If you are planning to upgrade your car, and want to sell off your old one, you may often be confused about which order to do those in. Selling the old car before buying another one will make some space in your garage and add a decent amount to the car purchase fund. However, you also don’t want to sell your car too soon and settle for less than what it is worth.

Here are some reasons why selling your car before buying a new one s a good idea.

1. Uncertain waiting period

When you have put your car on the market, there is no telling when you will finally be able to sell your car. The right deal may come along within days or weeks or your car can be on the market for months without attracting many buyers.

2. Hassle with private trading

If you are planning to sell your car yourself, you will have to make sure that word gets out that your car is on sale. This means putting advertisements in newspapers and printing flyers which will cost you money. You will also have to handle the incoming traffic of interested buyers, taking calls and meeting people, which could take a lot of your time and interrupt your work.

3. Pricing right

The used cars business is a buyer’s market. There are a lot of factors to keep in mind when deciding on the asking price, such as the current price and market for the model, the repairs and additional upgrades in your car, fuel consumption etc. Therefore, there may be chances that you will have to negotiate into selling your car at a price much lesser than what it is worth.

One way to avoid the stress and uncertainty while selling your old car is to sell it to a dealership. You could trade your old model at the car dealer’s for the new one. This will not only save you some money on the new car, but also prevent you the paperwork and inconvenience in trying to do it yourself.