One of the biggest assets most people own is their car. A car is a practical necessity, one people keep for years or even decades. Since a car is such an important asset, making sure you go through the right process when buying or selling a car is very important.

Today, the best way to buy or sell a car is online. When buying a car online, you can instantly access thousands of available cars, and when selling a car online, you’ll have access to anyone who’s shopping for a vehicle. Here are seven top websites you should use to buy or sell a car online.

Ebay Motors

For the past 20 years, Ebay has continued to be one of the world’s most popular websites and it’s best known as one of the pioneers of the online auction and shopping industry. Today, Ebay also operates Ebay Motors page, which is a great option for anyone who’s looking to buy or sell a car. One of the main advantages of buying or selling a car on Ebay is the huge inventory of buyers and cars available at any given time.

While there’s a huge selection of buyers and vehicles available on Ebay Motors, there are drawbacks to the website as well. One of the main drawbacks is the higher expense that needs to be paid with each transaction. While many websites today offer the sales connection for free and simply charge a listing, Ebay often still charges a sales commission and brokerage fee. Another disadvantage is that the huge inventory could be located all over the country, which can make it logistically challenging to get your car after you buy it.

Craigslist

While it is not as sophisticated as some of the other websites out there, Craigslist continues to be a great option when you’re looking to buy or sell a car. One of the main advantages is it’s a localized website. This means you can be assured the cars listed for sale are located nearby, which makes it easy for you to go and test drive or inspect before buying.

One of the disadvantages of Craigslist is that it isn’t regulated at all. The website does no work to verify sellers, and it has the reputation of being full of thieves and scammers. Because of this, you need to be very careful when dealing with anyone you meet through Craigslist.

Cars.com

If you are looking for a car that is sold through a dealership, Cars.com is a great option. This website is ideal for buyers as it allows you to filter for cars that are being sold by private parties and those that are being sold by professional dealers. You can also filter by cars that will come with an extended warranty, which is very important if you are looking for additional protection.

One disadvantage of this website is that cars tend to be more expensive. While there is an inventory online of privately-sold cars, most of the inventory is being sold through some form of a dealership.

AutoTrader

Autotrader is another online tool that is great when you are looking to buy or sell a car. If you’re looking to sell your car, this website is a great option as you won’t need to worry about paying any form of commission. Instead, you’ll have to pay a low fee to list your car in the form of an advertising fee. If you aren’t satisfied with the service, you can simply cancel the order when your advertisement has expired.

For those looking to buy, Autotrader is a good option as it has a huge selection of cars located all over the country. Furthermore, the website has partnered with a variety of insurance companies, lenders, and other service providers that can assure you that you will have everything you need in place when it is time to buy your car.

NadaGuides

If you’re looking to get the most information possible when buying a car, NadaGuides is a great place to start your search. This website will provide you with the most information about the make and model of each car that is listed for sale. It’s also be able to offer insight into whether a car is priced well compared to other similar vehicles listed for sale. If you’re interested in a car, the website can help you to obtain a vehicle history report to make sure you know the full history of the car.

When selling a car, NadaGuides will help you to build a great profile. The website will ask a variety of questions to better understand your car and will then build an online profile based on those results.

Hemmings

If you’re simply interested in buying or selling a classic car, you may find more traditional online websites don’t provide you with enough information. Today, Hemmings is continuing to develop a reputation for being a leading online provider and broker of classic cars. The website won’t only help you to buy or sell your car; it can also help you find individual parts you may need for a repair, and the website can even help you to track down the car of your dreams if it’s not listed for sale anywhere.

Carvana

While it hasn’t been around as long as other car websites, Carvana is continuing to grow in popularity. One of the main advantages of buying or selling through this website is the user-friendly website. This website is very easy to navigate, which makes it very easy to find a car that you are looking for. If you are selling, Carvana has several available tools that can help you to market your vehicle and reach the most buyers possible.

When you’re looking to sell or buy a car online, it’s important to carefully consider all your resources and options. As each website has a different focus and specialty, you need to consider the pros and cons of each option and pick the website that will be most effective for you.

This article was worked on by a variety of people from the Autoversed team, including freelancers, editors, and/or other full-time employees.