Should You Trade In Your Older Car Or Sell It Yourself?

Posted by at 11 April 2018, at 16 : 15 PM

Should You Trade In Your Older Car Or Sell It Yourself?

A lot of people face problems when they own their own car and this is especially the case when it’s time to sell. You may be wondering if you should try and trade in your car or you may even debate trying to sell it privately. Ultimately, whatever you decide to do will largely depend on the car that you own, the condition of it and even any financial implications that you are going to face along the way.

Private Sales

The best candidate for a private sale is if you have a car that is a very popular model. You’ll want to have a car that comes with very desirable features and with very low mileage. If you can, it’s great if you still have the maintenance receipts so when the time does come for you to sell, you can easily prove the work that you have done to try and maintain it. If you are concerned about selling your car privately because it has a couple of dents from an accident then you may want to try and get these repaired first. You may even want to contact a car accident lawyer to see if they can give you the help and support you need.


A car dealership will accept a car regardless of what condition it is in. They don’t actually care about rips, rust, dents or dings, and if the car doesn’t run then you can easily have it towed in as a trade for your next car. You won’t get anywhere near as much for a car in this condition when compared to a car that is running perfectly, but it is a good way for you to earn a bit of cash.

Your Car History

Selling the car yourself will certainly put more money in your pocket, but a lot of third-party buyers will inspect the car from top to bottom. They will also want to look inside the car to see if there are any damages and they may even ask you about accident history and even the wear on your tyres as well. If your car cannot withstand this kind of scrutiny, or if you don’t feel as though you are able to answer these types of questions yourself then a dealer might be the way to go, even though you will get less.

Should You Trade In Your Older Car Or Sell It Yourself?

Getting Paid

Of course, selling a car privately can take weeks or even months. If you need the cash fast then the best way for you to go about getting this would be for you to go through a dealer. When you do go through a dealer, you will be able to get the cash you need towards your next car and this is a very easy way for you to benefit. If you’re not planning on buying a new car, then you should always try and sell privately, unless your car is in a very bad condition and you are not able to go down this route.

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