When it comes to upgrading or offloading your car, there are several routes you can take. One of the most popular methods is to upgrade your car through a part exchange. This means that you give a car dealer your old car in exchange for a reduction in price on your new one. This is a quick and easy way of upgrading your vehicle, though you will not get as much as you would if you were to sell it though other means.
The other limitation of this method is that it only works if you want to buy another car from the dealer. There may not be another car that you want, or that's in your price range; maybe you have decided to go car-free or you're moving abroad and no longer need a car?
If, for whatever reason, part exchange is not feasible, many people try and sell their car onto their friends or work mates. This can be good for a quick sale, and it also costs little or nothing to advertise – just a quick email or a few phone calls. However, selling to people you know does not always have a happy ending. The problems can come when something goes wrong with the car. The buyer may feel that you are still responsible for it in some way, and may expect a refund or some sort of compensation. This can lead to a very awkward situation and friendships have been outlined over less, so the best advice, if you're going to take this route, is to make out a clear agreement in writing that you both sign relating any warranty period, refunds and repair costs. This way, you both know exactly what the agreement is at the time of the sale, so there a much less chance of any misunderstandings later on.
If no-one you know is interested in buying your car, or you'd rather avoid any potential awkwardness, then classifieds are an ideal place to advertise cars for sale . Local papers, and publications such as Auto Trader have always been popular places to buy and sell vehicles and nowdays online classifieds are also very popular place to advertise.
The advantage of using the web to sell a car is that information can be uploaded instantly, and it is also much easier for buyers to search for vehicle via price, make, or model. The added bonus is that anyone with internet access can view such ads so an online advert tends to reach a wider audience. By selling privately, you're also likely to be able to get a higher price than through part exchange, or selling to a used car dealer.
But, whichever route you take to sell you car, be sure to hold out for the best possible deal; but at the same time, be realistic about what your car is worth. …