How To Get Rid Of An Old Car

 
 

July 21, 2010 by  

When buying your new car from a dealer it is much more convenient to get rid of your old car by trading it in. Trading your old car in can mean that you will lose money, so it is wise to work out how much you will lose prior to completing any deal. Ask the dealer to give you 2 prices, i.e. the price with trade in and the price without trade in. Use a guide like Parkers to see how much your old car is worth if you were to sell it privately. With these figures you can work out if you are happy with the trade in deal that you have been offered. If you are not happy try to re-negotiate the price with your dealer.

Trading in your existing car is a lot less hassle than selling your car privately, doing so can save you a lot of time and effort. Once the dealer has your old car it is entirely the responsibility of the dealer. If the person that they then sell it to experiences any problems with your old car, it is solely the responsibility of the dealer to sort out any issues.

In most cases if you trade your car in, you will lose some money. If you really do not want to do this speak to your dealer about selling your old car on your behalf. Most will do so, but will take a commission for handling the sale for you.

If you have a really old car that has virtually no value then think about giving it away to a charity or a friend. Some re-cycling clubs will also take them and pass them on to someone else in need. If you do decide to do this, make sure that you have documentary proof of the change of ownership and that you notify the DVLA. Not getting this proof and notifying the DVLA can lead to your being responsible for fines accrued by the new owner. Selling the car for parts on eBay is another option. For rare or old cars you can often get more for the car in bits than you could if you sold it whole.

Finally, consider scrapping your car, some firms will even scrap it for free. Make sure that the firm that you use is on the Environment Agencies list of Authorised Treatment Facilities. If you do not use an authorised firm you will be held liable for the illegal scrapping of your car and be fined.

Visit us to find the best cash price on deals to sell my car. We offer the best price and service on buying your damaged cars.

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