Glockner Buying Center in Portsmouth, OH

Unlock Maximum Benefits When You Sell Your Vehicle to Glockner CDJR of Portsmouth

Whether you are looking to purchase a new vehicle or need cash fast, selling your car, truck, or SUV to Glockner CDJR of Portsmouth is the best course of action! Since we opened our doors, we have provided residents with fast, trustworthy, and reliable automotive solutions. Here are a few top reasons customers sell their vehicles to Glockner CDJR of Portsmouth.

1. Hassle-Free Process:

Selling your car to a dealership bypasses the inconveniences of private sales. You will save valuable time that would otherwise be spent listing your car online, dealing with potential buyers, and arranging test drives, all while avoiding the need to welcome strangers into your home.

2. Save Time:

Selling your vehicle to a private citizen can take a few days to several months. And time is money! Instead of going through the lengthy selling process to a private citizen, Glockner CDJR of Portsmouth can complete the entire transaction in hours.

3. Avoid Having Repairs:

When you trade or sell your vehicle to Glockner CDJR of Portsmouth, we will buy it as is! This means you do not have to schedule expensive repairs or detail services that you would if you sold it to a private citizen.

4. No Need for Advertising or Showings:

Unlike selling your vehicle privately, trading it into the dealership eliminates the need for advertising, scheduling showings, and dealing with potential buyers, saving you time and hassle.

5. Immediate Purchase Power:

Trading in your vehicle provides immediate equity you can apply towards purchasing your new vehicle, reducing the amount you need to finance or pay upfront.

Unlock Tax Savings at Glockner CDJR of Portsmouth

While most drivers assume selling a vehicle to a private citizen will net the most money, this is not always the case. At Glockner CDJR of Portsmouth, we pay over market value. But you can also capitalize on significant tax savings when you sell or trade your vehicle at Glockner CDJR of Portsmouth! This exclusive tax incentive applies whenever you sell us your current car and purchase another. In short, the value of your trade-in vehicle is deducted from the sales price, and you will only pay tax on the net difference. Because Ohio allows you to deduct the trade-in value from the sales price, you can save thousands.

For example, if you are looking at a $40,000 vehicle and the sales tax rate is 7.25%, you will owe around $2,900 in taxes. However, if you were to sell your current car to Glockner CDJR of Portsmouth - worth $25,000 - you would substantially reduce the sales price of the new vehicle from $40,000 to $15,000. This would slash your tax bill from $2,900 to around $1,087.50. That is a tax savings of $1812.50 you gained from selling your vehicle to Glockner CDJR of Portsmouth and purchasing a new one.

The savings potential increases with a higher trade-in value. You could save even more on Ohio sales tax if you have a newer model car, truck, or SUV in excellent condition. However, this benefit only applies if you trade in your vehicle simultaneously with your new purchase from Glockner CDJR of Portsmouth. Selling your car to a private citizen would cause you to forfeit any potential tax savings. Instead, when you sell your vehicle to a private citizen and then purchase a car in two separate transactions, you will pay taxes on the entire purchase price of the new car.

Contact Glockner CDJR of Portsmouth

If you want maximum value for your vehicle, Glockner CDJR of Portsmouth will meet your needs and exceed your expectations.