Owning a vehicle is considered to be a necessity these days, but sometimes we have to sell our beloved companion due to the need for an upgrade or a quick boost in our economy. We use our cars to go to work, take our kids to school, go at the gym and even for those memorable road-trip moments.
In order to keep your car in the perfect shape, you’ll have to regularly perform checks and replace parts that might be malfunctioning. With one word, maintenance. This will ensure that you’ll have a reliable and long-lasting vehicle that will serve you for many years. Also, if you ever decide to sell it, the price will go up if you’ve managed to keep it in perfect condition.
No matter how much time and effort you’ve spent in your vehicle, sometimes you’re required to sell it. It’s a tough decision, but in certain scenarios, it has to be done. When it comes to selling, things tend to get just a bit complicated, so if you are a beginner in all this, we recommend that you stay with us until the end. Let’s end this introduction right here and take a look at what you need to know.
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Is selling my car legal?
Source: myzeo
Yes, selling your vehicle is completely legal, but you’ll have to go through some documentation at least in order to make things official. These include transferring the ownership to the other person and paying all of the expenses that might occur during the procedure. You can either sell your car privately, to an individual, or you can sell it to a company that purchases used vehicles. It is totally up to you.
How can I find a client?
Source: thebalancecareers
If you decide to sell to an individual, or should we say privately, there are a few ways that you can find a person who wants to purchase your vehicle. First, you can use a website that has this purpose specifically and try to list it there. If this doesn’t work, you can contact a nearby car-reseller. If you’re still not able to find a customer, you can try a mobile phone app that allows you to make a listing.
We’re pretty sure that all of these methods will eventually work, you just have to be patient and create a great-looking listing. Here are a few tips for that as well.
Your listing matters a lot
Source: machanic
When you’re creating a listing, you need to include the most important information about your car, as well as a few high-quality photos of every angle, including both interior, exterior and what’s under the hood. People like to see what they’re buying, and by doing this you are both saving your time and the time of the person that will request an in-person inspection.
Don’t fake anything, because at the end of the day, the potential customer will always come and inspect the vehicle a couple of times before paying you, so sooner or later they will notice that you’re trying to hide something. Be completely transparent about the condition in which your car is, and people will appreciate that.
You’re the one forming the price
Source: edmunds
The price is what matters the most, and this is why people are getting stressed out when the time comes to form one. This number alone decides how much money you’re going to get from selling your vehicle, and obviously, you want it as high as it can be.
Now, this is where things tend to get a bit tricky. A very good way of forming prices is by comparing what you came up with to some of the other prices of the vehicles being sold at the same time. Of course, we’re talking about the same models.
Although this is helpful, it shouldn’t be the deciding factor for your price, and here’s why. Maybe the person that’s selling the exact same model of a car for a lower price didn’t really take so much care of it, so they don’t really mind selling it for a few hundred bucks lower. However, if you know that you’ve taken very good car of the vehicle, and you also invested a lot in it, you can’t really sell it for the same price as the other one that’s in worse condition.
So, if you want to list higher than the other ones, you’ll also have to explain to your customers why you’re doing it. If you are still running into problems, you can do a quick visit to Carsellzone and see what they have to offer.
Leave space for negotiations
Source: thedrive
Negotiations are almost always present in the used-car market. People will try to lower the price for a few bucks even if they know that what you’re selling is in perfect condition and the price is completely fair. It’s just in human nature to negotiate, and obviously, each one of us needs money in order to survive, so the less your customer pays, the better for them, but not for you.
This is why you should always leave a gap in the price, and a good trick is to always list a bit higher than what you’re expected to sell, so when they lower it, you come on the same fair price that was supposed to be the one in the first place.
A cool selling trick that can “save” you some extra money. Besides, you never know if someone agrees for the higher price and you’ll be able to earn some extra cash out of nowhere. Make sure not to price too high though, because that will make people just scroll past your listing.
Don’t rush it
Source: bensautomotive
If you don’t need money extremely fast, you should never rush something like this. Selling your car is a process that can take some time, and if you rush things, you can end up selling for much lower or getting “tricked” in some way. Take your time both with the documentation and the creation of your listing. You’re not in a hurry, and the more you think it through, the better outcome you’ll get in the end.
