Wondering where you can sell your vehicle for the most money? It all depends on the vehicle’s age and condition.
There are many reasons why you may want to sell your car, truck or SUV but the only thing that matters to you is getting the most money for your vehicle. Many places provide car buying services that offer instant offers for used vehicles. We provide several options on who you can sell it to make the biggest profit from the sale.
Selling Car Privately For Cash
You’ll make the most money by selling your car privately for cash. A direct transaction between the seller and the buyer will get you the most money because there is no middleman meaning you profit 100% of the sales price.
While the upside to selling a car privately is you’ll get exactly what you want from the sale, the downside is the amount of time and effort it will take for you to sell your car. Many people do not take into account how long it takes to create “cars for sale” listings on Craigslist, Facebook Marketplace and other online car selling websites. Then, you’ll need to respond to each inquiry, show the vehicle and in most cases, you’ll end up haggling over the price.
For some people, this is the preferred way to go while the majority just find it way too time consuming to sell a vehicle on their own.
Which Dealership Pays The Most Money For Cars
Carvana and Carmax are two trusted dealership who purchase used cars. These dealerships as well as manufacturer dealerships will offer different amounts to purchase your vehicle. They also only want to pay for cars they can resell. If you have an older car, they will not buy it. Instead, you’ll be offered a trade-in offer as a deposit for a new vehicle purchase. Even then, you may be better off selling it yourself or calling a local wrecker to buy your junk car.
Same Day Cash For Cars
The fastest way for you to pocket instantly is to sell your vehicle to a junk car buyer or a junkyard. The best place to find a junker is to search on Google Maps for car buyers in your local area. Call a few to get quotes and ask them to provide the offer in writing to ensure the cash amount they offer is the amount you will get paid. When making calls for quotes, one thing to keep in mind is to not always fall for the best cash offer. If most are offering one amount and another company offers much more, you are likely being set up for a bait and switch.
Selling Car For Scrap
Not all vehicles are intact. If you have a car, truck, SUV or van that you salvaged parts from, you can still sell the vehicle to a junk car buyer. By doing so, the vehicle remains will be recycled properly.