Private Sell vs Dealership Trade-In

[Julez]

Private Sell vs Dealership Trade-In

Hey Community. I am new to the private sell of a vehicle and know I will not get close to what I want out of my truck based off KBB (private v dealership).

I just turned 50k in miles on my ‘21 loaded HC (pictured) excellent condition and WELL maintained. I’m curious if others who’ve decided to go private instead of trade-in was it a $’s decision or was it something else? Also, is KBB pretty accurate? Has anyone done an outright sell to Carmax?

TIA!

 

[CCPLuvr]

One thing to weigh is the tax benefit of trading your vehicle to a dealer vs the additional recouped from a private sale. If you can make enough privately to cover the tax reduction then it makes sense in my mind.

 

[tom3]

Dealer lots are full right now. Find what you want on a lot, do the research on your trade in and come up with a deal you're good with. We usually give the sales guy an out the door offer. If not real close, walk and go the private sale route. You'd be surprised how they will make numbers work. Your HC is a desirable machine, could do well either way.

 

[noob]

Problem I've found with private sale of a nice car is no one has the "cash" to actually buy it. At a dealer, it's easy to just use their financing department and get into a car. But listing it locally, you will get a dozen calls on, "do you finance" "can you hold it for a couple months while I get my money together" etc.