When selling a car, there are so many options. You can choose to sell it privately and advertise on various websites or trade-in with dealerships for more convenience but potentially take a loss from the sale price of your vehicle.
If you’re unsure about which option is best for you, consult this quick list of pros and cons before committing:
Consumers who want personal interaction may prefer private sales because they have control over all aspects of advertising their own items.-Some consumers find that trading in cars allows them to make some money off an old purchase while still taking advantage of new deals at local dealer stores.
On the other hand, people looking to get top dollar should consider negotiating through third-party sites like eBay.
Tip 1 – Invest in a full detail service for your car prior to selling
One of the things that can really affect your car’s sale price is its presentation. When customers are looking to buy a new ride, they pay attention not just to what’s under the hood but also to how shiny and clean it looks on the outside.
If you’re going to invest in one thing before selling your baby make sure it’s an expensive full detail service like from The Detail Guys who will scour every inch of fabric for dirt or dust so that when potential buyers see this gem they’ll be blown away by how spotless everything is!
Tip 2 - Get the cosmetic repairs done
Many of us have cars that have fallen victim to a shopping center car park trolley or two and are in various states. The question when selling is should I repair or leave as is? The answer depends on what kind of condition your vehicle is in and what needs to be repaired.
If you’re an older model with expected scrapes for its age, then leaving them may be ok since they won’t devalue the price too much; otherwise, if you’ve got a newer ride with many marks (chances are higher) from parking lot tarps these could use some good old-fashioned repairing by means like painting over scratches before sale time to net yourself more profit!
Tip 3 -Be ready to negotiate if needed
You should always be prepared to negotiate a deal when buying or selling. It’s important that you’re armed with research about the worth of your car before negotiating and don’t let buyers talk down prices for inspections after they inspect it on site.
This won’t happen if Motorway buys from you, but there are online sellers who may try this move in order to make more money off of their sales during inspection time.
Tip 4 – Do I sell privately, trade it in, or wholesale?
The best way to sell your car is through a wholesaler. They will take the time and effort of getting roadworthy certificates which can be expensive, but you won’t have to worry about mechanical or panel issues as they are taken care of by them for you.
However, it may still seem like too much work when all we want is just get rid of our cars so that’s why private selling seems easier at first glance – until someone makes an absurdly low offer online and there might even be scams!
Tip 5 – Selling on consignment
Selling your car on consignment is a great way to get rid of it if you can find the right dealer. There aren’t many around, but there are some in certain areas that will take care of this for you, so make sure to ask around!
Tip 6 – Checklist to sell your car
It’s important to have some key items before you sell your car and avoid losing any value from missing keys and paperwork.
Make sure you locate all of your car keys (including any spares), the V5 document, plus service history for a potential buyer to see that they’re getting more than just an old clunker!