 TITLE: Should I Sell or Trade In My Car? CONTENT: Trading in your car can be the right move in certain situations. Here are just a few examples:\n*   You don't have time or the desire to go through the private-party sale process.\n*   You don't have a down payment and can't afford the new car without one.\n*   You prefer the convenience the dealership provides.\n*   You're not worried about losing money by trading in your vehicle.\nThere are also some clear disadvantages to keep in mind. Here's when you should consider avoiding a trade-in:\n*   You'd lose a significant amount of money if you traded it in.\n*   You have time to go through the selling process and negotiate the best deal for yourself.\n*   You don't need extra money for a down payment on the new car.\nIf you decide to trade in your vehicle, make sure it's clean when you visit the dealership you want to buy a car from. Let the salesperson know you want to trade in your current vehicle, and they'll start the negotiation process. Do your research beforehand to understand the car's value and use that information to negotiate a better deal.\nOnce you've come to an agreement, the dealer will buy the vehicle, use the money to reduce the sales price of the new one, and if you have an auto loan, pay it off on your behalf. END