Sell Your Vehicle Privately or Trade it in? The Pros & Cons

Used Vehicle Lot | Lubbock, TX

If you’re looking to upgrade your vehicle, you’re likely wondering if you should try to sell it yourself or trade it in at the dealership. In order to make the best choice for your circumstances, it’s key to understand the pros and cons of each option.

Pros & Cons of Selling Your Vehicle Privately

Sometimes, if you sell your vehicle privately, you’ll fetch a higher selling price than what you’d get at the dealership. However, you also have to put in the time and effort of finding a buyer, meeting with them and having them take your vehicle for a test drive. Then, you’ll have to go through the prickly business of paperwork and getting them to pay you. This process will definitely delay your ability to buy a new vehicle.

Pros & Cons of Trading In Your Vehicle

Ultimately, trading in your vehicle is significantly easier and more convenient than trying to sell it yourself. Trading in your vehicle is quick and easy, and you can negotiate the value of your vehicle at the dealership — it helps to research the value of your car through guides like Kelley Blue Book. In addition, there may be tax benefits to trading in your vehicle. For instance, if you are trading in your vehicle and purchasing a new one, you may only have to pay sales tax on the difference between the trade-in value and the new car’s price.

Want to learn more about trading in your vehicle? Come visit us at Pollard Used Cars.

Bang For Your Buck: How to Choose the Best Used Car

Used Car | Lubbock, TX

Buying a used car might seem daunting, but with so many excellent options out there, it’s sure to be a rewarding experience. Here’s how to choose the best used car and make the most of your budget.

Research models

Before you start shopping around for used cars, do some research on different makes and models. Consider what you want from a vehicle — like good fuel efficiency, towing capability, safety features — and start there. Read about different segments and model years to get a good idea of what might work for you.

Check the market value

Once you have your eye on a couple of models, take a look at Kelly Blue Book to get the market value of each make, model, and year. This will help you make confident offers and avoid being overcharged.

Find a dealership with options

Shopping at an experienced used car dealership like Pollard Used Cars gives you access to all kinds of different models, and provides you with the expert guidance of an experienced team.

Get the history

With the VIN number of a vehicle, you can use a resource like Carfax to get a vehicle history report on any used vehicle. This will give you insight on any repairs, accidents, or major events in the vehicle’s history, so you can be informed before committing to a purchase.

Take a test drive

Before signing any papers, be sure to take your winning vehicle on a thorough test drive. Go at different speeds, and pay attention to the feel of the acceleration, brakes, handling, and shifting. Listen for any unusual noises and watch for any strange smells. If the car handles well, move on to the amenities. Check the sound system, heated seats, power moon-roof, and other features to make sure everything is functioning.

Come to Pollard Used Cars for a huge selection of quality vehicles.