Has your old car seen better days? Are you ready for a new or newer Ford that will last for several years at an affordable price
? If so, you should consider how much money you can get for your old vehicle and the best way to go about selling it. For most people, the two main choices are selling the vehicle through a private sale or trading it at the Ford dealership. While both options are available, deciding which one is right for you depends on several factors. Ask yourself the following three questions to determine whether a private sale or a trade in is right for your situation.
What is the condition of your old car? For some people the answer becomes simple when considering the condition of the vehicle in question. Where a Ford dealer can sell almost any vehicle at auction, an older vehicle in poor condition will be difficult to sell through a private sale.
How much time do you have? If you are in a hurry to get the deal done, you may want to skip the private sale and take your chances with the dealership. While it is possible for a private sale to take place quickly there are no guarantees; it could take weeks or months to sell your car on your own.
How much is the car worth? Have you researched the Kelley Blue Book value of your car? If you have a price in mind that is equal to the true value of the car, you will probably get that price through a private sale more quickly than you would from a dealer trade in.
The condition of your vehicle as well as your budgetary needs will help you determine which option is the best for your situation.