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Looking for a New Car? Should you Trade or Sell your Old One?

Purchasing a new vehicle and figuring out what to do with your old one can be a long process with a lot of headaches, but not if you have a game plan. With this guide, you’ll be all set to make the best possible decision.

If you’re opting to trade in your car at the dealership, the process will likely go a lot smoother than selling it to a private buyer. The dealer will determine your car’s trade-in value and assess its condition, age, cosmetic and internal features. Selling your car at a dealership does have its advantages. You’ll save time and post-sale headaches.

If you’re selling your car yourself, you will probably get more bang for your buck. However, there are a few things you should consider. For example, how much you’re willing to fork over for repairs, your asking price, how low you’re willing to go, and how you’ll handle competing offers.

If you have any questions, contact Economy Honda Superstore. Our experienced sales associates are more than happy to help you test drive a new or pre-owned Honda. We proudly serve drivers in Chattanooga, Cleveland, and Hixson, Tennessee, as well as Dalton, Georgia.

Categories: Finance

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