It is always tricky to know whether to sell your vehicle privately or trade it in. Here are some tips for you that may help you with your decision.
There are three types of buyers for your vehicle:
1. Someone You Know
When you sell to someone you know, it tends to make things easier; they trust you have taken care of your car. However, many people are shy to sell to friends; if something goes wrong with the vehicle you may feel guilty or be blamed for it.
If you are looking to sell to someone you don’t know, you will need to cast a wider net. One tip when it comes to online selling: it is a delicate balance between having the lowest price (because you are competing with more people) and the best value (or condition/low mileage).
3. Car Dealers
When you trade your vehicle you are selling it to them for the price they would pay at a dealer suction. Dealers are making money off of you when you trade in a vehicle.
We wanted to share this information with you because at Legacy Ford Rimbey you are treated like family. We want to help you with your car buying experience.