How It Works

Should you trade your used car or sell it off?

So are you planning to move another step closer to your dream car by selling your present one? If you are a first time seller, you need to prepare for the different considerations you should make. However, selling your used or junk car isn't your only option. You can also trade-in with something close to your favorites maybe even something you love!

As with everything else, trade-ins and sell offs have both their pros and cons and to make a decision you should have a grip on all of them.

Selling Off Your Used/Junk/Wrecked Car

The Pros

Junk and wrecked cars are usually sold to individual buyers and with a little bit of research and the right marketing, you might be able to secure the best deal possible compared to trade-offs. This amount can also be used as the deposit on your next car.

If you choose a service like us at Mills Motors, we will buy your junk and used cars and trucks for hard cash even today. This is by far the most important benefit if you sell your car; you can secure the most desirable deals just through the right resources.

The Cons

If you don't use the right resources when selling your car, it could end up becoming a long, tedious process. You might need to take care of additional paperwork and as you need to claim the sale as an addition to your income, you may lose some of the amount to taxes. At Mills Motors, we buy damaged cars and we cut down the hassles; be sure to give us a call!

Trading Off Your Used/Junk/Wrecked Car

The Pros

A trade off is often seen as a smooth switch from one vehicle over to another. A good number of dealerships offer customers the option to trade-in their old vehicles for new ones, at times for a small amount of extra money along with the car. A majority of people also support tradeoffs as they are able to save on taxes.

The Cons

One of the most critical disadvantages with trade-ins is that they limit choices. When you visit your dealership, they might only have a few cars available for trade with yours. This is largely because the there are no prices set for trade-offs, they are variable car to car and you might not be able to nail your goals for the deal. You could also end up falling prey to a problematic car for your perfectly running one if you end up with an unreliable dealer.

There you go, the good and the bad of both options. It is always a good idea to have professional help by your side when you decide to sell your car. If you are looking for the best offers, click here and get your Free Quote today from Mills Motors!