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Are you
planning to sell your car? In the past, you only had to put an advert on the
windscreen or the local newspaper. With the introduction of online sales, you
have many options. However, the process is a little bit complicated. You can
sell your car either privately or through a dealership. While car dealerships
will guarantee a sale, the price will be relatively low. Therefore, if you do
not mind waiting longer, you will get a better offer for the car. Here is a
guide that will make the selling process smooth.
Prepare the Necessary Documents
When transferring car ownership, you will need the original documents,
including the original sales receipts. Some buyers may also require maintenance
records. Any pending payments on the vehicle need to be cleared, or you can
arrange with the lender to pay later. Do you need to file any paperwork with
the local authorities? Confirm the necessary details and prepare the documents
before putting your car up for sale. A vehicle history report will
also come in handy when dealing with potential buyers.
Set the Price
You can’t just look at your car and decide the amount you want. First, you need
to do a valuation to determine its market price. Many online resources can give
you a price estimate on the make and model of your car. You can also compare
what other sellers in your area are asking for a similar vehicle. Most
potential buyers will want to negotiate, so set the asking price a little bit
higher.
Prepare Your Car for Sale
Do you want your car to fetch serious buyers? Then you need to impress them.
That does not mean you spend money fixing every dent and repainting the
exterior. However, if you can wash the vehicle and vacuum the interior, it will
make a good impression. You can also have a mechanic inspect to ensure the car
is in perfect working condition.
Advertise
Including pictures to your listing will draw potential buyers faster.
Therefore, snap several images from different angles. To get great photos, you
need to shoot from a beautiful location with enough lighting. Post your adverts on
several websites to reach a broad audience. Adding a description alongside the
photos gives buyers additional information. You may want to mention special
features of the car to stand out.
Take Offers and Screen Buyers
After making a listing, you will begin receiving offers from potential buyers.
Ensure you screen all the buyers and call back those who sound legit and promising.
Most of the buyers will want a detailed report and may even want to check out
the car before making any decisions.
Test Drive
With a few serious buyers, you can organise a test drive in a public place. Go
along with them and answer any questions they may have. After experiencing what
it feels like to drive the car, they can make the final decision and negotiate
the price. Before letting someone drive off with your vehicle, ensure they have
paid the amount in full. After selling the car, you need a rental to use while
looking for a new one. However, make sure you have a Car Hire Excess insurance.
