Trade-in or sell my car using the classifieds?

So we have a 1991 Infiniti G20 that we want to sell. It has about 150,000 miles on it, and it's been giving us some trouble recently. Anyway, I'm wondering if it's worth it to put it in the classifieds of the local newspaper or should I simply just trade it in at the dealership. I've looked up the Kelley Blue Book value for both trade in and private party, and the private party value is about $700 higher...but is that $700 worth the hassle of paying for putting an ad in the paper and showing the car to a lot of people? Can you get a better trade-in value at the dealership? Any ideas?Trade-in or sell my car using the classifieds?
I would definitly trade it in.

The reason why is the tax credit you would be given for the Infinity.

You have to pay sales tax on whatever you spend on the next vehicle. If you trade in the Infinity - whatever amt they give you for the car will reduce your tax burden by that much.

However, dont be surprised if the dealership wont give you KBB trade in value - sometimes they dont. Just get bids from 2 or 3 dealerships.Trade-in or sell my car using the classifieds?
You'll get a better price by selling it yourself but it will be a hassle. Placing the ad, taking the calls, meeting prospective buyers. Then dealing with the transaction once a buyer is secured.



But a dealer won't offer you much for that car. He can't re-sell it. 16 hear old high mileage cars with problems are going to the auction block and that can reduce the value by up to half of what the "book" says. Dealers are professionals, they do this for a living they know what your car is worth to them. They don't use a book, they use the street.



The best advice I can give is to find the car you want, attempt to trade it in and see what the dealer will offer. If you're insulted by his final offer, walk away and try to sell it for more.



Good luck.