Trade-in Vs. Private Sell Part 2

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We’re back with the second article of this series to help you determine what you need to do with your vehicle. It’s important to state that there isn’t a definitive answer for every person. Both trading in your car and selling privately have their pros and cons. One option may just work better for you than what it would for me. Let’s look at what is next.

One of the disadvantages of a vehicle trade-in is that you’re going to get less money. Your car’s trade-in value will be less than what you would get if you sold it yourself. The reason is that dealerships have to turn around, recondition your vehicle, and sell it for a profit. They wouldn’t be able to make any money if they paid you the market value of your car. Unfortunately, that means that you won’t get as much money.

You can use a few online sites like Kelley Blue Book to determine what your vehicle would get as a trade-in or private sale. You may want to look this up to help you see the two options and how much money you can get for your car.

If you decide to sell your vehicle on your own, then you’re definitely going to get more money. This is the most significant selling point for trying this option. The downside, however, is that you’ll have to clean your car up and ensure that it’s running correctly.

When you visit www.johneaglehonda.com, you can look through the inventory to find a vehicle you’re interested in. Once you find something, you like you can visit this dealership to find out the trade-in value of your car. Wait until next time, and check out what we suggest you do next.

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