Current location:business >>
Edmunds: Trade or sell your car? What's best might surprise you
business729People have gathered around
IntroductionAccording to a recent Edmunds used vehicle report, demand for used cars is dropping and so are their ...
According to a recent Edmunds used vehicle report, demand for used cars is dropping and so are their values as the new-car market rebounds from pandemic-induced shortages. This is especially true for 1- and 2-year-old vehicles. So there’s never been a more critical time to know whether it’s better to sell your car privately or trade it in.
Both options have their advantages and drawbacks, and the best decision largely depends on your circumstances, priorities and preferences. Edmunds’ experts run down what you need to know to make an informed decision.
SELLING PRIVATELY
Selling your vehicle privately will likely yield a higher sales price than trading in at a dealership. By doing so, you’re essentially cutting out the middleman. But you’ll likely pay for that profit in the time and energy you spend marketing your car, negotiating a sale, and managing the transaction itself. Whether a private sale is worth it comes down to time — how much you have and how you want to spend it.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Stories news portal”。http://westernsahara.whetstonetavern.com/article-0d199809.html
Related articles
Steward Health Care says it is selling the 30+ hospitals it operates nationwide
businessSteward Health Care said it plans to sell off all its hospitals after announcing this week that it f ...
【business】
Read moreNew energy becomes largest electricity source in China's five southern provinces,regions
business(ECNS) -- New energy has become the largest electricity source in South China's Guangdong, Yunnan, G ...
【business】
Read moreConstruction of mainland
businessCarrie Lam, chief executive of the Hong Kong Special Administrative Region (HKSAR), speaks in a vide ...
【business】
Read more
Popular articles
- Chicago Fire star Eamonn Walker exits as series regular after 12 seasons
- Xi Inspects Nanjing in East China's Jiangsu Province
- People visit exhibitions at Times Art Museum in Beijing
- Xi Meets Sogavare, Urging Enhanced China
- Pakistani security forces kill 6 militants in twin raids in volatile northwest near Afghanistan
- Xinhua Headlines: Russia, Ukraine to meet at Ukrainian
Latest articles
EU reaches a tentative deal on Ukraine aid coming from profits of frozen Russian assets
Orders surge at China's small commodity hub as Paris Olympics approaches
Historic monuments in Dengfeng, central China
China's foreign trade hits record high in Q1
Trucker acquitted in deadly crash asks for license back, but state says he contributed to accident
Teenagers in pastoral areas of Tibet attend taekwondo camp
LINKS
- Was Dubai's apocalyptic storm SELF
- Tesla asks shareholders to reinstate Elon Musk's $55 billion pay package
- North Carolina University system considers policy change that could cut diversity staff
- Ulsan beats Yokohama 1
- Owner of ship in Baltimore bridge collapse asks cargo owners to help cover salvage costs
- Man arrested after 3 shot to death in central Indiana apartment complex
- Rookie Keaton Winn throws six solid innings. Giants beat Marlins 3
- Ford recalls over 456,000 Bronco Sport and Maverick cars
- Garland defends Biden's mental fitness and says he has 'complete confidence' in him
- Lab chief faces sentencing in Michigan 12 years after fatal US meningitis outbreak