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I want to sell my used car to a dealer

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Here is your tasty answer and steps you can follow to sell any used car to dealer easily with good price and without hassle. There are always questions come in mind when thinking about selling a used car like how much is my car worth? Where to find reliable used car dealer that will buy my car with high price? Where should I advertise? What is the procedure to sell my used car? Here are some of the answers for all these questions.

Here are some tips for all the common questions you will ask when you are trying to sell any used car to either a dealer or direct buyer.

When is the best time to sell my car?

A new car will depreciate at least 10% by the moment you drive your new car out from the showroom. It is strongly recommended think twice or three times before you decided to buy a new car to prevent any regrets. Generally, there will be a “selling point” and that is the best time to sell your car. Selling point is the time right before your car start giving you problems and start to suck money out from your pocket for repairs. A good point to sell away your car is when the mileage has reached around 60,000 miles to 80,000 miles or when it is around 3 to 4 years old.

How to sell a car with high value?

So you have decided to sell of your used car and plan to get a new car. The tricky question is how to sell a car with highest value it can go? Do some researches before you drive your car to any used car dealer near you. Get the market value of your car from Kelly Blue Book, NADA Guides, or any Buy & Sell online market place in your area. Drive the car to few local used car dealers near to you and ask for a quote. Show them you have done your homework and request for higher price.

Want to see a car to a dealer but still have loan?

For any used cars with loan, you will need to inform the bank about the sales with used cars dealer. This is because the bank is holding the title of the car before the car loan is fully paid.

Let’s say the agreed selling price between you and the dealer is $42,000, the remaining bank loan is $18,000. Generally, dealer will pay you the amount of $42,000 – $18,000 = $22,000 when you hand over the car and key. Another $18,000 dealer will have to pay it to the bank to change the title. Everything has to be stated clearly in car bill of sale among you, bank, and the dealer. Always remember keep your bottom price firm no matter how dealer try to press down your press.

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