Sooner or later, your car will no longer be suitable for your needs. Perhaps your family has expanded or your driving habits and routines changed for some other reason. Whatever the reason, you need to sell your car. Luckily, that’s no longer such a big problem as it used to be.
Some things haven’t changed, though. You should put yourself in the shoes of a buyer and make sure you do everything you can to make your car sellable. Here are some tips that should help you complete this task as quickly as possible (and get a good price).
Collect all relevant info
If you don’t know all the important details about your car, make sure you look them up, since every ad you place or inquiry will ask about them. It’s much easier if you’re the first owner, but even if you aren’t, you can still obtain that information through the vehicle identification number (VIN), usually located where the dashboard meets the windshield on the driver’s side.
Know the market
Take a look at the prices owners of similar cars are quoting in your region. This should help you set a realistic price for your car. You may not like what you see, but you have to ask yourself if you’re perhaps adding value to your car because you feel sentimental about it.
Make sure you have all the documents you need to prove you’ve done regular services on the vehicle. The more details you can provide to prospective buyers, the greater the chances of selling your car.
Pictures are worth a lot
Since you’ll most likely have your car advertised online, it’s vital that you have a lot of good pictures of your car, which show its current condition. Don’t be lazy and take pictures of a dirty car, but make sure it’s presentable. Take pictures from all angles and remember that buyers like to see both the interior and exterior of a car they are interested in.
Find a dealer
Before I bought my current car, I needed to sell my car for cash and turned to Carbiz for help. Everything was done very quickly and I was happy with the price I got. I strongly recommend you find such a dealer if you want to conduct the business quickly and efficiently and be satisfied.
Just like your pictures need show the real state of your car, your ad should also provide as many relevant details about the car as possible. You don’t want to attract a potential buyer with false information or something you’ve “forgotten” to mention in the ad, but which is important for a new owner. The more effort you put in crafting your ad, the better off you’ll be.
Negotiate the price
Depending on how urgently you need to sell, your position in the inevitable negotiations may be stronger or weaker. Don’t let the buyer know you’re desperate for cash and don’t reveal what you’re planning to do with the money. Your job is to sell the car and get as much money as possible for it. If you tell them that you’re selling because you want to use a limited offer that expires at the end of the week, they’ll know you’ll be ready to sell for much less than the asking price. So, stay cool, but realistic.
All the documents you sign have to be in accordance with the applicable laws, so don’t accept anything that looks or sounds suspicious. It’s important that you know what needs to be done, so do some research beforehand.
Selling a car nowadays is much easier than ever before, since your potential market is much wider due to the Internet. Still, some basic rules have not changed. You need to be realistic with your asking price, description and pictures, but also firm in negotiations if you really want to be satisfied once the transaction is finished.