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You could sell privately, sell or trade it to a dealer, or sell it online via an instant cash offer. And what if you've leased your car? You can sell a leased car to a private buyer or a dealership.
When you sell a car online, you are often still meeting with strangers if you choose to sell to a local private party. You might even be in the car with a stranger for a test drive.
The dealer does all the paperwork for you, it can handle a loan payoff if necessary, and there are no time-consuming meetings with multiple strangers to sell a car. Option 5: Online auctions
The idea came because there were very few solutions allowing users to buy new cars online but also allowing auto dealers to sell them. [2] After spending a number of months looking for a car himself after he sold his first business to Yahoo! in 2013, the founder realized that the process was incredibly time-consuming and could be streamlined. [3]
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information. [1]
At the core of Auto Trader is its online marketplace, where consumers buy and sell cars and other vehicles, and where car dealerships advertise and sell their stock, both new and used, to consumers. Retailers pay to advertise vehicles, and consumers also pay a fee unless the transaction is less than £1,000.
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