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If you want the most for your money, sell your car privately. Also, if you have the stock parts, perhaps give the buyer an option to buy the car as is (modded) or return the car back to stock and sell your mods to other car forum members. If you trade your car in, return it to stock because you will not get a dime extra for any of the mods that you have added to the car.
Trade ins are normally easier for people because there is less of a hassle. Downfall is you will not get what you want and when the dealership turns around to sell your old car, you will be somewhat shocked at the dealer's asking price. You will be shocked even more when you find the buyer who paid for the car from the dealer.
Good example: I had a 2010 Cobalt SS turbocharged with GMS1 and after market rims. I could have easily made $2000+ on top of what the dealer was going to offer me had I sold it privately and also save the buyer of my old car a few $1000.
Yea... the dealership was trying to flip my car for $5000 profit.
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