How to Go About Selling Your Used Car
There are several ways used car owners can go about selling their used car. The most common though is to sell it privately. Selling a vehicle privately is not difficult, but there is a process that often should be followed if you want to maximise on your vehicle’s sale price.
There are two ways you can go about selling your vehicle privately: word of mouth or advertising or even both if you want to reach as many people as possible.
If you decide to sell your used vehicle privately, either by advertising or word of mouth, there are a few things you need to do before you start advertising.
Things to do before advertising a vehicle for sale
Researching the market value of your vehicle is an important step because it will not only assist you in determining the value of your vehicle, but it will also assist you in determining the best asking price. You have two options for determining the market worth of your vehicle: have it appraised or conduct your own study.
You can get your vehicle appraised online fast, easily, and for free. There are a lot of websites that can give you an estimate of your vehicle's market value. Simply enter the information (make, model, and year) and the value will be calculated for you.
However, depending on the state of your vehicle, such a valuation may not be correct. If your vehicle has been damaged in any way (car accident, storm damage, small scrapes, etc.), the value of your vehicle may be affected. You may need to do some research yourself to get a more realistic market value for such a vehicle.
This means you may need to examine the asking prices of vehicles that are comparable to yours in make, model, year, and condition that are posted for sale at auto dealerships or on online classified websites. You'll have a better idea of how much your car is worth in the market if you do this.
Once this is done, the next step would be to prepare your vehicle for sale. This may involve servicing the vehicle, deep cleaning it or even repairing any minor cosmetic damage it may have such as scratches and dents. This will help boost the market value of your vehicle.
The next step is to begin advertising. This step may differ depending on the manner of private sale.
Word of mouth
This is one of the simplest and most effective methods for selling a second-hand car. There isn't much of a hassle involved. If you are not in a hurry to sell your used car, you could inform your friends and relatives about your desire to sell your vehicle. A company based in Newcastle called Swift car removal is now leading car buyer thanks for its customer spreading good reviews. You could also place a "For Sale" sign on your car with your phone number on it for free portable marketing.
This method of sale may take a little longer than publishing an ad or auctioning your used car. It could take a week, a month, or even years to sell your car, but if you're not in a rush, this will not be an issue.
If you are thinking of advertising your vehicle online or in the papers for sale, then it would be best to take as many pictures of the vehicle as possible from different angles and areas. Doing this will give serious buyers a good idea of what your vehicle looks like and what condition it is in. Taking pictures of the interior as well as the exterior is important.
It would also be a good idea to document all the details down (even if the details are visible in the pictures). Be as detailed as possible when describing the condition of your vehicle. Doing so will attract serious buyers and will help minimise questions and enquiries.
Older run-down used cars
For vehicles that are old and run-down, selling them privately may be challenging. Not many people are interested in used cars that require work and fixing, they often much rather purchase something that is drivable and in good condition.
This doesn’t mean, however, that such vehicles cannot be sold at all. There are places such as cash for cars company that will purchase such used and run-down vehicles. Most scrap yards offer free car pick up as well for those vehicles that cannot be driven. A driver will come to you at a time and place of your choosing and will pay you cash for your unwanted used car.