Selling your car: trade-in, private sale, instant offers or donation
You can sell a car quickly or for the most money, rarely both. Knowing the options helps you pick the right trade-off.
Instant online offers
Online buyers give a quote within minutes and often collect the car. It is fast and simple, but usually pays less than a private sale. Get offers from several buyers.
Dealer trade-in
Convenient if you are buying another car, and in many states you pay sales tax only on the difference. Negotiate the trade-in value separately from the new car price.
Private sale
Usually brings the highest price but takes more time, involves meeting strangers and handling payment safely. Accept secure payment methods and meet in public places.
Junk cars
Cars that no longer run can be sold for scrap or parts. Compare quotes and confirm towing is free.
Donation
Donating to a qualified charity can bring a tax deduction. The deduction rules depend on what the charity does with the car, so ask for the paperwork and check with a tax professional.
Paperwork
Have the title ready, pay off or arrange the loan payoff, sign a bill of sale, cancel insurance after the sale, and notify your state’s motor vehicle agency where required.