Quick Sale or Best Price?
- Author Neil Sykes
- Published December 16, 2010
- Word count 664
Where to sell my car?
The best way to sell your car is through a newspaper, car magazine, or on the internet but this does take a little work and can take time. Should you need a quick sale, the easiest ways are the car auctions, trade your car in at a dealer or use a cash for cars company.
All of these options will only get you a trade price but will allow you to sell quickly with the minimum amount of work.
Car Auctions
An auction is a great place to find bargains and buy yourself a cheap car… so it follows that his is not the best place to sell if you want to get top dollar for your vehicle. You can put a reserve price on your car which will help you get a reasonable price and a quick sale, but there is no guarantee that your car will sell. And remember that the auction house will charge fees and commission.
Trading your car to a Dealership
If your dealership is offering you fantastic deals on a part exchange, then why not take it? If it sounds too good to be true, it probably is. If you are offered £1000 for your old banger or some similar deal, the dealer will probably giving with one hand and taking away with the other, making up the money elsewhere… but if it gets your old banger off your drive, it may be just as well to take it anyway. Often Dealers do find themselves desperate to sell; maybe the manufacturer is bring out a new shaped model and they want to get rid of the old, or maybe they just want to have a sales drive so that the media can report that their model was "The best selling car" for any given month. And this is when you will get the best deals when trading in.
Once a dealership has bought your car, they are going to have to either, sell it on retail, trade it to another dealer, or get rid of it at a car auction (or a scrap yard). You may think that because the car is no longer yours, it's not worth worrying about, but it's worth keeping this in mind. If your car is only a few years old, it will be well worth the dealership selling retail. If this is the case, try and look for a dealership that actually sells your kind of car. If a dealership doesn't sell your make of car, your used car is going to be worth less to them. Likewise, you will probably get more money if you trade your Ford to a Ford dealership if it's one they can retail, ie, it's worth money to them because it's within their mileage and age criteria.
Any dealer or trader that ends up with your car, will spend a bit of money cleaning it up, and then sell it on for a profit. So really, it makes sense for you to clean your car up, sell it privately and keep that profit for yourself… it's not as difficult as you think!
If you want to know if it's going to be worth doing, you will need to value your car to see how much it is worth and could be worth. We will show you how to do this later on in this guide.
Selling Privately
Without doubt, the way to get the highest price for your car is to sell it yourself. This will get you the best price but does require a lot of effort and can be alot of hassle.
Cash For Cars Company
A cash for cars company is an excellent way to sell your car quickly and easily, even more so if you can find a cash for cars site such as dealerbid.co.uk that will offer your car to lots of dealers and increase your chances of getting the strongest offer quickly and easily.
Dealerbid is the UK's cash for car comparison website that will increase your chances of getting the best possible cash price for your car.
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