The average price of a used car reached as high as $25,000 this year. Demand for used cars increased as car manufacturers struggled with supply chain shortages.
This is still a great time to sell a used car to get top dollar for it. Prices will come down in the next few months, so you better get your car listed now.
Where should you list your car? Where is the best place to sell your used car? Keep reading because we have the answers for you.
Craigslist started to gain traction as a place to buy and sell cars in the late 1990s. It continues to get used as the primary place to sell a car online.
As with any venue of selling your car online to strangers, you have to have a safety plan in place. Arrange to meet in a public place and let others know about the meeting in advance.
- eBay Motors
If you have an eBay account, you can sell it on eBay Motors. eBay lets you sell your car at a fixed price or auction over 7 days.
There is a cost to sell on eBay, with packages ranging from $19 to $79 for low-volume sellers. If you do sell using an auction, buyers can back out of their bids.
- Facebook Marketplace
Facebook is putting a lot of money and resources into the shopping experience. Facebook Marketplace is a big part of that vision, and this feature has more than a billion monthly users.
People use Facebook Marketplace to sell and buy items locally, even cars. Of course, you’ll want to share your car listing with your Facebook friends.
- Cash Cars Buyers
One of the things that’s frustrating about selling your car is that you have to deal with potential buyers. You need to schedule appointments to show the car and take strangers out for test drives.
Get used to dealing with no-shows and tire kickers. Then there are people who show up thinking that they’ll convince you to sell the car for half of the asking price.
A quick way to sell your car is to find companies that pay cash for cars. They tend to have a quick quoting process, and you can sell your car in a couple of days.
- Car Dealers
There are some car dealerships that will buy your car. This is a good option if you plan to buy or lease another car. The used car will count as a trade-in, and the car’s value gets applied to the new purchase.
The downside is that dealerships never give you anything close to the market value that you’d get by selling privately.
The Best Place to Sell Your Used Car
Selling a used car isn’t a hassle as long as you know the best place to sell your used car. If you want a quick and simple transaction, a cash buyer is the best place.
If you’re willing to do more work, then check out Facebook Marketplace, eBay Motors, and Craigslist. Check out the other car tips in the Automotive section of this site today!