Selling to Peddle vs. trading to a dealership

Share article:

2 min read

When it comes time to say toodle-oo to your old, faithful ride and upgrade to a newer one, you may be faced with the big decision of whether to sell your car privately or trade it in at a dealership. Both options have their ups and downs, so let's peel back this onion of selling versus trading.

One-stop-shop

Trading in your car might be up your alley if you don’t have time to create an ad, reply to emails, meet potential buyers, and organize test drives. Dealerships skip the hodgepodge of selling your car privately and make it easy to take your ride off your hands for the right price.

The value of your trade-in gets subtracted from your new car's price tag, which lowers how much you pay in total and monthly. In most states, you'll only pay taxes on the reduced amount of your new car after the trade-in.

Not all cars are tradable

But there's a but, a big one, and we cannot lie. The dealership will likely give you a lowball offer for your trade-in based on their guesstimation. Now you're in a pickle with little room to negotiate, and money left on the table because you didn't sell your car privately.

Another thing to keep in mind is the overall condition of your car. If it needs repairs, has higher mileage, or is over ten years old, they may not make you an offer. So, selling your car privately might be your only option.

Sell your car the easy way

Luckily, there's a third option, which is selling your car with Peddle. We wipe out the headache of a private sale and offer step-by-step instructions for transferring ownership. That way, you don't have to worry about muffing up the paperwork. Plus, we’ll pick up your car for free and pay you on the spot. See what your car is worth and get an instant offer today.

Over 146k five-star reviews

Brian
logo
5.0
Super easy to work with! Got way more value for my car than anyone else would offer. The online process was simple to use. The person picking up the car was professional and straightforward. Pleased with my experience! Definitely recommend.
Shanae
logo
Recommended
I've used them twice to get rid of cars either not running or not in good shape. Fair offer, you know just what you're getting. And you don't have to worry about a bunch of spam calls or waiting on competing offers like you do other places. The company partner contacted me same day and were very quick to schedule.
Adam
logo
5.0
What a great experience! Very easy. Sad to see my car dead on the side of the road, but Peddle made everything smooth: I did the online quote, they sent a truck out the next day, and I was paid immediately. Thank you, Peddle!
Larry
logo
5.0
Was very skeptical at first. But after using Peddle I can't believe what an amazing experience. They went above and beyond anything I could have imagined. I now sing the praises of this website to everyone I know. Thanks again for such an incredible process from start to finish. You have certainly raise the bar.
Mike
logo
5.0
Selling my old junk car couldn't have been easier than what this was. A couple of clicks on the keyboard one or two phone calls between transport and was done!!! Happy with the price I got, trade in prices were much lower than what I got from peddle. If there is a need to use this service again I will gladly do it!!
Kevin
logo
5.0
Peddle made the process to sell my 2007 Honda Fit super easy. Received a quote within minutes of submitting my information and their price was significantly higher than others. Their local pick-up partner was also responsive and worked with me on what could have been a logistical nightmare. Highly Recommend.
Emiliy
logo
Recommended
Awesome experience! I was apprehensive at first because everything seemed too simple. I answered a few questions, received a quote and scheduled pick up. Communication is excellent. The pick-up driver was very professional and knowledgeable. I got $685 for my 2004 Lexus ES
Laura
logo
5.0
This has been the easiest way to take care of my car after the engine broke. They were fast, smooth, convenient and professional. Everything from scheduling to pick up to the offer and payment was a breeze. Will definitely recommend
Timothy
logo
5.0
My mother's 2003 Nissan Xterra had a broken timing belt and was too old to consider such a costly repair. We just needed to get rid of it. Peddle was hassle-free, very responsive, and gave us same-day service with a great offer!
Julia
logo
Recommended
This was such a quick and easy service to use! I cleaned my things out of the vehicle and it was ready to be picked up. I went online last night, it was towed this afternoon. My tow driver Will, is awesome!! Thank you so much, I definitely thought this was going to be a hassle and it couldn't have been more simple!
Kelley
logo
5.0
Peddle gave me the best offer of the four companies I contacted. The tow people (a really nice couple!) showed up as scheduled, handed over the check and towed away my terminal old Camry. I really nice experience and I would recommend Peddle wholeheartedly.
Charles
logo
5.0
Very easy and fast process. Peddle offered me significantly more than other companies. In less than 24-hrs from clicking the "Accept Offer" button, my 2015 Toyota Highlander was picked up and check in hand. Could not have gone any better. Highly recommend!
Brian
logo
5.0
Super easy to work with! Got way more value for my car than anyone else would offer. The online process was simple to use. The person picking up the car was professional and straightforward. Pleased with my experience! Definitely recommend.
Shanae
logo
Recommended
I've used them twice to get rid of cars either not running or not in good shape. Fair offer, you know just what you're getting. And you don't have to worry about a bunch of spam calls or waiting on competing offers like you do other places. The company partner contacted me same day and were very quick to schedule.
Adam
logo
5.0
What a great experience! Very easy. Sad to see my car dead on the side of the road, but Peddle made everything smooth: I did the online quote, they sent a truck out the next day, and I was paid immediately. Thank you, Peddle!
Larry
logo
5.0
Was very skeptical at first. But after using Peddle I can't believe what an amazing experience. They went above and beyond anything I could have imagined. I now sing the praises of this website to everyone I know. Thanks again for such an incredible process from start to finish. You have certainly raise the bar.
Mike
logo
5.0
Selling my old junk car couldn't have been easier than what this was. A couple of clicks on the keyboard one or two phone calls between transport and was done!!! Happy with the price I got, trade in prices were much lower than what I got from peddle. If there is a need to use this service again I will gladly do it!!
Kevin
logo
5.0
Peddle made the process to sell my 2007 Honda Fit super easy. Received a quote within minutes of submitting my information and their price was significantly higher than others. Their local pick-up partner was also responsive and worked with me on what could have been a logistical nightmare. Highly Recommend.
Emiliy
logo
Recommended
Awesome experience! I was apprehensive at first because everything seemed too simple. I answered a few questions, received a quote and scheduled pick up. Communication is excellent. The pick-up driver was very professional and knowledgeable. I got $685 for my 2004 Lexus ES
Laura
logo
5.0
This has been the easiest way to take care of my car after the engine broke. They were fast, smooth, convenient and professional. Everything from scheduling to pick up to the offer and payment was a breeze. Will definitely recommend
Timothy
logo
5.0
My mother's 2003 Nissan Xterra had a broken timing belt and was too old to consider such a costly repair. We just needed to get rid of it. Peddle was hassle-free, very responsive, and gave us same-day service with a great offer!
Julia
logo
Recommended
This was such a quick and easy service to use! I cleaned my things out of the vehicle and it was ready to be picked up. I went online last night, it was towed this afternoon. My tow driver Will, is awesome!! Thank you so much, I definitely thought this was going to be a hassle and it couldn't have been more simple!
Kelley
logo
5.0
Peddle gave me the best offer of the four companies I contacted. The tow people (a really nice couple!) showed up as scheduled, handed over the check and towed away my terminal old Camry. I really nice experience and I would recommend Peddle wholeheartedly.
Charles
logo
5.0
Very easy and fast process. Peddle offered me significantly more than other companies. In less than 24-hrs from clicking the "Accept Offer" button, my 2015 Toyota Highlander was picked up and check in hand. Could not have gone any better. Highly recommend!
As seen on:
NBC
CBS
USA TODAY
yahoo finance
abc
FOX NEWS channel
Forbes

IT'S SO EASY TO SELL YOUR CAR WITH PEDDLE

Frequently Asked

TOP NOTCH CUSTOMER SERVICE

TOP NOTCH CUSTOMER SERVICE

HOW CAN WE HELP?

Smooth operators are standing by with answers so you can sell your car without a hiccup.