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Home | Frugal living | Should I sell l my car or use it as a trade in?

Should I sell l my car or use it as a trade in?

Frugal living

Should I sell l my car or use it as a trade in?

When you have a vehicle that you are ready to get rid of, you often wonder if you should sell it or keep it as a trade in. This is a tough scenario. On one hand, it would be nice to have the extra cash, but on the other hand, it may be all you have to put for a down payment on a vehicle.

Does it run well?

You are probably not going to get a lot for a vehicle that does not run well. In this case, I would use it as a trade in. Trade ins don’t need to be perfect vehicles and it saves you from putting a lot of money into it. You may not get as much as you would if you were selling it, but it does save you a lot of hassle.

Know your cars worth

Before you trade in your vehicle, know your cars worth! Don’t take your car to just any car lot to trade in. Do some research, get your car looked at, and know how much it is worth. It’s totally worth it to know how much your vehicle is worth! The car salesmen may not be 100% honest with you, so this is a vital step.

Are you up for the challenge?

When I need to sell my car or trade it in, I ask myself am I up for the challenge? Selling a vehicle is so much more difficult than trading one in. When you trade in a car, all you do is hand over the title and the keys. When you have to sell a vehicle, there is much more work involved. Be sure to check out Winner Auto for all of your vehicle needs and discuss with them if you should trade in or sell your vehicle when the time comes.

What about you? Would you rather sell a vehicle or trade it in?

Should I sell l my car or use it as a trade in?

Owning a vehicle is an investment and we all know how expensive they are. Check out all of the “vehicle” themed articles I have on the site.

A Quick Car Buying Survival Guide

How to Survive Without a Car

Top 5 Reasons to Pay to Have Your Oil Changed

Should I sell my car or Use it as a Trade In?

5 Practical Ways to Check A Used Car

3 Tips for Buying a Used Car

 

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May 12, 2019 · Leave a Comment

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