If you sell the car yourself, you might get a figure between wholesale and retail pricing, earning yourself hundreds or even thousands of dollars more on your old car. But before you decide to sell it on your own, ask yourself these questions:
If your answer is "no" to any of these questions, you probably shouldn't try to sell your car to a private party. You might, however, consider selling it to a new-car dealer who sells the same make as your used car. Instead of trading your old Camry to the Ford dealer who is selling you a new Explorer, see if a Toyota dealer will buy your Camry. New-car dealers are always looking for clean, late-model used cars of the same make as their new-car franchise, especially if they have certified used-car programs. The Toyota dealer may give you more for your Camry in what car dealers call a "street sale" than the Ford dealer will give you as a trade-in. Also, CarMax and other used-car superstores will generally offer reasonable prices to purchase cars on-site after a brief inspection, without tying that transaction to the purchase of another vehicle.