Why Trading In Your Car Might Not Get You the Most Cash

Why Trading In Your Car Might Not Get You the Most Cash
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Why Trading in Your Car Might Not Get You the Most Cash

Trading in may be one of the easiest ways to get rid of your old car, but it might not get you the most cash.

Unlike selling the car directly to a private buyer who will end up using the vehicle, car dealerships typically plan to turn around and sell the car for as much of a profit as they can. Most dealerships make a lot of money on vehicles that are traded in. In fact, many New Car Sales departments at traditional dealerships lose money and depend on their Used Car departments to pick up the slack.

Many new car sales departments lose money when they sell vehicles. Age of inventory, lack of demand and intense competition are a few of the reasons why. Every day a new vehicle goes unsold is another small loss that continues to mount until it's finally purchased. As a result, it often falls on the used car sales departments to turn a profit if new vehicles aren't selling at the pace they hoped for. Many dealerships make a killing on traded-in vehicles. These departments offer minimal trade-in value on your used vehicle before selling it at a much higher value.

You may not want to deal with the hassle of trying to sell your used vehicle and here is where we can help. We make the process very simple! As a leading used car buyer, we will always offer a greater cash value offer for your car than a dealership will. Our offers usually fall between a typical big-box dealership's trade-in value and higher offer you'd get if you sold your vehicle through a private party transaction, but without the hassle! Simply fill out our quote request form and we will make you an offer that the dealership won't beat.

Upon completing our questionnaire, we will be in touch with you as soon as we can, and we'll make you a prompt offer. Plus, when you choose to sell your used car to us, and are not able to bring in your vehicle, we can come to your location to pick up it is up and leave you with payment in hand.

Please visit our HOW IT WORKS FAQ webpage for details about how it works, appraisal value, required documents and other details.

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