Trading in car help!?

  • Thread starter Thread starter lifeiscrazy
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lifeiscrazy

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I have an older car that has been paid off for about a year now. I am thinking about buying a new car. I don’t know much about cars so I am not interested in selling my car on my own. Can I trade it in and where can I do that?
 
Trading in against Selling private. There are pros and cons on both side so, lets have a look at them.

Trade in..

Pro; You get rid of your and there is no further hassle. You don't need to feel obligated to provide some kind of warranty or assurance to buyer.

Con: You will get less money for the car. If your car is valued at $5000 on market, they will still give you around the same amount of money but, you will pay more for the car you are buying. If your car is too old or not interesting and if they think they can't sell it in a hurry, they will not trade it in or give you next to nothing for it.

Selling Private..

Pro; You will get more money or at least, market value of car and you will have cash to bargain for car and pay less for car from a dealer.

Con; You don't know who will buy your car and they might make it difficult like, want warranty or if something goes wrong or broken within first few weeks, they might comeback and annoy you.

If trading in is your thing, just take it to any car dealer whether New or Used cars, they will give you trade in value and you negotiate with car you want to buy. Good luck..
 
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