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If your goal is the most money, a private-party sale will usually beat selling directly to CarMax,
Carvana, or a dealer. Current guidance from NerdWallet and
Kelley Blue Book both says private sales typically produce the highest price, while instant-buy services trade some potential profit for speed and convenience.
My practical ranking
- Private sale on
Autotrader/KBB — Best if maximizing the sale price is the priority. You reach individual buyers who may pay closer to retail value. Autotrader currently offers its Private Seller Exchange with buyer verification, escrow/payment handling, and title-transfer assistance.
Sources6
- nerdwallet.comWhere Can I Sell My Car for the Most Money? - NerdWallet
- kbb.comHow to Sell a Car: 10 Steps for Success - Kelley Blue Book
- autotrader.comAutotrader Sell My Car
- kbb.comSell a Car Online: A 10 Step Guide | Kelley Blue Book
- cars.comSell My Car for Cash Online | Cars.com | Cars.com
- consumerreports.orgHow to Sell Your Car to an Online Retailer - Consumer Reports