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Selling Your Automobile To Help With Your Down Payment For A New Vehicle

When trading your automobile to a car dealership you may lose out on moneys to boost your down payment for a new vehicle. Lager sports utility automobiles; vans and family sedans are very desirable right now. Larger SUV's are considered status symbols and are quick sellers. Sedans are in high demand due to convenience and affordability. Vans are always in need by many people for work reasons. Offered below are some great tips for selling your automobile for a premium. Don't underestimate the value of your automobile.

The first step taken should be to look at the local classifieds for your area and get a feel for what costs are out there on the same or similar makes and models of your vehicle. Next you should use an online resource like Kelly Blue Book to determine a book value based on criteria's like the auto type, condition, and mileage to determine a book value. This process gives you an idea of current prices you can sell your vehicle for. Now you should have an idea of premium selling cost compared to what an auto dealership is willing to give you as a trade in.

You can advertise your automobile in local online classified websites, local newspaper advertisements or even a for sale sign right on your automobile to attract potential buyers. Doing this may be a bit more time consuming, however you can create a situation that gives you the advantage of a larger down payment to lower your new auto payments and overall long term interest rate.

Here is an additional list of Auto selling tips for the sales process:

  • Take care of easy to do small repairs.
  • Have a mechanic create a report of the automobiles current condition.
  • Have all previous maintenance records for prospective buyers.
  • Make sure your car is clean inside an out including; widows, mirrors, dashboard, ashtray and tires.
  • Wipe away all dust from wheel covers.


  • Good luck with selling you Automobile! Thank you for taking the time in reading these valuable tips provided by Auto Credit your online Auto Loan Resource.

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