You are tired of your used car and you feel the desire to get a new one. Before the new purchase, you need to sell your used car, but where do you start? You need to choose if you want to sell it privately or with the help of a second hand dealer. Let’s explore the advantages and disadvantages of both options.
Why sell your used car privately:
– You get more money. Selling your car privately will yield you a bigger profit as you are doing all the work and the final sale is yours. Dealers need to make their own profit, so they will offer you less money for the car. There is no alternative argument for this. No matter how much you sell your used car for to a dealer, selling it yourself is more profitable.
– Satisfaction. For those who enjoy selling things, you may feel happy once you have sold your used car. You may get a good deal and your hard work has paid off.
Why sell your used car through a second hand dealer:
– Saving time. Selling your car privately can take a lot of your time. There is no given time frame for selling your used car, but with a dealer, it takes only one trip to the dealership. However, if you have the patience and understand what it takes to sell a car, this problem can be eliminated. At the end of the day, you still won’t yield the same profit if you sell your car privately.
– You don’t have to pay for advertising. Your used car won’t just sell sitting on your driveway. You need to advertise it, which could potentially cost quite a bit of money. On the other hand, online advertising has become very popular. The great thing about online advertising is that some sites give the option of free advertising. Moreover, there are paid options available as well, but unlike traditional advertising; online advertising is easy on the pocket.
So there is no single answer for everybody selling their used car. Both selling it privately and going through a car dealer has its pros and cons, but selling your used car privately has more advantages.
Statistics show that more and more car owners choose to sell their used car privately. You could do it by placing an advert in a local newspaper or a national magazine. As mentioned above, car owners advertise their existing cars on-line, either for free or through paid adverts on particular sites. You could sell your used car in Ontario without even leaving your home.