Selling any one of our personal possessions like a car is not an easy task. Many people hand over their used cars to dealers for sale in order to save time and effort. But, if you want to sell your old car with highest price, then the best option is to advertise and sell it privately. Even though it takes weeks or months, selling the old car yourself helps you to earn extra sum by skipping the dealer fees. Just, a few hours of initial prep work is needed to get the best price possible for the used car. The downside of selling the vehicle privately is that you have to deal with off-hour phone calls and to meet the strangers for inspections and test drives. Few basic rules can make the process of selling used car easy. While selling the old car, honesty and the right information are very important. Follow the below tips to sell the old car for as much profit as possible.
Tips to Sell Old Car with Highest Price
Know the Real Value
Pricing your car realistically is very important as underpricing can cost you money and overpricing can cause you to lose the best buyers. To determine the real value of your car, you can use car pricing websites such as Whatcar.com, Autotrader.com, Kbb.com, KellyBlueBook.com, Nada.com, Edmunds.com, Autos.yahoo.com and Cars.com. You have to enter correct details of the car and these sites will show you accurate valuation of the car based on the model and condition. You can even compare the similar cars that are sold on Craigslist, Cars.com or eBay Motors and set your price.
Get an inspection and tuneup
Get you car professionally inspected to make sure that everything is perfect and in good condition. Take your vehicle to a garage and ensure that there are no leaking hoses, small cracks in the windshield, squeaking brakes and burnt oil. Minor repairs such as blown fuses, paint scratches, worn out upholstery, broken lights and damaged sun film should be done. Never repaint the vehicle.
Clean Your Car or Get It Professionally Detailed
We all know that the first impression is the last one. A clean and nice-looking car always fetches more money compared to dirty car. Clean stains, dirt and crumbs from inside and outside. Vacuum the inside, change the worn, dirty floor mats as well as clean the windows inside and out. Also clean the engine bay as many buyers pop the hood to see the motor. Cleaned car gives the impression that you have kept it well-maintained. You can also get the car professionally detailed by spending $50 to $200. Reconsider the modifications that you have added to your vehicle.
Take dozens of good quality photos of your vehicle for marketing purposes from all the angles. Take several exterior shots: corners & sides and pictures of all the wheels, interior shots: dashboard & back seats and closeups of special features: sunroof, navigation screen, power seat button, DVD players & satellite radio button.
You are required to write a simple classified ad that highlights all the strong points of the vehicle. But, don’t lie. Mention weak points of your vehicle as this will make the buyers trust you. You should put the mileage, year, model, color, price, number of owners and your phone number in the advertisement. Never include your address and phrases like Fully Loaded, Best Offer and Like New in the advertisement.
After creating an effective advertisement, you can advertise the vehicle through online and print classifieds. Post the advertisement online for free at websites likes AutoTrader.com, Cars.com, Craigslist.com and eBay Classifieds along with vehicle information and photos. Place an advertisement in your local newspapers and other classified ad resources. Display a “For Sale” sign in your shop, in the window of the car and in the local coffee shop or store.
Collect All Your Records
Gather all the maintenance and service records like the V5C (registration document), insurance papers, servicing schedule and MOT certificate before buyers ask you. If possible, get a dealer service record to prove that the car is not related with any fraud or fake deal.
While the buyers call or e-mail you, respond them on time. If the potential buyer wants to take a test drive, confirm that he/she has a driver's license. Never allow the buyer to take the test drive alone as they might not come back. Don’t get panic when the buyer asks for professional inspection that’s reasonable request.
Bill Of Sale
While someone agrees to buy the car, fill out a printed Bill of Sale and get it signed by both, buyer and seller. Make two copies of the Bill of Sale: one for you and one for buyer. Accept cash payment and give the keys to the buyer.
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