According to a recent Edmunds used vehicle report, demand for used cars is dropping and so are their values as the new-car market rebounds from pandemic-induced shortages. This is especially true for 1- and 2-year-old vehicles. So there’s never been a more critical time to know whether it’s better to sell your car privately or trade it in.
Both options have their advantages and drawbacks, and the best decision largely depends on your circumstances, priorities and preferences. Edmunds’ experts run down what you need to know to make an informed decision.
Selling your vehicle privately will likely yield a higher sales price than trading in at a dealership. By doing so, you’re essentially cutting out the middleman. But you’ll likely pay for that profit in the time and energy you spend marketing your car, negotiating a sale, and managing the transaction itself. Whether a private sale is worth it comes down to time — how much you have and how you want to spend it.
Related articles:
Related suggestion:
China's top antiRory McIlroy and Shane Lowry remain tied for lead in the Zurich Classic of New OrleansHaniger hits grand slam in Mariners' 6Queen Maxima of the Netherlands dons sophisticated blue suit to meet the Nigeran PresidentMississippi lawmakers consider new school funding formulaFM spokesperson refutes western accusation of overcapacityFEC fines exUN warns Sudan paramilitary forces are encircling a capital in western Darfur, urges against attack1 climber dead, another seriously hurt after 1,000China's top anti
2.8017s , 6497.5703125 kb
Copyright © 2024 Powered by Edmunds: Trade or sell your car? What's best might surprise you ,World Wave news portal