When planning to sell a car in Las Vegas, one of the most common questions everyone asks is whether it is better to sell to a dealership or to a private party. This article will discuss what you can expect from each method of selling a car in Las Vegas to help you make the right decision for your situation.
Selling to a Private Party
When you sell a car in Las Vegas to a private party, you are likely to get more money for your vehicle than you would by selling to a dealer. Because you are selling directly to the final customer, you should be able to get close to the car’s market value in many cases.
But this extra money comes at the expense of your time and effort. The internet makes it easier to sell a car in Las Vegas to private parties, but it still requires a lot of work on your end. Writing an online listing may seem simple, but the time spent taking pictures, answering calls, going out on test drives, and price negotiations can really add up. You also have no guarantee of when, or if, the car will sell. You might be able to sell it quickly, but you also might be stuck with it for weeks or months.
What type of car you are trying to sell will also affect your experience of selling to a private party. Selling a car with a manual transmission is usually more challenging than selling the exact same car with an automatic transmission. It is also harder to sell a used car if that particular make and model is no longer in production. Also, the current market and economy plays a role. For example, cars with low gas mileage don’t sell as well when gas prices are high.
Selling to a Dealership
The best part about selling your vehicle to a dealership is convenience. There is no need to wait, just take the car directly to your local dealership and ask them to give you a quote to sell or trade-in your car. If you a purchasing a new vehicle, the trade-in can be included in the same transaction. In just one day, your car can be sold and out of your driveway.
A dealer may offer you less money than what you could get from a private buyer; after all, a dealership is a business and they will need to resell your car for a fair price.
However, many people find that the ease and convenience of selling to a dealership are well worth this small price difference. Many dealerships offer special deals and promotions when you trade-in a vehicle, which can help make up for some of the price difference as well.