Should I trade my vehicle in or sell it privately?

Last Updated: Aug 07, 2014 03:21PM EDT
In general, selling your vehicle privately will get you more money than trading it into a dealership.

However, if you do not have the time to sell privately, trade-ins are quick and convenient. They eliminate the headache and risks of selling the vehicle yourself.  Further, trade-ins offset some of the cost of your new vehicle, meaning you pay tax on a lesser amount. 
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