Sell or Trade Your Car Powell OH

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When it comes time to make a change in your Powell lifestyle as it pertains to the way you navigate this town, you have two main options: selling and trading your current vehicle.

To help you make the best decision for you, our team at Mark Wahlberg Chevrolet of Worthington will break down the differences and benefits of both options. Let’s get started by going over what differentiates selling from trading a car!

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What’s the Difference Between Selling and Trading Your Car?

The key difference between these two events is what you get from the transaction at the end. The process starts the same for both: you’ll have the vehicle valuated and it will end up with the dealership.

When you’re selling your vehicle, you’re exchanging your current vehicle for cash. After the transaction, you’ll walk away with a check in the amount of what your vehicle is worth.

With a vehicle trade-in, you’re exchanging your current vehicle for another vehicle on the dealership’s lot. It won’t be an equal trade exactly. The dealership will value how much your current vehicle is worth and apply that value to your next vehicle. Then, you’ll pay the difference out of pocket or with a loan.

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Should I Sell My Car to a Dealership?

Selling your car to our dealership is a great idea for those who are looking to transform their lifestyle. Maybe you’re looking to move into downtown where you can walk everywhere, or you and your partner just bought a house and can now commute together.

Either way, selling your car can help pad your bank account for the next big step in your life. You can go about this one of two ways: privately or at a dealership. The former requires a lot of legwork on your end without guaranteeing a sale after coordinating test drives, dealing with potential buyers, and running through all the paperwork on your own.

When you sell to a dealership, the team does all of that for you. Just bring your car in and have our skilled service team valuate your vehicle.

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Why Consider Trading Your Car Instead?

Trading in your vehicle serves as the most ideal option for those who still need a vehicle after the transaction. The trade-in process drastically simplifies the car-shopping process. Rather than selling your car, pocketing the cash, and shopping for a whole new vehicle, you can take care of it all in one simple transaction.

Like with a vehicle sale, you’ll first have your vehicle valuated at the dealership. Then, you’ll be able to use that value towards your next car. For example, your current vehicle is worth $10,000 and the vehicle you want on the lot is worth $25,000. When you trade your vehicle, you’ll only pay $15,000 and that’s the only portion you’ll pay taxes on as well.

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Sell or Trade Your Car near Powell, Ohio

Ready to kickstart your sale or trade? Our team at Mark Wahlberg Chevrolet of Worthington can help! With years of experience in helping Powell, OH, drivers sell, buy, trade, and lease vehicles, we’re the perfect team to walk you through this next chapter.

You can get started on your sale or trade by taking advantage of the many online finance tools like our Value Your Trade tool, Payment Calculator, or online credit application. Then, give us a call to schedule a time to come meet our finance team!

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