Make more money when selling a used car
The first tip? Sell privately
Should you buy or lease your new car in Canada?
Looking for a new car? What you should know about leasing versus owning.
“How can I get more money for my used vehicle?”
—Mark Ehmann, Bowmanville, Ont.
Selling your vehicle privately will almost always result in more money, especially if it’s a popular model that sells easily. A good rule when trying to obtain more for a used vehicle from a dealer is to stay with the same make. A franchised dealer with in-house parts and robust marketing support from the manufacturer for their brand will almost certainly offer more than a dealer selling a competing brand. If you are planning to buy a different make or not trading against another vehicle, you should go directly to the used car department of the dealership for an appraisal. That’s because the policy in some vehicle showrooms is to refuse to appraise your used car unless you commit to purchasing a new vehicle from the same dealership.
Ask Iny: Leave your question auto question for George Iny »
Share this article Share on Facebook Share on Twitter Share on Linkedin Share on Reddit Share on Email
Related Articles
What is the Canada Carbon Rebate? Plus, dates and amounts for 2024 rebates
The Canadian government is sending out the last carbon rebate of 2024. See who’s eligible and how much you...
Personal loan versus line of credit: Which should you choose?
Need the best interest rate? Want fixed payments or flexibility? Find out the differences between personal loans and lines...
Driving underwater: Is your car worth less than what you’re paying for it?
Canadians who financed or leased their new vehicles in the last two years could be paying more in loans...
How to buy a car in Canada and get the best loan rate
Buying a car is a big deal. Understand the financial part of the purchase and, hopefully, save yourself some...
The best credit cards in Canada with free roadside assistance for 2024
Roadside assistance is something you never think about—until you need it. Having one of these credit cards will ensure...
The best store credit cards in Canada for 2024
If shopping is your hobby, or you want discounts on everything—from groceries to a new car—check out this list...
Is it a good time to buy a new car?
Vehicle supply is building, and prices are going down. Here’s why the stars may be aligning for new car...
Honda Accord review: The best used car for families
If you need a roomy, reliable and fuel-efficient ride, check out our pick for the best pre-owned family sedan...
Toyota Corolla review: The best used small sedan
The Corolla is Toyota’s bestselling vehicle, as it’s easy to see why. Here’s what to look for when buying...