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I’m a car salesman – How to sell your vehicle for the best value if you still owe money on your lease or loan?

I'm a car salesman - How to sell your vehicle for the best value if you still owe money on your lease or loan?

Being indebted to your lease or loan doesn’t mean you can’t sell your whip successfully.

Car salesman and TikTok maker Deshone posted a video where he teaches you how to take full advantage of today’s car salesman market.

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Deshone was a car salesman for Mercedes for five years and a further five years as a General Motors salesmanCredit: TikTok

Deshone shows how car inventory shortages will increase your selling price, but not forever.

The auto market has more demand than supply as the stock shortage lasted from 2021 well into 2022.

A global shortage of microchips, recent Covid-19 lockdowns in China and inflation are key factors disrupting the automotive industry’s supply chain.

Senior Director of PureCars’ accounts, Lauren Donaldson, said: “The benefit to consumers is that although prices are higher, your trade-in will never be worth more than it is now, and that can put you in a better position to buy a newer car. to buy”, Consumer Reports notes.

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It’s best to cash in your car sooner rather than later when dealing with today’s precarious market.

The stock of new cars will gradually normalize over the next year, decreasing the value of your used car.

Deshone reports that dealers don’t pay the most if you decide to sell your car.

The TikTok car salesman recommends calling your bank and asking how much you owe on your vehicle before advertising the model.

This outstanding amount is known as a redemption.

Deshone suggests that you take your payout figure to the following websites to save thousands in 20 minutes:

You can use the above websites to look for the best selling quote that will pay off your car.

If you owe $15k on a $20k auto sale offer, this list of websites will pay off your remaining amount owed, leaving you with a $5k profit.

Deshone's website recommendations for getting sales quotes for your vehicle

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Deshone’s website recommendations for getting sales quotes for your vehicleCredit: TikTok

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