What is the Best Way to Sell My Car?

Thinking about selling your car? There are several different ways to do it, including private sale, selling online, selling to a dealer and part exchange. Each option has its own advantages and disadvantages.

Selling Privately

When you sell your car privately, you will be in control of the price. You can set an amount and it will be up to you whether you lower it. The downside of selling privately, however, is that you also have to take control of everything else.

You will have to create adverts, arrange appointments and test drives with potential buyers and handle the paperwork, which can be very time consuming. You should also be aware that it can take a long time to find a buyer.

Selling to an Online Car Buying Company

If you want a quicker method, you could sell your car with an online vehicle buying company. Usually, you will enter your vehicle details on their website, receive a rough valuation and take the car to a local depot where it will be assessed.

While this may be easier, you might not get such a good price. If any vehicle damage or imperfections are found upon inspection, the true amount you receive is likely to be less than the original valuation.

Selling to a Car Dealer

Alternatively, you could sell your car to a local car dealer. This is a particularly good option if you want to buy another car straight away, because you could get a part-exchange deal.

In a part exchange, the amount the dealer offers for your current vehicle will be deducted from the cost of your new car, so you’ll pay much less for it. As this is all done in a single transaction at a local business, there is no quicker and more convenient method, and you’ll never have to be without a vehicle.