Selling your car to buy a new one: what you need to know
Are you looking for a buyer for your old car and planning to buy one? Opt for recovery from an automotive professional, easy and 100% reliable.
Auto trade-in in more detail
Are you tired of your car? Are you experiencing repeated breakdowns that are costly? The solution: sell your car and buy a new one. The sale of used cars is commonplace. On sales sites and on social networks you can find hundreds of sales announcements. This trend reflects a certain preference for owners to sell cars to individuals. Indeed, selling used cars to an individual has a major advantage. It allows the seller to set the price of his car himself. In other words, selling a car to an individual allows you to earn more. However, be aware that in private sales, the seller is responsible for everything relating to the car. To know :
Posting online sales announcements.
It is important to mention that, in the context of a sale to an individual, the delay can be very long. It is common for a sale to last several months. It is very rare for a used car to leave the same day the ad appers.
To relieve yourself of all this, opt for car recovery by a professional. Purchasing used vehicles from an automotive professional is simple and reliable. You must first contact the professional in question. This may be a dealer, a mechanic or an agent. Please note that the auto trade-in is subject to certain conditions. The car in question must be roadworthy. The papers must also be in order and in the name of the owner. There are indeed exceptions. However, it is preferable to put all the chances of a sale on your side by ensuring the condition of your vehicle.
When selling to a professional, it is the latter who sets the price of the car to be sold. He therefore makes an estimate of the value of the vehicle. To do this, it uses the auto rating as a basis for calculation. Then, he carries out an in-depth examination of the vehicle. Then review all the technical characteristics and functionalities of the vehicle:
Once the examination has been carried out, the professional gives the final selling price of the car in its condition. If the seller accepts the terms of the sale, it can then be made.
There are two types of auto recovery:
Prefer the first option if you want a quick sale of your car. With a cash return, your payment is made within 48 hours following the sale.
Auto trade-in is suitable for all vehicles, without exception. From high-end city cars (e.g. Peugeot GT Line) to collector’s vehicles (e.g. Intens).
Auto trade-in with buyback option
Auto trade-in with buyout option is defined by its very name. This type of trade-in is conditioned by the purchase of one or more new vehicles after the sale of the old one. The procedures for selling a used vehicle are the same as for cash trade-in. The point that must be emphasized is that the car must be in order. Regardless of the context, selling and/or buying a car without documents is prohibited in France.
Once the sale is complete, both parties switch roles. You then become a buyer and the professional, a seller. The transaction then takes the form of a vehicle purchase. Buying a car from a professional has many advantages. The first and most important is that buyers all benefit from the manufacturer’s warranty. So you can be sure of buying a car in excellent condition. Note: regarding vehicle buyback, you can choose between a used car or a new car. The second advantage, and not the least, is that you can negotiate the price of your new car. Thanks to this, you can choose a more efficient, more advanced, and more expensive car model. In addition, add to the negotiated amount the selling price of your old vehicle and the budget prepared in advance. Once the calculation is complete, discover that there is no point in taking out credit for the purchase of a new car. If you are a busy person, the biggest benefit of auto trade-in is the time savings. Indeed, all administrative procedures are the responsibility of the professional. All you have to do is go to his house and he will take care of the rest.
Trade-in with buyout is one of the services we offer at BYmyCAR. For more information, please make an appointment at one of our agencies, or contact us online or by telephone.
