Selling a Used Car Versus Trading It
In - Which is Best?You've decided to buy a new car.
The natural question is what to do with your current car. You've
got a couple options, so you need to understand the relative
value of selling a used car versus trading it in when you buy.
The good news is that
understanding the trade-in math can help put a nice chunk of
change in your pocket. The bad news is that the math is not
quite as straightforward as you might think.
Let's say you have a car that
you can sell for privately for $5,000. And let's say you're in
the market for a $25,000 new car. Should you sell your car
yourself, or should you trade it in when you buy the new one? Read rest of article
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