* Trading it in: This is the most common option, where the dealership uses the old car's value as a credit towards the new car purchase.
* Selling it privately: This allows them to potentially get a higher price than a trade-in, but requires more effort in advertising and dealing with buyers.
* Selling it to a used car dealership: Similar to a trade-in, but potentially offering a better price than the original dealership.
* Donating it to charity: This is a tax-deductible option, beneficial for those wanting to support a good cause.
* Junking it/scrapping it: If the car is too old, damaged, or has low value, this might be the only feasible option.
* Giving it to a family member or friend: A common choice if someone they know needs a vehicle.
* Using it as a parts car: Keeping it for spare parts for future repairs.
* Leaving it for repossession
