1. Trading it to another consumer
2. Selling it to a dealer
While dealing with a dealer, the first question that will come to your mind is that, are they going to sell you a whole sale price for the car as they are anyway going to retail it again?
Versus trying to sell the car yourself, hoping that there might be a customer who would give you some extra money in connection with the transaction. But then, you have to ask yourself whether you want the time, effort n headache to advertise your car and are willing to deal with the customer, in case he comes up with problems once your car is sold out to him.
What a smart guy would do is, he would do some market research, read blogs like these and some of the guide books that are there in order to get to know the reselling price of his car model. One could look into the papers to see what some cars are going for. But always remember that although the book value may give a pretty good feel for what is worth, remember that these are just guidelines and it also depends a lot in the condition of your particular car. One should take the approximate worth of the car and go to the dealership in order to get atleast a sum near his researched amount. In that way, he would have an idea of what to expect and has less chance of getting deceived. Also, he would not have to face any hassles of posting his car advertisements for sale and be atleast free of getting into any quarrels while dealing with another consumer hearing complaints about his car.
So be wise and make the right choice by doing some research on the cash you deserve on selling your car and approach your local car dealer to find out what he has to offer. Act fast and all the best!