While selling a car might not be as easy as toasting bread, it isn’t that difficult either if you know how to proceed. There are plenty of options available even if your car is wrecked or no longer in running order.
Simple ways to sell a car:
Sell it privately
This option is arguably the most profitable one as the amount of money you get is considerably more as compared to others. But it requires a lot of time and effort – you have to find out the vehicle’s market value, advertise, talk to potential buyers, etc. You can begin by placing ads on Craigslist, eBay Motors, Cars.com, Auto-trader etc. Upload clear photos, your vehicle’s history report, and a good description detailing its condition.
Opt for CarMax
Rest assured CarMax is highly reliable – it has over 150 locations, spread across 27 states. Get your car appraised at an outlet – the process is quick and takes around 30 minutes. The appraisal is valid for 7 days, so you get plenty of time to reach a decision. If you accept the offer within seven days, you can walk away with a bank draft in no time. Many drivers have found that the appraisal offered by CarMax was significantly higher than what they received at a dealership.
Go to a dealership
The process of car appraisals at dealerships is quite fast. If you accept the offer, they will hand you cash in a jiffy! But then again, if your car is no longer in working order, the dealership might refuse to take it.
Selling junk cars
When your car becomes “junk”, it can’t really be sold, so you have to turn it over to a scrap yard, local auto dealer, or a car buying service like JunkCarinMiami.com. Selling your car on these sites is simple. All you have to do is get in touch with them via phone or fill out a form to get the car appraised. Once the figure is generated, you can accept or reject it. If you opt for the former, they will schedule a pick-up when it is convenient. The payment is handed over at the time of pick-up.
Trade it in
If you wish to purchase a new car in lieu of your old one, you can trade it in. Visit a dealership, get an appraisal done, and if you accept the offer, the amount can be used as a down payment on the vehicle you wish to buy. The dealer takes care of the paperwork and other tasks, so you drive in with your old car and drive away in a new one!
Now that you know about the ways to sell a car, you can explore a myriad of options, weigh the pros and cons, and then decide.