When you need some cash or are in the market for a new vehicle, you can sell your current car.
· If you sell to a private individual, you can get more money because he or she can pay up to the high Blue Book value for it.
· If you sell to us at Glockner Toyota, we can only give you the high wholesale value at most because we need to make a profit when reselling. But there are many other advantages of selling your car to a dealership that may make this the better option.
Making It Easy
Think of the hassle involved in selling to a private individual. First, you have to take care of any repairs whether they're minor or major. Nobody wants to buy something that isn't working correctly. You must make your offering look good by cleaning it inside and out. You then have to take good pictures and create an ad at an online site or in the local paper.
You'll field plenty of phone calls, emails, and texts from interested buyers. You must schedule test drives even if allowing strangers to come to your home may pose a security issue. The few people that then show up will haggle endlessly about the price. After the sale, you have to deal with the paperwork involved in transferring the title. Finally, you hope that the payment given to you will be honored at your bank and is not fraudulent. Even if the check you receive is good, you may have to wait a few days for it to clear.
Contrast all this effort with selling to a dealer. You bring your vehicle in, agree on a price, and leave with a payment that you can deposit immediately into your bank account. We take care of all paperwork. Selling to us is simple, convenient, and easy.
A Matter of Trust
If you sell to a private individual, you have no guarantee on how trustworthy the transaction will be. The buyer could turn around, claimed the car was not as you represented, and sue you in court to try and get your money back while keeping the vehicle. The fact that you did everything honestly and with good intentions does not negate the time and expense that you'll have to go through to defend yourself. When you sell to us, we do everything transparently and above board. Not only is our business reputation at stake but you are a potential future customer. We want you to walk away satisfied with the deal.
Trading It In
If you're interested in buying a new car anyway, why not trade in your old one?
· You'll receive credit on your purchase that is worth more than if you simply held out for cash.
· We're more concerned with the make, model, and mileage of your vehicle rather than its appearance. You don't have to make it look good. If it requires any major repairs, we'll take care of it.
· If you still owe money on your car's auto loan, you don't have to pay it off. We can structure your financing to take care of any remaining balance.
· The amount of financing you have to get goes down, which means lower monthly payments and less interest paid.
· The tax you pay on your purchase also goes down because the value of your trade-in is not subject to sales tax. If you buy a $30,000 vehicle and your trade-in is worth $6,000, you're taxed only on $24,000, saving you the tax you would have paid on the $6,000.
· You'll avoid negative equity. When you buy a new car, it depreciates by as much as 30 percent in the first year. If your loan does not take into account, you'll owe more money in the financing than what your car is worth. Your trade-in can make up for the depreciation.
· Instead of having to hitch a ride home from our dealership after you are paid, you drive home in your new car.
Taking the Next Step
Whether you're interested in selling your car to us for cash or want to use it as a trade-in, your next step is the same: contact us and talk to one of our friendly sales consultants. We can answer your questions and give you an estimate of what your current vehicle is worth.
