Selling your car isn’t always a simple process. Sure, you could always opt for the trade-in, but that isn’t going to net you the most money. If your car has value, then selling privately is your best option for making the most on your sale.
Of course, selling privately also happens to be the most difficult way to complete this process. That is, if you don’t know what you’re doing. Follow these expert tips on how to sell your car and you’ll be walking away with maximum cash in no time.
Understand the Market
The first step in making an excellent sale is knowing the market. Consider what types of vehicles are in high demand, especially given the time of year. SUVs and family sedans are always popular choices, while sports cars and convertibles sell more from spring to summer.
Work vehicles are always in demand as well. Collector cars, on the other hand, are tough sells as you need to find the right buyer. Consider the uses of your vehicle and identify what type of person would most likely be interested, that’s your market.
The easiest way to price your car is to check it’s value on Kelly Blue Book. Next, head to online sites that list cars for sale and see what others are selling your model for. Finding a middle ground between these numbers or choosing the higher is never a bad option.
Alternatively, you could have your car appraised or seek an instant offer, giving you an excellent starting point to price your vehicle. Most of the time, you can do both online. Finally, always ask for more than you expect to make. This allows you to drop the price slightly for interested buyers without losing money on the sale.
Curb Appeal and Location
This tip is simple. Give your car a deep cleaning inside and out to make it as appealing as possible. You’ll also need a vehicle history report to show any maintenance or accidents. If the accident was someone else’s fault, include it anyway.
You can also show what legal representation you used, like this car accident lawyer in Redlands, to identify the extent of the damages you sought compensation for. Next, make sure you advertise your vehicle in the right locations. Classifieds, social media, peer-to-peer sites, and the classic “for sale sign” on a busy road are all excellent choices.
Showing the Car and Handling Complications
Don’t expect every sales conversation to go smoothly. Never deal with buyers who seem pushy, shady, or difficult. Another one will come along. It’s also in your best interest to show the car somewhere else besides your home. This avoids potential physical harm, though legal aid like the Folsom personal injury law firm Black & DePaoli can help you seek compensation if you do become the victim of an attack.
Make sure you’re personable, knowledgeable about your car, and always offer a test drive where you ride as the passenger. A good sale relies on you just as much as it does the car. Buyers may also ask that a mechanic look at the vehicle, which is perfectly normal. So is negotiation when settling on a price, but never dip below what your car is actually worth.