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When selling your car, you want the best deal. Visiting your local CarMax was once the most popular way to get an appraisal and get your car sold, but times have changed and today, there are far more convenient options for you to explore. Whether you are the type to hop online for all your sales or you like the idea of an in-person transaction, there's an option for you.
You can go the old-school route and try selling the vehicle on your own. But if you don't have the time to navigate calls, showings, and test drives, you can always lean on a service that takes care of all those tasks. In many cases, you can even get a quote online within just a few seconds. You might have a junker car and think no one will want it—but that's not necessarily true. If you have the opposite problem and want to get rid of a classic, we have an option you might find intriguing.
To compile this list, 247 Tempo reviewed some of the most well-rated methods to get top dollar for your vehicle.
1. DIY
The good old-fashioned way! When you sell your car on your own, you obtain the greatest profit. You remove the middle man, which allows you to pocket whatever you make.
DIY
Granted, it takes more effort on your part, but if you have the time and willingness to follow through, it's your best bet.
2. Carvana
You can get a quote online with ease and they'll swing by and pick your vehicle up for you. If you want a hands-off sale, they take care of it all.
Carvana
The price may not match that of a private sale, but you won't have any hassle. When time is money, it makes sense to offload this task and let the pros handle it.
3. Dealership Trade-In
Maybe you want to sell your car and get an upgrade. In that case, trading it in at a dealership makes the process fast(er than CarMax).
Dealership Trade-In
The price likely won't match what you'd get through a private sale, but you can drive off in a new car and leave the old one behind, which is a pretty great feeling. You walk in to let go of the old and drive off with something new and shiny.
4. Used Car Dealership
A local used car dealership would be great if you trust your negotiating skills. A bigger chain may give you a "take it or leave it" answer but a local dealership may have more wiggle room.
Used Car Dealership
Brush up on your negotiating skills and walk in confidently with a number in mind. These transactions tend to be swift, which puts money in your pocket sooner than later.
5. Online Marketplace
You have several options if you want to list your car online. If you use Facebook, try the Marketplace. Complete a dive into any interested parties to ensure their profile pages aren't questionable.
Online Marketplace
Craigslist is an option, but it could be a little tricky considering you're dealing with complete strangers. You might also try Autotrader, which offers more organization.
6. Peddle (For Older Cars)
If your car is older than 2018 and you want to sell it, try Peddle. They are great to work with when you have an older vehicle that isn't running well (or isn't running at all).
Peddle (For Older Cars)
Maybe you got into a car accident and there's damage, and you're thinking no one would buy it. Peddle is your answer. The process is rather quick and they can swing by and pick your car up within two days. As soon as they pick it up, you get paid.
7. Auction
If you have a unique vehicle that you're trying to get top-dollar for, an auction may be the way to go. Depending on the auction, you may be surprised by the offers you receive.
Auction
The downside to the auction is you can't pre-approve the price. The highest bidder wins.
8. Donate to a Charity
There may be cases when a vehicle is too far gone. Or you may not want to go through any hassle, even if it means handing it over to a service that handles the transaction for you. If you're out of options or you just want to quickly get rid of your old car, you may just donate it to a local charity.
Donate to a Charity
They, too, will send someone to pick it up and remove it for you. You won't receive a payment for it, of course, but the donation is tax-deductible, so you can hand the proof of donation over to your CPA and enjoy some tax savings while feeling satisfied about your good deed.