Why selling your vehicle is better than trading it

The first thing that comes to mind when you own a used vehicle is trading it in for another vehicle. If you’re thinking about trading in your used vehicle, there are some things the average seller may not want you to know.

For example, a car salesman often increases the cost of the new vehicle you may be planning to buy. This popular tactic allows the car dealer to believe that he is getting a really good deal with a trade-in. However, the dealer is actually selling his car for a very high amount of money. So, if your trade is worth $4,500, the dealer will offer you a trade value of $6,000. The $1,500 difference is actually hidden in the sales price of the new vehicle he is buying.

Car dealers often avoid paying you a lot of money when they trade in your used vehicle. Car dealerships use appraisers who have been trained to trick consumers into believing that their trade-in vehicle is worth less money. They have a talent for making sure you’re in a position to watch as the appraiser circles your trade-in vehicle and points out every flaw, even barely noticeable scrapes and scratches. As a result, the consumer will agree and accept less money than the vehicle is worth. For car dealers, it’s just a numbers game.

If you want to get the most money out of your car, you’re better off selling it on your own. Today, there are a variety of alternatives if you choose not to trade in your used vehicle. You can post an ad online, place an ad, or you can use a professional car buying service.

Placing ads in newspapers and on the Internet is good, however it often comes with great risk. For example, placing your ad with your contact information may attract misguided people. When you use a professional car buying service, this completely eliminates contact with unpredictable strangers. When looking for a car buying service, make sure it’s a licensed, bonded, and insured company. Finding a reliable car buying service is easy, all you have to do is research and take full advantage of the easiest methods that will get you the most money for your used vehicle.