Tips for Getting the Most Money for Your Car

Here at Duval Buys Cars, we're ready to help drivers in the Jacksonville area get the most out of a car sale. We're committed to offering a spectacular price for your vehicle, but you might be wondering what you can do to get even more money when you sell your car so that you can make the most of this final chapter. How can you get more out of your car? Here are a few tips to help you get the most money for your car.

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Does Selling Your Car Count as Income?

Are you thinking about selling your car in Jacksonville? If so, you've likely found yourself wondering if the sale of your vehicle counts as income for the purposes of filing your taxes. Is selling your car the kind of thing you have to report? In general, the answer is no, but it can depend on the situation. As long as you don't turn a profit on the sale of your car, you don't need to report it. If you do end up getting more for your car than you paid for it, it becomes a different story…

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Sell your car to a company that’s been in business since 1916

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Duval Buys Cars is a division of Duval Motor Company. It’s a family-owned business that’s been helping people in Northeast Florida buy, sell, finance and service cars for more than a century. One reason we make such incredibly good offers for your car is that we serve many Duval dealerships here in Florida. Demand for pre-owned cars is at high levels so when you want a great offer for your car from a company you can trust, steer your vehicle our way.

 

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Can I Sell My Car If I Still Owe Money on It?

At the Department of Highway Safety and Motor Vehicles (FLHSMV), they state:

"In Florida, a vehicle cannot be legally sold in a private sale if there is an existing lien. For the vehicle to be legally sold, the lien must first be satisfied. Once the lienholder reports to FLHSMV that the lien has been satisfied, the title can be transferred.

Consumers can trade in a vehicle with an existing lien at a dealership. The dealer will have 10 days to satisfy...     

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Selling Your Vehicle Without a Title in Florida



When evaluating used cars during the trade-in process, most dealerships look at a vehicle's title or deed to determine its previous owners and information about its previously-issued condition. However, some drivers do not have a title for their vehicle for one reason or another. While some might assume a car without a title is a stolen one, others have simply gotten abandoned or inherited by people without a proper transfer of documentation. If you find yourself in possession of a car without a title, let us tell you more about how you can sell it for cash with Duval…

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Don't Miss Out on the Tax Savings When You Trade in Your Car in Florida



Are you a Floridian who is thinking of trading in their vehicle for something newer? At Duval Buys Cars, we offer our customers top dollar for their used cars, trucks, and SUVs. We are also the experts when it comes to trading or selling a vehicle. If you want to find the most advantageous way of trading in your pre-owned vehicle, you should come to one of our dealership locations. Our team can tell you all about the tax savings you will receive by trading your vehicle in Florida.

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