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Trading in your old car vs selling it yourself

When it comes to getting rid of your car, you often have two options. Sell it yourself privately, or trade in your car at a dealer as a part exchange for your next motor. But knowing which is the best option can be difficult to work out. Here is our guide to the two options.

Trade in

Trading in your car is often the quickest and easiest way to get money for your old car. You don’t have to worry about putting the car on a classified advert, nor do you have to wait around for private buyers to come to your house.

Dealers will also often have added incentives in order to get you to part exchange your car with them. This can be extra value to your car, or discounts on the model you’re purchasing.

Sell it yourself

The best part of selling a car yourself is that you get to keep all the cash for yourself. That gives you more flexibility in terms of what you do with the money. You may also be able to get a better price than what the dealer would give for your vehicle.

If you are in no rush, you can take your time to wait for the right offer. There are also lots of different options available in terms of where you sell your car, giving you an added bit of flexibility.

Value your car

No matter if you trade in your car or sell it yourself, you need to get an honest valuation of your car. Use an online car valuation tool that is free and accurate. That way you will know what sort of price a dealer or private buyer should be paying for your car. If they don’t offer the car’s value, then you can stop the sale and wait for the right offer to come in. 

Car Buying Tips  23/11/2018 10:54:17

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