The majority of us rely on our cars to get about… They are no longer regarded as a privilege, but rather an important mode of transportation that helps us to move from point A to point B and continue with our daily activities. As a result, most of us will make every effort to purchase the latest model of car we can afford and to replace our vehicles when they begin to cost us increasingly more money to operate or when our lifestyle changes in such a way that the vehicle we are currently driving is no longer viable.
Of course, while selling your car in order to get a new one, you will want to receive as much money as possible from the sale, as this money will be used to subsidize the cost of the new vehicle in the majority of cases. When it comes to selling your car, while many stores may accept part exchanges on certain models, if you want to earn cash for your old car entirely, you have a few possibilities. Let’s take a look at some of them.
Sell your old car to a dealer
Even though you will likely receive less money for it than you would if you were to sell it privately, you will spare yourself the time and money it would take to promote and deal with queries, viewings, and test drives by doing so. The vast majority of the time, they will provide you with a part-exchange credit toward your new vehicle, but many will even pay you cash for your old vehicle in exchange for it.
Sell your old car privately
Buying and selling a car privately might be a time-consuming process, but you may receive a higher price. Putting a For Sale sign in the window of your vehicle, as well as using social media platforms such as Facebook Marketplace, eBay, and vehicle trade websites, are all options. You will, however, need to make make sure you describe it precisely and that you have a secure method of transferring payment and ownership to the other party.
Sell your old car at auction
Selling a vehicle through an auction is a straightforward and generally uncomplicated process.
There is no guarantee that your vehicle will sell for the amount you have set as a reserve, and you may end up obtaining less money for it than you would have earned had you sold it through another method. It is possible that the item will not sell for the price you have selected, in which case you will have to take it home and try again in another sale.
Sell your old car to us
Even if your car is destined for the scrap heap, here at Cash For Car Canberra we pay up to $9,999 in instant cash for your old vehicle. Our simple valuation process ensures you get a great price for your old car and we can even come and pick it up for free at a time and place of your choosing!