Don’t let the higher prices of new and used cars get you down. Take advantage of this change in the price structure when you see a “We Buy Cars” at your local dealership.
Now is the perfect time for you to get the most money for the car you no longer drive. Don’t let your old car just sit in your driveway collecting dust and rust; turn it into cash by selling it to a dealership that will give you top dollar for the vehicle you no longer want to drive.
Inventory Shortages Equals Higher Prices
Since the pandemic took hold of the world, businesses have struggled to get back to the levels of normal we saw in 2019. The automotive industry isn’t immune to the troubles of the global problems the pandemic has caused. In fact, you’ve likely heard many times about some of the challenges automakers are facing. A shortage of inventory created an industry where the average price for a new or used car has increased significantly. If you’ve got a car to sell, you can reap the benefits of this situation.
Take Advantage of Higher Prices With Your Old Car
Whether you’re still driving your old car or you’ve set it aside in favor of a new one and know that you’re going to sell it eventually, it’s time to turn that older car in the most cash you could ever get for it. Right now, the prices are high, and that means you should sell your old car. It’s kind of like the stock market; you want to sell when the price is high and buy when the price is low.
But how should you sell your old car?
Should You Try Selling on Your Own?
If you’ve scoffed at the “We Buy Cars” signs you see at dealerships around town and think you could get the most money for your vehicle by selling it on your own, good luck. Selling a car requires a lot of time, energy, and inconvenience. Unless you have a close friend willing to give you top dollar for your old ride, not likely. You will have to put up with some of the hassle that goes with trying to sell a car on your own.
List Your Car on Sales Sites
Make of the online sales sites allow you to post your vehicle free, but you have to put all of the information into the site to be taken seriously. Potential buyers are going to want to see clear pictures of every angle of the vehicle, know the mileage, how long you’ve had it, whether or not it was in an accident and some of the features of the vehicle. Once you have your car listed, it’s a waiting game to see if it grabs the attention of any potential buyers.
Shady Places for Test Drives
If you do happen to grab the attention of buyers and set up test drives, you’re putting yourself and your vehicle at risk. Sure, the next buyer is going to want to take your vehicle for a drive, that’s understandable, but you don’t know them. Even if you feel safe giving test drives, which is time and energy you have to use that you’re putting into the sale of your vehicle.
Expect to Get Less for Your Vehicle
The price you ask for when you sell your car on your own will not be the price you receive. Almost everyone you meet will expect you to lower the price to what they want to pay for your vehicle. This is a natural part of the sales process, but it happens more with private sales than at dealerships. Once the price is finalized, you’ll have to decide if the work you put into selling your old car was worth what you got out of it.
There is an alternative.
Take Advantage of the “We Buy Cars” Banner
Your local dealership is advertising that they want to buy your old car. Many dealers tell you they don’t care about the miles, years, or condition of the vehicle; they will buy your old ride if you drive it in and see them. Of course, if you’ve got a car that you know could be worth quite a bit, you want to clean it up and allow it to bring the most money for you.
Receive a No Hassle Offer
Typically, once you bring your vehicle to the dealership and tell them you want to sell your car to them, it won’t take long at all for them to draw up an offer. You’ll have time to decide whether you want to take the offer as it is or reject it. If you choose to take the offer, a check will be cut, and you’ll turn over the keys and title to the dealership team. It really is that simple.
Its Your Money; Use It How You Want
You might ask yourself whether or not there are strings attached to the offer made by a dealership. When it comes to the “We Buy Cars” program that many dealers advertise, there simply aren’t any strings at all. You can bring your old vehicle to the dealership today and leave it there with a check in your hands. The money is yours to do what you want. You could put it toward your next ride or add it to your savings account; the choice is yours.
How Will You Sell Your Old Car?
When you want to take advantage of the higher prices being paid for cars, you have two choices. You could sell your car on your own, or you can bring it to a dealership and let them pay you top dollar for your old vehicle. Selling a car on your own requires a lot of time and energy on your part, and you might not get a good price for your car. Forget the hassle and pull into your local dealer that has a “We Buy Cars” sign that tells you it will be easy to sell your car and get the money you deserve.
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