When purchasing your brand new car from a car dealer it is much more convenient to get rid of your old vehicle by trading it in. Doing so can mean that you'll lose money it is wise to work out how much you'll lose prior to completing the deal. Ask the car dealer to give you the 2 prices, i.e. the price with trade-in and the price without trade-in. Use a guide like Parkers to see how much your vehicle is worth if you sell it privately. With these figures you can work out if you are happy with the trade-in deal you have been offered. If you are not happy try to re-negotiate the price with your car dealer.
Trading in your existing vehicle is a lot less bother than selling your car privately doing so can save you a lot of time and effort. Once the car dealer has your old vehicle it is entirely the responsibility of the car dealer. If the person that they then sell it to experiences any problems with your old car, it is solely the responsibility of the dealer to sort out any issues.
Should you still feel that you will lose too much money by trading in your old vehicle talk to your dealer about selling your old vehicle on commission. most dealers will do so for a small percentage of the final sale price, but you'll be responsible for rectifying any issues with the vehicle.
Should your vehicle is oldold that it is of little value consider giving it away to a charity, a family member or a friend. There are also a few re-cycling websites out there that tausedold vehicles for free. To protect yourself from being liable for any fines relating to yousedold car make sure that you get documentary proof of the change of ownership even if no money changes hands. Notify the DVLA of the change of ownership. If you are a reasonable mechanic you can break yousedold vehicle into parts and sell the spares via the local newspaper or eBay. Depending on its age and the quality of the spare parts you can sometimes get more for the vehicle than if you sold it whole.
Finally, think about scrapping your car, some companies will even scrap it for free. Make sure that the firm you use is on the Environment Agencies list of Authorised Treatment Facilities. If you do not use an authorised company you'll be held liable for the illegal scrapping of your car and be fined.