Selling Your Car to a Dealer or an Individual in Yukon, OK
Selling Your Car to a Dealer or an Individual in Yukon, OK
Are you looking to sell your vehicle? Doing so can sometimes be tricky, especially when it comes to deciding whether you want to sell it to a dealership or an individual. While a variety of factors should be considered when making your decision on how to sell, there are definite benefits to selling to a dealership versus an individual. At Joe Cooper Dodge of Yukon, we’re committed to making this process simple and easy. Keep reading to learn more.
Risks of Selling to an Individual
If you’ve ever tried selling a car to an individual on your own, you don’t need us to tell you that it comes with its own risks. First of all, the likelihood of getting scammed by a dishonest buyer is much greater. If you aren’t fully informed on the value of your vehicle and the process of selling, you could be talked down significantly from your original asking price. You’ll also have less legal protection when selling to an individual.
And that’s only once the car is actually sold. Until then, you’ll have to deal with a flood of messages and inquiries from non-serious buyers who are either more interested in the general model of your vehicle for comparison to other deals, or simply want to take it on a joyride. Not to mention, it could be months before you even make contact with a serious buyer.
Benefits of Selling to a Dealership
So, how does selling to a dealership differ from going it alone? There are three major perks: industry knowledge, legal protection and convenience. All dealerships are legally required to conduct transactions honestly, which is also important whenever you choose to trade in your vehicle for one they have for sale. Dealers also stay informed about market trends, so they will be able to accurately calculate your vehicle’s value and are less likely to lowball you in negotiations. You’ll also find that every dealer is motivated to buy, meaning it’s less likely you’ll drive home feeling dejected after fruitless negotiations. Finally, there’s also less paperwork and stress involved, because the dealer is more than able to take care of those details on their own time.
No matter if you choose to sell to an individual or a dealership, do your research. Figure out the trade-in value of your car before scheduling any meet-ups, and stay true to your model’s value in negotiation. If you have any questions, contact us online or visit us at 11001 W Reno Avenue, Yukon, OK 73099! Joe Cooper Dodge of Yukon is located in Yukon, OK, serving the automotive needs of our neighbors from Mustang and Oklahoma City.