Over three-fifths of people fear selling their car according to research.
In a survey, 61% of people dreaded the thought of selling their car with over a third of people fearing being ripped off when selling their car.
Fear was more prevalent among women with 68% women versus 53% men dreading the thought of selling their car while 40% of women fear being ripped off compared with 28% of men according to the research from online car selling platform tootle.
Over a quarter of people found haggling the most stressful when selling a car and 24% of people have had a bad experience selling a used car
“The prices offered by dealers on a car can vary dramatically depending how desirable that particular model is to their customer base - and it’s this inconsistency in pricing that can make consumers feel like they’re being ripped off,” said Al Taylor, tootle CEO.
“Our research also suggests that sellers get a below market price from car buying services or part-exchanging with a single dealer because the car will end up being put through auction - the cost of which is deducted from the offer price.”