The Difference of Selling your Car Private or Trading it in at the Dealership

This is a question a lot of people ask themselves, and you should when looking
to purchase a new vehicle at a dealership. Your vehicle has been a part of your
life and holds a certain value whether its monetary or sentimental. There are
advantages and disadvantages when making this decision and it is different for
each situation.

• Don’t have to sell privately
• Tax savings passed on to the new vehicle purchase
• Don’t have to wait for a buyer and can drive away in
your new vehicle sooner
• Proper paperwork and process including paying out
your current vehicle lien
• Carrying over a balance of previous loan
• Accepting less money for the vehicle than you could
potentially sell it for yourself
• Feeling uncertain that you are getting the best value
• Having to trust what the Salesperson is telling you

When you trade the vehicle in you don’t have to sell the car privately with
people coming to test drive it that you possibly don’t know which can have
risk – your Insurance coverage and theirs, their driving record or habits, theft
along with marketing and advertising the vehicle yourself. For consumers who
want to sell privately we recommend having an AMVIC Inspection, repair any
safety items, have the car detailed and provide a Carproof report for potential
buyers. To help consumers better understand the dealership process we need
to complete all these to prepare the vehicle for sale, pay to advertise the vehicle,
pay commission to a salesperson for selling the car and lastly making some
profit for the business.

If you are looking to sell your car privately we can assist you with that process
too, we offer a variety of inspections with detailing services and will assist on
the ad write up. We hope this information was useful and if you have any
further questions that we can help with please don’t hesitate to contact me at
the dealership 403.343.6633

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