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Three Options for Making Money From Your Old Car

Business

26 Apr

It is with regret that vehicle owners have to accept their cars have a lifespan. If yours is nearing its demise, it’s practical and advisable that you begin to consider where your car should go to see out its final days. Whether its endured bumps and scratches over long years of service, or it’s clocked up many hundreds of miles in family road trip adventures, sometimes it’s time to say goodbye. This article looks at the three main ways in which you can shift your old car for cash once you’ve decided you’re in need of an upgrade.

Go to a Dealer

Your first option involves negotiating with a dealer. Car dealers can be notoriously difficult to extract a good deal from and will take advantage of your lack of understanding about vehicle mechanics to point out the flaws in the vehicle you’re offering to sell them.

The benefits of going to a dealer is that you’ll quickly be able to strike a deal. You may also wish to part-exchange with them, which means that instead of receiving the cash for your car, you’ll get that figure taken off the cost of your upgraded vehicle. Often, dealers will give you a better deal if you part-exchange. It’s worth going to your dealer to ask what price they’d offer you as a first step to set a benchmark price for your vehicle.

Selling Your Car Independently

Second up is the independent option. What you risk here is not being able to drum up interest, or being taken for a ride yourself if you’re not aware of your car’s value. That’s why it’s important to get a couple of ballpark figures to understand your valuation.

You can easily take photos of your car and advertise it online. There exist now multiple platforms upon which you can do this without using a dealer. The issue, of course, is that it might take weeks or months to shift your car – so this is an option best pursued by those with time and money on their hands to sit and wait for potential buyers to give the car a test drive.

Going to the Scrappers

Happily, cars at the end of their life can live on through the fact that scrappers will take all the useful materials and mechanical odds and ends inside your old vehicle to recycle into other working cars. May that be a source of solace to you as you part ways forever at the scrap yard. You can head online and visit scrapcarnetwork.org to secure the best-possible price on your defunct vehicle in order to wave a cheery goodbye to it – helping you towards the purchase of a better car for your future.

The guide outlines the three main options you should consider when selling your old car. Each has its positives and negatives, but they’ll all raise you that bit of cash that’ll contribute to the price of your brand new motor.

To read more on topics like this, check out the business category.

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Hey I’m Samantha, but everyone calls me Sam. I have a love for loud, heavy music and writing. I am one of those responsible bad asses that everyone thinks is scary, but when you get to know me you realize I’m super nice! Read More…

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Flurl

About US

Hey I’m Samantha, but everyone calls me Sam. I have a love for loud, heavy music and writing. I am one of those responsible bad asses that everyone thinks is scary, but when you get to know me you realize I’m super nice! Read More…

View My Blog Posts

Recent Posts

  • Creating A Harmonious & Striking Look: Tips For Pairing Aquamarine With Other Gemstones
  • Things to Know When Looking to Buy July Birthstone
  • Staying Happy and Healthy as a Busy Entrepreneur
  • Power Styling & Confidence: Men’s Style Tips For Success

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