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When it comes to getting rid of your car, there are plenty of options

When you're looking to buy a new car, you're faced with choices every step of the way. And nowhere is that more true than when you're selling your old car.

Selling privately can make you the most money - with nobody in the middle taking a cut, you can get the true market value. However, this could delay getting your new car and showing prospective buyers your old one can be time consuming.

Part-exchanging will make buying a new car a speedier process. However, a dealership might not be as generous as a private buyer since it will need to sell the car on to make a profit. You might consider selling to a dealer even if you're not buying a new car, but there'll be no incentive for the salesman to keep you sweet with a generous offer.

Auctions are another option. You won't have strangers coming to your home and the auction house will be responsible for collecting the buyer's cash. But there is a catch - how much you make on the car depends entirely on the bidders.