What to Watch Out For When Selling Your Used Car to a Dealership
There’s plenty of options these days when selling your used vehicle and making sure you’re getting best deal with the least amount of hassle should be a top priority. Going straight to the dealer where you bought the original vehicle isn’t always the best way to find the best option – especially when you’re planning to buy a car right then and there.
Here’s a quick list of questions to consider before you sell your car or truck back to the dealer:
- Is the dealer one that primarily deals with new vehicles or do they specifically service used vehicles?
- Should you go to the same dealer where you bought the original car?
- Are you planning to buy a new car immediately as you sell your old one?
- Is the vehicle actually in demand at the moment, or has the model fallen out of favor with current auto trends?
- How well kept is the car as a whole and would cleaning or a tune-up be required?
Is the dealer one that primarily sells new vehicles or do they specifically service used vehicles?
If your planning to buy a new vehicle right as you sell your used car or truck you should consider whether the dealer is actually selling any vehicles similar to yours on the lot. If they are primarily focused on new vehicles the value of your trade-in is dramatically lowered in the dealers eyes as the car will either be scrapped for parts, or handed off to another used car dealer.
If your planning to purchase a new car you should consider getting quotes from some other local dealers before you walk in ready to purchase a new car. WeBuyAllCarsinNJ.com provides an easy way to get the maximum value from your used car.
Should you go to the same dealer where you bought the original car?
Your purchasing habits will impact whether you should hold any loyalty to your original car dealer. If you are the type to sell and upgrade your car quite frequently (every 2 years or less) you may find you get the best deal from your original dealer – especially if you maintain a consistent relationship.
Longer term owners wouldn’t see the benefit from returning to the same dealer – especially because of how much value diminishes the longer the car is in possession.
Despite both of these purchasing habits – getting additional quotes on the price of your car only opens up more opportunities for negotiation if you decide to work with your original dealer.
Are you planning to buy a new car immediately as you sell the old one?
While this method seems convenient people ready to purchase a car that day are often barraged with options, financing, contracts, and salespeople as they take the time to sort out their impending purchase.
Getting a good value for your existing vehicle can often be pushed to the back of your mind and haggling over a few hundred dollars on your trade-in value won’t seem as important. Although We Buy All Cars in NJ doesn’t base our quote value on how much superficial work is needed on the vehicle (basic cleaning, etc) many car dealers will factor that into their quote.
Always consider getting multiple quotes before you sell a used vehicle.
Is the vehicle actually in demand at the moment, or has the model fallen out of favor with current auto trends?
Certain cars (especially those heavy on a more eclectic design) tend to fade in and out with current auto trends as buyers change their opinions.
Certain models or makes may not be produced by the company anymore (for instance the PT Cruiser) which could frighten potential buyers into thinking parts for the vehicles may become sparse as they age and require more repairs.
For these types of vehicle you should always research buyers that focus on your specific make or model, or buy a wide range of different vehicles.
How well kept is the car as a whole and would cleaning or a tune-up be required?
The condition of the car can certainly impact the value of a used vehicle especially if you’re heading straight to a dealer vs. a car buying company. Bringing a car in poor condition onto the lot of a dealer who’s inventory is stocked with new and used vehicles can an unfortunate visual indicator that your vehicles condition will have a larger impact on your trade-in value.
We Buy All Cars focuses on purchasing cars from customers at a competitive price without having to deal with the hassle of a dealership. We’ll purchase your used car whether it won’t start or even if it’s been in an accident. Call us at 1-800-768-4516 to get an immediate quote from our staff.