We’ve all been in that stressful quandary: “Where can I sell my car?” (Ideally, without getting lowballed.) Normally, selling a car is a somewhat time-sensitive endeavor; most of us can’t wait weeks and weeks to have it done with. Whether you’re moving, need the extra money to use towards a new car or some other large purchase, or something else entirely, the last thing you need is a lot of hoops to jump through to make it happen. But we also want a reasonable price for it.
It all depends on what your situation is. The key thing is to first determine what you’re optimizing for: do you want the most money possible for your car and are willing to wait however long it sell it? Or is the exact price not as important as getting it out of your driveway quickly? As they say, you can’t have your cake and eat it, too. But there is a compromise solution that will let you get the best of both worlds.
Where can I sell my car for top dollar?
We hate to say it but… yes, selling your car private party (like on Craigslist) is probably the best way to get the most money possible for your car. Because you’ll have the ultimate freedom to negotiate with buyers, you can determine what you’d like to get for the car and work backward from there to set a good price. The (major) drawback, as you might be able to guess, is that there’s no guarantee it will sell at that price and how long it might take to find a buyer. If you’re determined to go this route, godspeed! (Here are our tips for making the process go as smoothly as possible.)
Car sale in 2015 – post on CL, field 15 inquiries, give 7 drives, inspection for 3, negotiate with 2, finish at dmv/payment 👉 12 hrs of pain
Car sale last week to @driveshift. Quote, at home assessment, payment and drive off all in *under 1 hour*. Magical!
— amit paka ☕️ (@amitpaka) February 22, 2020
Where can I sell my car fast?
As the saying goes: A bird in the hand is worth two in the bush. Sometimes it’s easiest to know you’ll walk away with cash in hand. Companies like CarMax and We Buy Any Car will reportedly send you on your way with a bank draft or check to deposit immediately. Pretty nice, huh? The only downside is you have to come to one of their locations.
Selling privately? Ain't nobody goat time for that 🐐
— webuyanycar.com (@webuyanycar) March 14, 2020
Where can I do both?
Some companies will offer a nice compromise between convenience and price. Shift, for example, can complete transactions in about an hour and because it uses algorithm-based pricing, ensures you’re getting a fair market-based price for your car. Plus, you don’t ever have to leave your driveway. Not too shabby!
"I sold my car to Shift for a good price without any hassle. As a Millennial, I don't like putting time and effort into things that could just as easily be simple, so I'm happy when companies like Shift come around and make things easy for me." 🔥https://t.co/i3Y2JFtYpw pic.twitter.com/8YjgKPlDOk
— Shift (@driveshift) March 13, 2020
There you have it! The quick-and-dirty rundown of where you can sell your car and the pros and cons of each.