Selling a car is not as easy as making a listing, getting an offer, and consider it a done deal. There are a few ways to consider how you can sell your vehicle. You can choose to trade it in at a dealership or look for a private buyer. Other than that, there are also tons of paperwork involved depending on the method that you choose to sell your car. Below are some tips you can take note of:
- Consider Instant-Cash-Offer Companies
Some people think that selling a car easily happens when there’s already a buyer ready to pounce on your car. And that’s also right! There are actual companies that would make an offer for any car that you have. It is as simple as filling a form, answering questions about the car's make and model, and information about its current condition.
The company will schedule a visit to take a look at the car, and then make calculations for an offer. It is that fast and straightforward. All there’s left is to consider the proposal, and a representative will pick it up if you accept it. There are no additional obligations at all!
- Trading It At A Dealership
If the purpose of selling your current car is to get a new one, you can drop by at a dealership. Depending on the condition of your car, the dealership might take you up on your offer, have you sign a few papers, and you’ll come out driving a newer vehicle. There are also tax benefits as an added advantage of trading your car. But before you make the decision, there are a few factors that you must consider before trading in your vehicle.
If you want to get the most out of the dealership, here are some things you can do:
- A used car dealer might be able to give you a fair deal if your car is a popular at model. Clean cars with a good mileage can fetch a good price for their lot.
- If you’ve been taking care of your car’s appearance, the dealership’s estimator will place a reasonable estimate on its value.
- If your car needs repairs, you can bring it to the dealership to estimate how much the estimator will deduct for repairs. That would give you a chance to make a bargain if you choose to have the car repaired first before agreeing to their offer.
- Sell The Car Privately
As a car owner, you have the choice to look for an interested buyer who might want your car. But you need to realize that it will take time because you’ll be doing all the work yourself.
- Before listing your car, you must first have it checked for mechanical issues and get it fixed if necessary. Get a proper inspection and tune-up to make sure that all the features are in good condition.
- If you can, get a vehicle history report and have the information updated if needed. Your buyers may get a CarFax report once they see your car listing, so it’s better to do it yourself first so you can read it for yourself.
- Take high-definition photos of your car, with at least eight showing corners and sides, pictures of each wheel and tires, close-up of its features such as a sunroof, navigation system, power seat buttons, and more. It’s recommended to take photos in the afternoon for the best lighting.
- Create a listing of various sites such as Auto Trader, Craigslist, Cars.com, eBay, and other local listings. If you have to pay for the listing, do it if you think if it will get maximum exposure to your car. You can also post on Facebook Marketplace and local buy and sell groups in your community.
- Price Your Car Right
Before pricing your car, look for similar models of your vehicle that already has a listing online. Look for one with the same age and trim level. If you’ve managed to get your car fixed or upgraded, that’s even better because more buyers may be interested if you position such features as a selling point.
There are a few ways on how to sell your car and get the most value for it. But you need to understand that you also need to make people want to buy your car. While it is sold as a secondhand property, it’s better to sell it in the best possible condition. That means maintaining its engine, features, and its appearance to get the most money back from it.