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Should I sell my car back to the dealer or sell it privately if I have buyer's remorse?
Is it better to sell a car back to the dealer or sell it privately? I bought a car about a month ago from a dealer, but I'm having significant buyer's remorse.
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“If you sell the car back to the dealer, you’ll get a lower value for your car. This means you could still owe on the loan and not have anything to show for it.
If you
sell to a private individual
, you’ll get more money, but you’ll have to do all the legwork to find a buyer. So both have benefits and drawbacks.”View full answer
- Gregory R.
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