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There are literally millions of people who look to sell a car online every month. The Internet is a vast marketplace, and offers the potential to sell a car without the hassles normally associated with trying to sell it through the newspaper or to a local car dealer.
While it may appear simpler to sell a car online vs. the real world, the web offers its own challenges.
The first is to figure out how to identify reliable car buyers amongst all the people you'll get when you enter Sell Car Online into Google or Yahoo. You'll get used car dealers 1,000 miles away, junk car companies two states away, car donation charities that buy priority listings for people who enter Sell Car Online into a search engine, and everything in between.
The reality is that most cars that have over 80,000 miles or are over ten years old, cost more to tow and store for a week than their Blue Book value.
On the other hand, if you're looking to sell a car online that is still running, it only gets more complicated. Real world and online car dealers offer inflated trade-in values to make money on new car sales and financing. Used car lots offer money for cars, but you often have to pay for towing and title transfer fees, meaning that dealers more than hour away could charge hundreds or thousands in fees.
If you want to sell a car online, whether a junk or serviceable vehicle, start by limiting your search geographically, and look for car buyers within a few hours of your home. Look for companies that promise no fees and free towing service. Above all, get several offers from online firms before you choose which online company to sell your car to.
Don't sign anything until you have cash in hand, and don't be afraid to shop your car around to multiple online sellers. The web makes it easier to reach more potential car buyers. That doesn't mean that it's simpler to sell a car online.