Selling a used private car can be simple and does not require rocket science. You can research how much is the car’s worth and other guides that can make you a profit. If you want to sell your old car for any reason, here are some of the guides that you can follow:
1. Determine How Much is Your Car’s Value
If your car is shiny and well-managed, you may be able to make a nice profit out of the sale. Research the market and offer your car at a competitive price. Don’t undersell our car just to get rid of it. If you have a family sedan, many people might be interested in it. You should not underestimate the number of people that need inexpensive transportation nowadays. You can check and browse your local newspapers’ classified ads. You can also do research online by searching for popular markets including eBay or Amazon. Be mindful of their location, prices and the car condition.
2. Prepare your Car’s Complete Documents
You need to gather your car’s title because the new owner needs it. You have to show maintenance records. If you are on time with the minimum required maintenance, it will increase your car’s value and reliability. Prepare the bill of sale, release of liability, warranty documents, and as-is documentation. These documents can free you from all of the responsibilities in case the new owner damages the car.
3. Take Lots of Pictures, and Create a Listing
You have to use a proper camera to emphasize your car’s aesthetic value. You also have to photograph the front, rear, both sides, dashboard, carpets, trunk, seats, wheels, and engines. It is important not to take a photo of your license number. You can block it on the picture when you are about to post it on advertising sites.
4. Be Honest
Include the mileage, a brief note of the car’s condition, and your contact information. You can hire a copywriter to make attractive descriptions for your car. Include the year, make and model of the car. Be honest about the car’s condition. You have the option to put an initial price if you want or if it’s negotiable. For prospective buyers, if you have received an offer for $1,000 for a car that you are trying to sell for $2500, make sure to let the buyer understand that you will not be able to consider such a low offer. Make sure to let more prospective buyers inspect the car. This way, you may be able to produce a pattern that can let you gain insights on the worth of the car.
5. Make the Sale
After you accept the offer, you can deliver the car to the new owner’s house. Remove the car plates and the stickers afterward. This can be an option if you don’t want a complete stranger driving your car while it is still registered under your name.
If you have doubts about how to sell your car, you can ask around. Do a lot of research and make sure that you can receive some profit from the whole deal.