Are you wondering what to do with that old car when it's time for your new car to take it's place in the driveway
? Unless you are passing the car down to a teenager or keeping it as a "spare", you will probably want to do one of two things to get some money for your old car. You can either take it to the dealer to be considered as a trade in or sell it privately on your own. Both methods can get the car off your hands, but which one is right for you? There are three main factors that you want to consider before you make your final decision.
Time- How long are you willing to wait until you benefit from the sale of your car? If you have no time restrictions, than a private sale might be right for you. On the other hand if you don't have the time or energy to sell the car on your own, trading it in at aFord dealership may be the best avenue for you.
Price- As a general rule, a car sold via a private sale will garner more money than one that is traded in. If you want the most money for your car, you should most likely consider investing the time and effort to sell it privately. This of course is based on the third condition;
Condition- A well maintained used car that is in good shape and still road worthy can be sold privately for more than you might get from a Ford dealer. Conversely, a vehicle that has seen better days, one that might not look the best on the inside or out- this type of vehicle might bring in more money via a trade in than trying to unload it to a private buyer.
Consider all of your options as well as your needs before making your final decision as it could mean the difference between a few dollars or a few hundred dollars in your pocket.