You are in: Home > Lemon Law

Selling Your Old Car on Consignment

15th February 2011
By johnsmith in Lemon Law
RSS Legal RSS    Views: N/A

We buy cars for utility and convenience. Some of us do it more often than the others. It is wise to remove the older cars before bringing in the newer ones. One may find buying a new or used car much easier than deciding what to do with the present one.

You might consider selling your old car through dealer consignment which is relatively a trouble-free way to sell your car.

If you plan to sell your old car through dealer consignment:

* The dealer can handle the sale of your old car in exchange for a service fee or a 6-10 percent commission on its sale
* The dealer then makes it his responsibility to detail, display, and sell your old car for a price you determine
* You are free from the hassles involved in selling the old car on your own
* Almost always you would net a higher value than you would by trading it in

Who does the dealer consignment selling for you

* Only select dealerships accept vehicles for sale on consignment
* Most prefer to take them in on trade

* Those that do are usually specialty dealerships targeting buyers of specialty vehicles

Which are the old cars good for selling through dealer consignment

* Sports cars, luxury cars and classics
* Aging classic Ferrari or Porsche

Consider donating your old car as a charity

The greatest advantage of donating a car is the easiest way to it take off your hands a low-value and hard-to-sell vehicle.

The directives given above are not intended as legal advice. You may pursue your lemon law claim or any other dispute with your automobiles by being in communication with Missouri Lemon Law Attorneys of Krohn & Moss Ltd., or Call 1-800 US LEMON® (800-875-3666) toll free, to reach Krohn & Moss for your FREE initial consultation.

Consumers can get free case review, help and legal representation from our Missouri Lemon Law Attorneys for their Lemon Vehicles.
This article is copyright
Bookmark and Share




Ask a Question about this Article

powered by Yedda