So your going to buy a new car! Why are you getting a new car? Is it because it's on it's last leg, or you just got the urge to drive something different. Or maybe you presently don't own a car or truck. If you do have a vehicle currently the next question you have to ask yourself is do I sell it or trade it.
This depends on several factors. First how old is your car, is it in good condition? How many miles are on it and does it have any rust or body damage?
If you current car or truck is in good shape you might consider selling it yourself. The difference between what you could sell it for and what you would get in trade could be a lot of money.
The dealership likes to take in trades, especially if their in good condition because they know they can clean them up a little and put them on the used lot where the profit margins are a lot higher than on new cars. The problem for you is no matter how good you took care of your old car you going to get wholesale dollars. What level of wholesale depends.
So I guess the answer boils down to how bad you want that new car, if your willing to spend some time and money and sell it yourself or if you just want to move on and trade it in.
There is no wrong answer it is simply a matter of what your end plan is and whether it's worth taking the time to sell your old car.
This depends on several factors. First how old is your car, is it in good condition? How many miles are on it and does it have any rust or body damage?
If you current car or truck is in good shape you might consider selling it yourself. The difference between what you could sell it for and what you would get in trade could be a lot of money.
The dealership likes to take in trades, especially if their in good condition because they know they can clean them up a little and put them on the used lot where the profit margins are a lot higher than on new cars. The problem for you is no matter how good you took care of your old car you going to get wholesale dollars. What level of wholesale depends.
So I guess the answer boils down to how bad you want that new car, if your willing to spend some time and money and sell it yourself or if you just want to move on and trade it in.
There is no wrong answer it is simply a matter of what your end plan is and whether it's worth taking the time to sell your old car.
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