ONLY at Keith Pierson Toyota as low as 0% 36 months on Camry, Corolla and RAV4.
Toyota Camry via Flickr by crash71100 | Licensed by CC0 1.0
Are you looking for a quick and hassle-free way to sell your car so you can buy a new one? If this sounds like you, selling your car to a dealership could be the perfect solution. Here at Keith Pierson Toyota, we can offer you a competitive price for your used car, SUV, or truck. To learn more about our offers, contact us today and tell us a bit about your vehicle.
How Do You Sell Your Car to a Dealership?
Selling your car to a dealership is usually a relatively straightforward process. You can get started by using their valuation tool to get an idea of how much your car will be worth. Some dealerships work with valuation services like KBB to provide you with an instant cash offer, which is based on your description of your car. Dealerships typically reserve the right to adjust the offer if they discover that the condition of your vehicle is different from how you described it following an inspection.
It may help if you use several online tools to obtain more than one valuation for your vehicle. There are various factors that go into attaching a value to your car, including its make, model, driving mileage, and general condition. In addition, regional variations in price may occur if a particular type of vehicle is especially popular in your local area. By gathering valuations from a few different sources, you can have a better idea of whether the offer you’re receiving is competitive or not.
If you’re happy with the valuation provided for your vehicle, the next step is to bring it to the dealership. When you arrive, explain to a staff member that you’re looking to sell your car. They will then arrange for an inspection and go through the necessary paperwork with you. Since dealerships have considerable experience in buying used cars, you may be able to conclude the deal and take care of all the associated paperwork in just one visit.
To make sure that the transaction is finalized as smoothly as possible, remember to bring key documents with you to the dealership. These include your title to the car and a piece of ID, like your driver’s license. If you’re still paying off a loan for the car, you’ll need to show the documentation to confirm the lien holder.
What Are the Advantages of Selling to a Dealership?
The first advantage that comes with selling your car to a dealership is simplicity. From the moment you seek a valuation to the conclusion of the deal, you only have to follow a few steps. Some dealerships can finalize the purchase within a day or two.
This swift process contrasts with the lengthy struggle you can have if you’re trying to sell your vehicle on the private market. You’ll first need to prepare advertising material, including text and photos, and then sort through messages from interested parties when you start receiving them. You may have to take time out for various meetings with people who express an interest in your car. Since they’re under no obligation to buy your vehicle, you may have to arrange meetings with several people before you can finalize the purchase.
Another major plus when you sell to a dealership is security. You can rely on a reputable auto dealership like ours to promptly pay you for your vehicle once the transaction is finalized. If you sell privately, you may have a longer wait until a check clears, and you’ll always have the worry that it may bounce.
Are There Benefits to Selling Privately?
The main benefit to selling on the private market is that you can often get a better price for your car than a dealership will offer. That’s because dealerships generally buy used cars with the aim of carrying out some repairs and selling them on to a new driver. As a result, they typically offer slightly lower prices to cover the cost of the work they will have to invest in the vehicle.
Another possible advantage is that you may be able to sell your car to a friend or relative. If this is an option for you, you can avoid having to invest the time in advertising your vehicle and meeting with interested parties.
What About Trading in?
Choosing to trade in your vehicle is a great way to secure a lower price on your next new or pre-owned car. Our trade-in program allows you to deduct the sales price of your current vehicle from the cost of any of our new Toyota cars and SUVs. Alternatively, you can put the value of your vehicle towards the purchase of one of our well-maintained, used cars.
One of the most convenient things about trading in is that you can take care of everything in one place. Bring your existing car to our dealership and we can finalize the sale in no time. Then, you’re free to explore the extensive inventory on offer in our showroom. Perhaps you like the look of a Toyota Rav 4 or a Highlander if you need an SUV to accommodate your family. If a compact car with great fuel economy is your priority, check out our range of Corollas or Toyota’s range of electric cars.
In addition to getting a great price for a new vehicle, opting for our trade-in program can save you money on taxes. That’s because you’ll only be taxed for the outstanding balance you pay us. For example, if you sell us your vehicle for $7,000 and purchase a new one worth $30,000, you’ll only pay sales tax on the $23,000 you have to pay us.
Now that you know how easy it can be to sell your car to a dealership and the benefits it can bring, we hope you’ll consider making Keith Pierson Toyota your auto sales partner. Whether you just want to sell your car or combine it with a trade-in, we’re committed to offering you a fair and competitive price with no obligation for you to accept.
If you have any questions about selling us your car or our trade-in program, don’t hesitate to reach out. One of our auto experts will be standing by to take your call or to chat with you in person if you swing by our Jacksonville dealership.
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