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Get a quote from AutoNation, too. They offered me a higher price than did CarMax and Carvana.
Selling to a commercial buyer like one of those is relatively hassle-free, which made the undoubtedly lower price worth it to me. |
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You sell to a private party. Car has mechanical issue and as a result crashes. They sue saying you should have known X was failing.
Sell to a company. How much price diff? |
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PP reminds me of when selling your car privately you should expect the buyer to get an independent pre-purchase inspection. This usually means taking it to a shop that you also feel comfortable with.
When you finalize purchase, you should supply a Bill of Sale form that has all the details of your transaction along with the words like “buyer is purchasing car in <b>as-is</b>condition”. This form/template can be found on web. |
| My bold didnt work. Meant to bold “AS-IS”. |
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Hi,
I sold via both Carmax and trade-in at dealer....less hassle, safer. |
Got any case names/info for such an event that has ever occurred? |
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Everyone wants to test drive it so you could go with them on a test drive. I sold my wife's car and went on a test drive with four men. After the test drive they bought it.
If you don't want to go with the person on a test drive then sell to carmax and assume any loss. I just traded my car in on a new one and didn't want to have to deal with people. I assumed a loss and moved on. |
I sold cars to a private parties before. I was young and did not think about safety. Everything worked out well, but I would not do it today simply because my risk tolerance is inversely proportional to age and the number of children
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