The Advantages of Selling Your Car to a Dealership

Before you buy a new or pre-owned vehicle at Sport Chevrolet, you have to do something about your old one. You’ll honestly make the most money selling it to a person because he or she can offer you the high Blue Book value. Or you can sell it to us who can give you, at most, the high wholesale value. However, as a dealership, we offer many benefits over selling to a private individual.

Trustworthiness

Most people are honest. They want a fair deal that benefits both the buyer and the seller. But if you're only selling your one car, can you take a chance that the interested party is not trustworthy? Maybe his personal check is going to bounce for lack of funds. Or worse yet, she'll allege that there's some performance problem with the vehicle and sue you to get her money back.
When you sell to a dealer like us, you're assured that the transaction will be trustworthy and aboveboard. We have a reputation to live up to, having satisfied customers in Silver Spring, MD, since 1968. Any payment that you receive from us will be honored at your bank or credit union. And after we take possession of your car, you can completely forget about it.

Convenience

Here's what you have to go through when you decide to sell to a private individual:

Pay off any outstanding loans because you will not have a title to transfer if you still owe money on the car.
Make any repairs because nobody wants to buy a vehicle that is not functioning at 100 percent.
Clean the car inside and out to make it more attractive to buyers.
Create an advertisement to place at an online site or at your local newspaper. This will cost you money.
Answer any inquiries by phone, text, or email about your car.
Schedule test drives with the potential buyers and hope that they show up at the appointed time.
Title for a price and accept payment, hoping that the funds are good. Even if you do get your money, it usually takes time for the check to clear.
Transfer the title and process any paperwork to give ownership to the buyer.

Here's what you have to do to sell your car to a dealership: drive it over to our facility, accept the price that we give you, and hand over the keys. We can even take care of any outstanding financing, repairs, and paperwork.
Which is more convenient for you?

Saving Money

You can actually save money on your next car if you sell your vehicle to us in the form of a trade-in. Rather than receiving cash, you'll get credit, typically for a larger amount, on your purchase.
For example, assume you want a car that costs $30,000 and finance it at an annual percentage rate of 2.9 percent over 48 months.

Without a trade-in, you will pay a monthly installment of $663. Multiply that over the life of the loan and your total expense reaches $31,824.
If your trade-in is worth $6,000, your monthly payment goes down to $530 for a total spend of $25,440. You will save $6,384, which is actually more than what you're trade-in was worth.

If you want to play around with how different trade-in values affect your monthly payment, check out our handy online Payment Calculator.

Getting the Most for Your Trade-In

If you decide to trade in your vehicle, you can get the most money by following these steps:

Research the value. Numerous sites can reveal the value of a used vehicle, including Kelley Blue Book. You want to find out this amount in advance, so you'll know that what we are offering is fair.
Restore the originals. You want to restore your vehicle to as much of its original condition as possible because that's what our potential buyers are looking for. Include all the original equipment, if you still have them, as well as all documentation, such as the owner's manual and the instructions for the multimedia system.
Eliminate additions. You want to remove any add-ons or accessories, such as leather seat covers or kids' toys because you're not going to get credit for them. Save them for your next car instead.