Selling a Used Car - Sell Car to Dealer vs. Selling a Car Privately

Selling car to dealer and privately are the main car selling methods which sellers choose around the world. Though the conventional car selling methods are still there but many new and advanced car selling methods have also been introduced. As car selling could be difficult for many, there are online platforms that can help to sell your car quickly and for free. Whereas, not many car sellers want to do all the effort to sell their car privately and choose dealers or third party mediators for selling a car quickly.

Here are some important details on selling a car to dealer and privately, how both these car selling methods can be useful and helpful for sellers.

How Does Selling Your Car to A Dealership Work

Usually, the sellers take their car to the dealer for a quote, where they give you a tentative estimate without even inspecting your car properly. While they will also convince the seller to go for a trade-in as most car sellers want to buy a new vehicle and thus trade-in helps them get a new car easily. There is one main objection in this method, as the seller will also give the old car and the price of the old car will be adjusted in the new one. In this way, the seller will get a low price for the vehicle, the car dealer will get a commission from both sales and also some extra profit from buying the old car.

Many car sellers are aware of this fact but had no option if they want to sell their car quickly. However, there are some professional car dealers as well who cater to the demands of the seller and do what is beneficial for both, them and the sellers. Also, professional car dealers help sellers in post-sales paperwork.

While when selling a car to a dealer, sellers must also be aware of the fact that they can also encounter fake or unprofessional car dealers. Who are a bigger risk and leave the seller with loss, also the unlicensed car dealers cause more troubles in post-sales paperwork as well. The sellers has to beware of such dealers before deciding whether to hand over their vehicle or not.

Selling a Used Car privately

The new method of car selling is selling a car privately, this may include social media, online classified websites and newspaper classifieds. As sellers are not aware of the pros and cons of private car selling they could also suffer during the sale process. That is car experts advice sellers to do some research before putting their car on sale, as this could be helpful in many ways.

This is essential to know the value of your car first to start the selling process. As the estimated value of a used car determines its selling and whether that would be sold quickly or not. Also, a realistic price attracts more car buyers, as compared to an insanely high price for a used car. The car sellers must be aware of the fact that the presentation of a vehicle matters a lot no matter what selling method is. The sellers must follow the guides to enhance the appearance of their car to sell it quickly and for a good price.

Not many car sellers are aware of the fact that private car selling could be dangerous and risky as there is not authentic medium of judging the buyers. It is advised by the sellers to look out for buyers that sound serious and interested in buying your vehicle. Do not let every caller see or test drive your car. Once the deal is finalised and all payment is completed, only then handover your vehicle to the seller.

Takeaways

Selling a car privately or to a dealer both can be good and bad depending on the situation and how the process is done. There is not a single method which suits to everyone, while there are no evidence that any particular car selling method would be risky for everyone. The sellers must gather all the information first and do their research. Look out for professional car dealers and their license before choosing them.

There are car buying specialist companies also who can buy a car no matter what condition it is. Not many options are available for bank financed cars, but car buying specialists will buy such cars as well. The car sellers find this platform safe and easy as it requires no efforts by the sellers and they can collect cash quickly as the car is sold. From estimating your car to post-sales paperwork, everything is managed by the company. Sellers only have to check the value and take their car to the branch, and an expert will handle everything.