Do you have a car, truck or SUV that you’d like to part ways with? One of the most important decisions that you’ll make during the selling process is whether to sell your model to an individual or to your local dealership. While both promote their own benefits, Giles Buys Cars knows there are more risks involved in selling to an individual. Keep in mind these factors as you make your decision.
There are many risks to selling to private parties, the first being scammed by dishonest people. If you aren’t very knowledgeable about cars in general, you’re more at risk to be talked down your initial price. Plus, you are less legally protected when you sell to an individual. Once the transaction is over, you probably won’t see your buyer again. And, while it’s more of an annoyance than a risk, you’ll receive many notifications from scrollers who aren’t serious buyers. Either you’ll receive no response after your initial message or they’ll want to haggle with no intention of buying your car. Don’t waste your time, energy or money selling your car to a private party!
So why should you sell your car to a dealer instead? Think: protection, industry knowledge and convenience. All dealerships are legally required to be honest in their transaction with you, which is even more important if you choose to trade in your car for one on their lot. Dealers are also knowledgeable about current market trends, so if your car is currently worth quite a bit, they won’t be surprised by your high price tag. Plus, you’ll find that every dealer is motivated to buy, so you won’t end up driving away disappointed from a dead-end deal. And finally, get ready to enjoy very little paperwork and stress — the dealer is happy to take care of those little details.
No matter if you choose to sell to an individual or Giles Buys Cars, do your research. Figure out the trade-in value of your car before scheduling any meet-ups, and stay true to your model’s value in negotiation. If you have any questions, contact us online or give us a call! Giles Buys
Giles Buys Cars