Options for Your Old Car When Upgrading to a New Ride
So you’re considering upgrading your car but unsure what to do with your old one? In this article we’ll share some stats and options in what you can do with your previous car.
Why Upgrade Cars?
There are several reasons for upgrading cars but after surveying over 500 people, we found that the top 3 reasons for upgrading a car are the following:
- Looking for a safer vehicle
- Looking for new technology
- Growing families, need a larger car
Let’s dive into each one.
You may have an older vehicle that doesn’t run as well as it used to. Or it has it’s share of wear & tear and you no longer feel safe driving it anymore. Especially after several repairs, the car doesn’t run the same and so now you’re concerned about your safety. When these thoughts start creeping in, it’s best to start looking for a safer vehicle. Not only will you keep yourself and your family safer, you give yourself peace of mind knowing that you’re no longer driving a clunker. That is why many people choose to sell their junk car to Zippy Cash for Cars, where they use the cash they get towards a safer vehicle.
There are several good reasons why someone might want to buy a new car due to advancements in technology. Continuing with the topic of safety, many new technological features in newer cars can help keep you safe on the road. Modern vehicles now come with advanced safety features like automatic emergency braking, lane keeping assist, blind spot monitoring, etc. These features reduce the risk of accidents.
In addition, new technology have led to more fuel efficient engines and of course the rise of hybrid and electric vehicles. These vehicles are not only better for the environment but can help you save money on fuel costs.
Other technology improvements that you may want to consider when upgrading cars are the infortainment, performance, smart features and convenience. Things such as apple car play, android auto, better suspensions, keyless entry, remote start and parking assist are all additional compelling reasons to get a newer car and get rid of your old one.
Growing Family? Congrats!
If your family is growing and your current or previous car isn’t cutting it, then it’s time to upgrade. Many times you start off with a small economical car but later find that it doesn’t work out with a growing family as you need more space and comfort. In addition, new safety features, reliability, and fuel efficiency all start to play a more important role in your decision-making rather than just how the car looks. Sometimes you simply can’t plan for a larger family but that will have a big impact on the next car you upgrade to.
What to do With My Old Car?
There are several options on what you can do with your old car, and by old we mean the previous or current car you’re upgrading. There are options from trading it in, selling it online to a cash for cars company, selling it privately, listing it online, etc. We’ll dive into some of these options and explore which is best for you.
Cash for Cars Companies
The easiest way to get rid of your old car is selling it to an online cash for cars company. They make the process very easy and is definitely the best option if you have a less than perfect car. These companies specialize in buying cars with mechanical issues, damage, etc. If your car fits any of these categories, it’s the way to go to sell your old car. They’ll come pick-up your car within 1-2 days and pay you on the spot. They’ll also handle all of your paperwork so you never have to leave your house.
Trading In Your Car At a Dealership
If you’re purchasing a new car from a dealership, you can always go down the route of trading in your old car. Many times the dealership will give you an offer on your car, however, be aware that sometimes things aren’t as straightforward as you think.
Typically when purchasing a new car, your best bet is to not inform the dealership about your trade-in until AFTER you’ve gotten the numbers and price for the new car you are purchasing. The reason for this is simple, dealerships will give you a higher offer on your trade-in only to increase the payment of the new car. It’s a simple tactic of making the customer think they’re getting a good deal on their trade-in but in reality they’re just moving the excess money in the trade-in offer to the payment of your new car. In addition, dealerships often don’t prefer taking cars with any mechanical issues, damage, etc. The reason for this is they typically sell their trade-ins through a whole sale auction and these cars don’t do well there.
So, if you consider training in your car, make sure to not let the dealership know until after you’ve gotten a good deal on a new car, only at that time you can inform the dealership of the trade-in to see what they’re actually willing to pay for it. You can then take this price and shop it around.
Selling it Online
Another option to sell your car is to find an online car buying company like Carvana, Vroom, etc. These companies will make an instant offer on your car online as long as it’s not old or has any damage. Once they make you an offer, they’ll send a tow truck to inspect and pick-up the vehicle. It’s a fairly straightforward and easy process. Keep in mind if you decide to sell to CarMax, they request you physically take your car to 1 of their locations to be inspected.
Selling It Privately
If you want to sell your car privately, this is another possible option. Using platforms like Facebook marketplace, craightslist, or others is another way to sell your old car. These options aren’t the best because of the process and safety. You need to create a listing, take photos, write a description, get messages and calls from strangers, some of which who will want to test drive your car at your location, etc.
Donating Your Car
A lesser popular option is donating your car. If you’ve got an old car that isn’t worth much, you can always donate it for a tax deduction. This is our not our recommended choice as it’s easier to sell the car for cash and donate any proceeds to the charity of your choice but it’s still worth considering as it’s an option available to you.
If you’re still holding onto your previous car or are planning to buy a new car but aren’t sure what to do with your current car, you can sell it for some cash. Companies such as Zippy Cash for Cars will purchase any year, make, model and condition car anywhere in the US. We make the process super easy and it comes down to 3 steps:
- Give us a call or fill out our online form for an instant quote.
- Accept the offer.
- We come to you to pick-up your car and pay you on the spot. (we also take care of all of the paperwork)
It’s really that simple – so turn your car into cash today.