Should I trade in my used car?
When looking for used car buyers near me, most people decide to trade it in when buying the replacement.
While that might save a trip to the dealer, sellers ultimately won’t get the most value out of their used car.
Your local dealers are in business to make money from their used car inventory. When accepting trade-ins, their goal is to buy your car from you for as little as possible. By doing so, they improve their margins when they resell the car.
This should be obvious, but it’s worth considering when entering the trade in process.
Of course, if you’re buying a new car from said dealer in the same day, the convenience of doing a single transaction is hard to beat. But is it worth the convenience to sacrifice some of the value of your used car?
Once your receive your trade in offer from the dealer, reconsider if it might be worthwhile to seek a private sale because you might be missing out on hundreds or even thousands of dollars.
What are used cars worth?
The value of your used car will depend on a few factors, including the make, model, and condition.
The make of your car, or the automaker, is the brand on your hood and dashboard. Everyone recognizes the higher-end types of cars like BMW, Mercedes, and Porsche, although the most commonly driven are brands with lower prices.
The make of your car does have a big impact on its value, although a junk Corvette is no better than a good, used Honda.
The model of your car will have a slightly lesser impact on your used car’s value. However, factors like collector models or rare models provide bonus value to your used car. If your car is beat up but is coveted by a local body shop, they’re likely to pay a premium to buy your used car privately.
Your car’s condition will have the biggest impact on what it is worth. If a buyer can check off that the car runs and has all of its parts, then their offer will have to be competitive. If their offer isn’t competitive, you’ll likely get more consistent offers listing it for sale online.
But if your car is junk and doesn’t run, you’ll be limited to who can haul it away. Plus, some companies charge for the cost of towing your car (NOTE: InstantOffer.com offers free towing with each car purchased!).
Where can I sell my used car near me?
Depending on your location, you may be close to a local junkyard or local car dealer that can buy your car. Remember, your offers will vary greatly and one should always research before driving into a transaction. And there’s no need to go to the DMV.
Fortunately, everyone in the United States has access to companies like us who buy used cars from all over. Since we tow all cars for free, you don’t have to worry about your location or the weather to sell your used car.
So no matter where you are in the U.S., be it Washington, Maine, or Georgia, we will pick up your car for free and pay you cash for it.
There are a plethora of used car buyers near me, you, and Kalamazoo to pay for your used car.