Should I Sell My Car to a Dealership? Pros & Cons
Should I Sell My Car to a Dealership? Pros & Cons
Posted on July 1, 2024
Selling your old car to a dealership is one of three ways to dispose of your old car when it comes time for a new one. You can sell your car to a dealership, trade it in or sell privately. While the dealership is involved in two of those, they are entirely separate undertakings.
Today we’re concentrating on selling your car to a dealership and the relative pros and cons of doing it.
While we’re not exactly impartial here, we think there are some viable reasons why you might want to sell your car to a dealership. There are also a couple of things to look out for.
Pros of Selling Your Car to a Dealership
There are definite upsides to selling your old car to a dealership.
Quick and Painless
The main benefit of selling to a dealership is the speed and ease of the process. Book an appraisal, prepare the car, have it appraised, accept the offer, get paid. It really is as simple as that.
Not having to prepare an ad, take dozens of pictures, shoot video, answer dumb questions, answer dozens of phone calls, book viewings or take people out on test drives.
No Wasted Time
We alluded to this benefit above. Selling to a dealership means not having to let people come round to view the car and kick the tires. No having to field calls asking questions people already know the answer to and not having to book time off or waste evenings or weekends with test drives.
Selling your car to a dealer can take around 60-90 minutes but that’s it. One appointment, one meeting, one deal. Done!
No Payment Anxiety
When it comes to selling a car privately, the question of payment comes with a raft of anxieties. What payment methods should you accept? Is the cash legit? Will the bank transfer be reversed? Should you take Western Union?
Those questions and more all form part of the process.
Sell your car to a dealer and we pay into your bank. No questions, no risks, no fuss.
Cons of Selling Your Car to a Dealership
There is one thing you should know about selling your car to a dealership though.
Slightly Less Than Market Value
Dealerships are now paying more than ever for good quality used cars but we won’t be able to pay the same as a private sale. We have to spend money on reconditioning the car, performing all those mechanical and safety checks you expect when buying a car and generally prepare the car for resale.
All that costs time and money which means we won’t always be able to afford to pay the same as you see the car advertised for with private sellers.
The gap between the two prices is closer than ever, but we need to set your expectations appropriately.
If you want to sell your car with none of the hassle, contact Car Nation Canada today!