Need To Sell Your Current Vehicle? Here Are Some Best Practices that Courtesy Chevrolet SD Recommends

It seems like it's a no-brainer to sell your car privately, but there's a long list of disadvantages

• Make sure you are keeping your payments current while you are selling your vehicle.
• Make sure the vehicle is properly detailed. Dents and scratches have been repaired.
• All service lights are off.
• Be ready to provide your Service history records, you may wish to have on hand a recent inspection from a trusted mechanic.
• Next list the vehicle on multiple digital locations. Expected costs are on average $100.00
• Now, if the vehicle is paid off be prepared to meet someone at the Motor Vehicle Dept to transfer the Title. If the vehicle is not paid, you will need to speak with your bank on proper procedures for Liens.

Or you can call on your friends at Courtesy Chevrolet San Diego and trade it in.

Our best practice for a trade in with our customers has been simply bring the car as it is and hand us the keys. We can hand you a check.

TAX ADVANTAGES FOR TRADE IN WITH DEALERSHIP

• It seems like it's a no-brainer to sell your car privately, but there's a long list of disadvantages you need to consider.
• Time to sell vehicle. You'll need to create a classified ad, post to several different sites, answer emails and phone calls, and worst - arrange appointments for prospects to check out the vehicle. Oftentimes, people cancel or don't show up.
• It can take several weeks to sell the vehicle, but sometimes you do get lucky and find a buyer right away - especially if you price attractively compared to other vehicles on the market.
• A disadvantage is the hassle of having to deal with payments, DMV paperwork, and the possibility of fraud during the transaction.
• Sellers particularly women, are concerned about having strangers come by to test drive the vehicle. Although the crime rate is very low and there are things you can do to minimize it, there's still a chance that something bad could happen and some people don't feel comfortable with that.
• Some States selling your car privately will prevent you from getting a trade-in tax credit. This is only a disadvantage if you're in the market to buy a replacement vehicle at the same time. The trade-in tax credit can only be applied if you buy and sell a car in one transaction at a dealership.
• For example, on a $10,000 trade-in, the tax credit can be worth up to $1,000 depending on your local tax rates.
• Finally, if you sell a car that breaks down right away, you could be dealing with some big headaches. Although they may not have a strong case, that doesn't stop many buyers from taking legal action.
• * In the end, you need to weigh these pros and cons and see if an extra $1,000 to $2,000 is worth the extra effort. If saving money is your top priority, then we feel it's definitely worth selling the car yourself, but if convenience and safety is at the top of your list, selling to a dealer is probably your best option.

---