Life for everyone presents choices and challenges everyday. What career path to follow, where to live, rent a house or buy one. One of the most frequent, larger decisions to make in life is to keep an older car, or sell it and buy something newer. There are pros and cons for going either route, but by making educated decisions, one can usually come out ahead with the decision he or she makes.
The first step to the criteria a person needs to do is to educate themselves with their current vehicle. Check local listings or the internet to see what price range their auto will command at the time of sale. Galves.com is one research site, but it costs money. It will give you an accurate book value though unlike other blue book websites out there.
The second step is to weigh in the cost difference between an older vehicle and a newer one. Insurance, car payments, and maintenance should all be in this group. Maintenance costs should be lower on a newer, more efficient vehicle, but this could be offset by higher insurance premiums.
The final step of this process is the reliability factor. We all know the heartbreak and pain of an auto that will not go when needed. In a perfect world, the car would start every time the key is put in the ignition switch and given a twist. With a newer, more efficient car, the reliability factor goes way up. Better fuel economy is just an added bonus.
If you have made the decision to sell the old car or trade up to a newer one, there are a couple of ways to do this. One way is to list the car yourself and sell it. How long does this take? That is a tough question to answer. Sometimes it goes real fast, other times, well, you know. Another method is to go to the local dealership and trade the car in. We all know that the automotive industry needs to survive, but is this the right choice for you? Keep an open mind when taking this route.
The last choice we need to discuss is to find a company that specializes in buying cars. Do some more research, check out the testimonials, call and set an appointment. You will be very surprised at how simple and painless this process can be. Cash on the spot, a fair price received, possibly even more than you expected, and a hefty down payment on a newer auto.
Just think of the impact on Mother Earth you will make also. A newer, more efficient car is much lower in emissions, gets better fuel economy, and will be much more reliable for your everyday use. Considering the “new” way to selling your car might just be your plan of action. Think about it.