Should I Sell My Car to a Dealership?

Selling Car in Johnson City TN

Need to sell your car pronto? The easiest and quickest way to do this is by simply walking into your nearest dealership and have the car sold by the end of the day!

Why Go to a Dealer?

Bear in mind that the biggest advantage of selling to a dealer is that you can have it done in a matter of days or even hours, without breaking a sweat. While selling privately could take anywhere from a few days to even a month or two, and it also implies that you need to do all the work in ensuring that you find a buyer, negotiate a fair and mutually acceptable price and also make sure that there are no loose ends when it comes to transferring the vehicle to the buyer’s name.

Price Quote

While it’s a widely known fact that you could probably get a better price for your car if you sell privately, this is obviously because a dealership needs to run its showroom and pay staff to keep its business alive. You do need to weigh the smaller premium you sell your car at, against other potential benefits and negatives (such as the time and attention requires and losses while paying more tax on a new car) that could outweigh the slight benefit of selling privately. So, if you’re keen on getting a good price for your car, your best option is to shop around. Try websites of dealerships in your city. If you’re moving to a different state, see if dealerships in that state have different taxes and higher prices for the make and model of your car.

Upgrading to a Bigger or Better Car

If you plan to buy a new car that can accommodate your growing family, plan to carpool to work in your own vehicle or you want to retire your college car for a sporty hatchback or a sleek sedan, you could get tax benefits by trading your existing car in at the dealership from which you plan on purchasing your new car. The tax benefit is because the dealership will deduct the amount they’ve offered for your car from the price of your new car. Thus, you’ll only be paying tax on the discounted amount.

Example: Say you’re being offered $10,000 for your car and the new car costs $25,000, you will only have to pay taxes on $15,000 (i.e., $25,000-$10,000). The tax value varies from state to state so it will depend on where you buy your new car.

Dealerships make things easy and simple for you because their business also lies in bringing in more used cars to sell for a small profit. Furthermore, they even take it upon themselves to ensure that your car is in a sellable condition. This means you won’t have to pay to have your car cleaned, serviced and fixed up before the sale is made.

So, go ahead and shop around. You’re sure to find the best dealership for your car at a convenient location near you.

Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license charges. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.