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The biggest downside to using Carvana to sell your car is familiar: You won't get as much money for your car because you are dealing with a company managing your transaction. You are sacrificing ...
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However, all this assumes you want a new car in the first place. Also keep in mind that a dealer trade-in value will typically net you less than selling your car privately. Option 4: Sell it to a ...
Since most states have requirements for a dealer to warranty or even guarantee a used vehicle for a certain amount of time and or mileage if sold to the public at a certain price, [10] a dealer must make a profit selling the previously traded car (now a used car). Trade-in value is an important facet of the car deal.
Selling to a dealership can be a very convenient option, but you shouldn't expect top dollar—a car dealer will understandably want to turn a profit when they resell your car, and so will want to ...
Off-rental: rental car companies normally replace their fleets once a year, releasing a flood of late-model cars to the secondary market. Like the big financial institutions that underwrite car leases, rental companies also rely on auto auctions to sell off their used inventory. These vehicles tend to be well-maintained and driven for only one ...
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