Unless you're in the fortunate position of your first car being new, you'll have a car to get rid of. Unless it's fit for scrap only, you need to get the best price you can for it. These are your options:
- Sell it privately, whether it's in the local newspaper, Autotrader or an classifieds website. The higher the car's value, the further people will come to buy it; nobody will travel 300 miles to look at a £200 banger.
- Trade it in; it's convenient, but you'll get (often much) less than if you were to sell it privately.
- Sell it in an online auction. Be realistic with the pricing and describe it honestly; you could end up making a killing or losing out. It depends on how good the car (and your description) is, as well as who is looking for a car like yours at the time it's listed.
- Sell it to a second-hand car dealer. You'll probably get little more than if you traded it in, but if you shop around you could be better off ultimately.
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