How You Can Sell Your Car for Cash

How You Can Sell Your Car for Cash

You have an old clunker sitting in your yard and you want to get rid of it with minimal hassle.  There are a couple of ways to get rid of the unsightly junker and collect a bit of cash at the same time.  Let’s look at how you can sell your car for cash before your neighbors start complaining about it.

Selling it the Traditional Way

The traditional way to sell your car is to post an ad online or in local publications until you find a buyer.  You can throw an ad up on Craigslist or in the Facebook marketplace and wait for a buyer.  You may get a lot of interest in your car, but many of those people will be “tire kickers” these are people that come to look at your car but don’t buy.  You will also get a lot of low-ball offers from people just looking for a bargain.  Getting paid is also a risk, although you can mitigate this risk by agreeing to meet the buy at a police station or other public place.  It can also take a long time to sell your car this way.  You may get the most money for it but you will have to wait the longest to make that happen.

Trading in Your Car

If you are looking at buying a new car, you have to option of trading in your old car to the dealership.  Car dealers offer this as an incentive to lure in new customers.  Make no mistake car dealerships are about making money and of you have some old clunker that you’re offering as a trade-in they will give you nothing for it or pad the price of your new car to offset their costs of getting rid of it.  The only one that will make any money on a trade-in will be the dealer.  Here is a look at why trade-ins are a bad deal.

Cars for Cash

There are companies out there that specialize in buying old cars that aren’t roadworthy, they will take the eyesore off your hands and give you some money for it.  How much money, of course, depends on the condition of the car, the better shape the more you can get.  They will make you a cash offer, there is no haggling, no tire kickers just a fairly simple transaction.  It is hands down the easiest way to sell your car and get a few bucks for the eyesore in your yard.