There are certain times when you feel like you’re driving an old car. We may get used to our car a lot, and our comfort level needs refreshment. Whatever it may be inside the brain, these are the following steps that you should know before selling your car if you want to earn a little more.
Taking the Right Decision
Once you plan to sell your car, you have to think twice that you’re making the right decision. It may be that you decide to buy a new car with more features and luxury, or you’re planning it the other way from the wagon that kept you safe throughout all your journeys.
Decide How to Sell
Since we have to go to the office or some of us has other plans every day, not everyone out there puts a signboard, “This car is for Sale”, and waits for weeks or months to sell it for a good value. There are various ways to sell your old car once you’re on it.
Dealer Trade-In
The easiest way to sell your car is to trade-in to the dealership you’re buying a new car from. Dealers will take care of the works and carry out all the paperwork by themselves, leaving no hassles to us. Dealers may also not offer you the best price that you expect from your car for several reasons.
Instant Cash Offer (ICO)
This is another easy way to sell your car by posting an ad for a car online by providing your car’s VIN or license plate number, mileage, description of its condition. The more you keep accurate with your report and the looks of your call, the faster it sells.
Selling it Yourself
Selling your car by yourself may yield you more money, but you have to spend more time meeting buyers, taking care of all the tedious paperwork and most of all, it takes a long time to finish off the deal.
Keep your vehicle in Good Condition
The first thing you should do is, keep your car well serviced and ensure no issues in your car. If your vehicle has any accidental damages with a minimal scratch or dent, get it cleared with the help of insurance so that you don’t have to spend much on a car that you’re not going to use for a very long time. If you’re selling your used car, these things may affect the pricing and lead to bargaining for a lower final price.
Set the Right Price
Deciding the right price for your car is a bit of art that it needs room for negotiation while selling it to the buyer. The more you set the price similar to the market value of your car, the faster you may sell it. Safely display your car to the buyers or be ready for a test drive with the buyer. Once you’re done, advertise your car online or hand it over to the dealers that take care to sell yours. If you’re doing it all by yourself, buyers may approach you.
Complete the Paperwork
Find a bill of Sale from online websites that you have to provide to the buyer. If you’re trading in, accept the instant cash offer so that you don’t have to worry about the paperwork. If you’re selling it by yourself, check with your state’s DMV the documents that need to be completed. Always ensure to put a phrase on your registration document, “this vehicle is sold as-is”, and you have to mention that you’re not providing any warranty.
Get Paid
The last part of selling your car is to get paid once all your processes are completed. Make sure to get paid all at once that meeting the buyer next time is very low.
