Whether it's because of a tight economy or because you don't know how to sell a car, it might be difficult to unload your car. Start with the original idea of a private sale, but don't stop there. If the goal is to get rid of an unwanted car as quickly or as stress-free as possible, try all the options.
Step 1
Advertise it in the used-car section of your local newspaper. Be clear and honest in the ad and let prospective buyers know of any problems, either mechanical or cosmetic. CarTalk.com recommends advertising its advantages too, such as low mileage, new seats or being the original owner. If you recently tuned up the car or installed a stereo system, mention that, too. Extras can help you sell the car faster.
Step 2
Sell it for cheap. If the car is old or has an obvious major problem, you can offer to sell it "as is" through an online forum or bulletin board such as Craigslist. Always ask more than you would like to get because people are likely to try to talk you down on the price. If the forum allows photos, wash your car well and take a few pictures so prospective buyers know what to expect.
Step 3
Trade in the car for a new one. According to Cars.com, trading in a car allows you to avoid the hassles of dealing with a private sale. This means, of course, that you will be buying a new car, so this is only an option if you're looking to change, rather than cash in, your car. Trade-ins usually get you less money than a private sale would, so keep that in mind and be ready to negotiate with the dealer.
Step 4
Donate it for a tax deduction. Giving your car to a qualified 501(c)(3) organization means you should be able to take a tax write-off for the blue book value of the vehicle. Depending on the price of the vehicle, you might need a simple slip or a special tax form from the organization to acknowledge the donation. Get the right paperwork or the donation might not be valid at tax time.
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