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When you sell a car online, you are often still meeting with strangers if you choose to sell to a local private party. You might even be in the car with a stranger for a test drive.
For example, selling to a private party will likely bring the most significant profit, but it requires time and effort. An instant cash offer requires minimal effort and provides a bigger return ...
Private party resale value: This is the value you can expect to sell your car at directly to a private buyer. Your vehicle will be sold in its current condition with the private party value and ...
This is also the price that a dealer will typically pay for a car at a dealer wholesale auction. Private-party price is the price expected to pay if buying from an individual. A private-party seller is hoping to get more money than they would with a trade-in to a dealer. A private-party buyer is hoping to pay less than the dealer retail price.
For used cars, Kelley Blue Book provides typical listing price, certified pre-owned price, trade-in value and private party value. [20] [21] Kelley Blue Book also offers expert and consumer vehicle reviews and ratings, and 5-year cost to own information for new cars. [22] [23]
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information. [1]
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