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Selling Your Vehicle to a Dealership

Are you looking to sell your vehicle? What do you think is the best way to go about it? Many people find themselves wondering this question. There are quite a few options for selling vehicles. One of the most popular ways, and often times the easiest, is to simply have a dealership buy your car from you. The process of selling your vehicle to a dealership can be quite confusing and time-consuming. This article will give some tips on how to get started with that process and why it may be a good idea for many people in different situations.

How does selling a car to a dealer work?

If you’ve never sold a vehicle to a dealership before, you might be wondering what steps need to be taken for the transaction to go smoothly. The process is actually quite easy and all that’s really required is a phone call or two and some paperwork signed by yourself. Before taking your car in for appraisal, it’s smart to first check with the dealership to see what they can offer you. There’s no point in going through all the trouble of selling your car only for them to offer a price that isn’t as good as what you would have gotten elsewhere. Some dealerships will even provide an appraisal without you having to bring in your vehicle first, just call up and talk with one of their managers to see if that’s a possibility.

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The Pros and Cons of Selling Your Car to a Dealer

The Pros are:

The dealership will either pay you upfront or provide you with a check. This is the biggest pro of all when it comes to selling your vehicle to a dealer, because you don’t have to do any waiting and can sell your car in one day if everything goes well. Selling through this method also allows you to get rid of the headache of dealing with people and having to be on the lookout for potential scams. You can still get a fair price, even if you don’t have any idea what your car is worth because you’re selling it to a company that will look at it and determine its value.

The Cons are:

The amount of money that you’ll receive by selling to a dealer won’t be as high as if you sold it privately. Your vehicle will no longer be yours, and the dealership will have control over what happens with it from that point on.

If you don’t like the price they give you, or their decision to repair your vehicle so that they can sell it at a higher price, there’s nothing much you can do about it unless you really want to go through the hassle of finding another buyer for your car. Some people find this process annoying because they feel like other potential buyers are going to low-ball them in order to try and get the car for less money once they see how much the dealership paid for it.

Getting Your Vehicle Appraised by the Dealership

When it comes to actually getting your vehicle appraised, this process varies from dealership to dealership. You can contact a company directly and ask them if they’re able to send out a representative who will come out to your location in order for the appraisal to take place.

The other option you have is that you can bring the car in for appraisal yourself. There are pros and cons to both of these methods. You may find that a representative coming out to your location might be more convenient than having to bring the car in yourself, because it will save you from having to worry about transporting the vehicle.

However, sometimes finding someone who’s willing to go out for an appraisal is difficult if you don’t know someone who works at a dealership and can make a call for you. For most people, it’s easier to just go in and talk with the manager who will be doing your appraisal.

Additional Read: Facts to Know about Car A/C Maintenance & Repair

How to increase your car’s resale value

New cars depreciate in value the moment you drive them off the lot, but certain parts of your car’s resale value are out of your control. However, there are also some ways that you can increase the price you get for selling it when you’re finished with it. Here are the following ways you can increase your car’s value:

Having proper documentation.

Keeping your car’s records in good condition, and keeping them up to date is important when selling your car. If you don’t have any repair records for your car you’re going to have a hard time selling it. Gather documents from your car insurance company, including any paperwork related to insurance claims. Update your service history, and take photos of your car before selling it. Without proper documentation, potential buyers will have difficulty assessing the overall quality of your car.

Stay on top of maintenance

It may seem difficult, but if you want to maximize your vehicle’s value, staying on top of routine maintenance will help tremendously. Keep all of your records up-to-date, so that you can let potential buyers know about the maintenance you’ve completed.

Fix the issues

Taking care of outstanding repairs is another way to boost the value of your car. If you’ve been ignoring issues with your car, it will be hard for a potential buyer to see past these problems. You should make sure that any outstanding repairs are taken care of before putting your car up for sale.

Price it right.

You don’t want to price yourself out of the market when trying to sell your car, but you also don’t want to undersell it either. Find a balance between the price you are willing to accept and the amount of money you’re hoping to get for your car.

Don’t wait too long

The longer you have been driving your car, the more valuable it is going to be as a used vehicle. You may want to sell it before “that big problem” happens. Three years of driving is a good time to think about selling your car, as the value will still be pretty high.

Selling your old, unused car isn’t always easy, but for a fair price, it becomes more and more worth the time. If you follow the steps outlined above, you’ll be able to sell your car for even more money than you originally expected.

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