to selling to dealers.
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What Is The Safest Way To Sell A Car Privately
If youd rather do a one-on-one transaction when you sell a used car rather than sell a car online, its important to limit your risk and conduct the sale in a way that safeguards you from loss.
The smartest way to sell a car privately is to conduct business with the buyer at their bank. This way, you can ensure they have the needed funds and arent left in a lurch looking for payment. Also, dont give up the title for the car until the full payment has been received. If the transaction is pending through a third-party service like PayPal or CashApp, wait until the funds deposit in your account before you hand over the paperwork.
To See Past Sales Of Similar Cars: Ebay Motors
I bought my 1998 BMW M3 convertible on eBay. Lesson learned: Make sure it’s such a good deal that you’re okay with any foibles undisclosed by the seller. So how do you know you’re getting a nice price? Do an advanced search and look at the completed listings. You’ll see what sold. Maybe even more important, you’ll see what didn’t.
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Sell Your Junk Car In Richmond Hill Today
So what are you waiting for? Dont you want to make the most cash out of junk in a bliss? Dont you want to enjoy the most convenient car removal process that will lead you to the top dollar and fairest deal? If yes, then what are you waiting for? Call Zippy Cash for Cars, because thats where youll get a stress-free car removal facility right at your doorstep.
More than 200,000 people have enjoyed selling their old cars to us, and none of them faced any difficulties. So, dont you think youre dealing with a safe company? Were ready and fired up to serve you. Get an instant cash quote from us, which wont take more than 2 minutes and wont cost a penny. Were Zippy Cash for Cars Richmond Hill.
What Is Cargurus Price
It only costs $4.95 for a 30-day listing on CarGurus. And if your car doesnt sell, you can extend the listing for free. However, if youre successful in selling your car on the site, you will be charged a flat fee of $99.
That means you will lose $100 regardless of whether you sell your car for $500 or $50,000.
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What You Need With You To Sell Your Car
No matter who you sell your car to, there are a few items youll want to have handy to facilitate the transaction:
- Some sort of photo ID, usually a drivers license
- The vehicle title, proving vehicle ownership
- Vehicle registration, showing vehicle ownership
- 10 day loan payoff, which is the amount you still owe on the car
- Both sets of keys
- Any service and maintenance records
As a final note, remember to take your belongings out of the vehicle before you sell it. Theres nothing worse than seeing your EZ-Pass get billed six months after you sold your car.
COVERAGE YOU CAN TRUST
The Best Sites To Get The Best Price For Your Used Car
So youre thinking of selling your car. With used car prices still elevated due to supply chain issues, its a sellers market when it comes to selling or trading in your vehicle. Although youre likely to get a good price for your used car, there are some options that can get you a higher profit than others. Or, if youre willing to sacrifice the highest price in favor of convenience, we also have the most convenient places to list your vehicle. Whether you want to complete the whole process online, visit a dealership, or sell your car privately, we break down the best places to sell your used car.
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How Much Is My Car Worth
The first step in getting the most value when you sell your car is understanding its approximate worth. The vehicle’s model year, brand, model, mileage, and overall condition are key factors in determining what it is worth.
Happily, there is a free resource that takes all the necessary factors into account. By visiting NADAGuides.com and entering a few pertinent facts about your current car, you will be presented with an array of useful price/value information. Included among them are rough, average, and clean trade-in values , the “clean retail” value, and a certified pre-owned value.
If you plan to trade your car in as you purchase a new vehicle you can expect to receive the appropriate trade-in value. Similarly, if you sell your car to a dealer you can expect to receive something close to the trade-in value. These are essentially wholesale prices that provide a margin of profit to the dealer when they retail the used car.
If you plan to sell your car to a private party you can expect to get a price like the “clean retail” value, since you are selling to the end-user.
