When it comes time to sell your car, it can be difficult to know the best route for selling to obtain the optimal return toward your next purchase. While selling a car on your own may get more money initially in most situations, there are numerous benefits to trading your car in at a used car dealer. If you are debating how to best sell your car, the team from Kapos Auto in Ridgewood, NY, have shared three reasons you should consider trading in for an easier sale.
3 Benefits of Trading In Your Vehicle at a Used Car Dealership
1. Earn Credit Toward a New Ride
Trading in your car to a dealer makes the entire car buying process far simpler and faster than the hassle of trying to sell a car yourself. With a few simple pieces of paperwork and financial arrangements, you can walk out of a dealership with a new or used car after trading yours in. If your car is paid off, and you’re considering an upgrade, do it sooner rather than later to keep the value of your trade high and get the most out of your investment.
2. Save on Taxes
A majority of the time, trading in your old car for a new one means you will only have to pay taxes on the price difference between the two. When you choose to sell a car yourself, you will be stuck with the full tax bill on the purchase of a new car, which can add up to thousands of additional dollars. While a private sale may garner some more upfront cash, consider auto and sales taxes in your area and figure out which one will leave you with more money in the bank at the end of the day.
3. Get Your Dream Car
While paying tens of thousands of dollars out of pocket is not an option for many people, working your way up to a nicer car is a much more achievable goal. Keep your cars in good condition and upgrade more often to preserve value and keep miles off your engines. After a few years of maintaining and upgrading your ride, the car you’ve always dreamed of may be closer than you think.
Trading in a car is a smart move for any car owner looking to get the most out of their investment when they are looking for something new. If you are looking for a reputable used car dealer in the Ridgewood, NY, area, trust the car sales team from Kapos Auto to take care of you. Their huge selection of cars, trucks, and SUVs is bound to include the next vehicle that’s right for you. Call them to set up an appraisal at (347) 513-4915 or visit their website to check out their current selection.