Selling Your Car? Don’t Miss These Important 7 Steps

Selling your vehicle can be an overwhelming experience especially if you have not done it before.

Before you put your car on sale you should consider some crucial steps. Following these steps will not only get you the best deals, but also help you get the best possible price.

Let’s discuss the most important 7 steps for selling your car.

Assemble All Appropriate Paperwork

You need to assemble all appropriate documents which include:

• Service history
• Insurance
• MOT
• V5 logbook

Keeping all above documents ready will make the process faster and smoother. Most importantly, the vehicle should not have an outstanding debt. You could run a car finance check to ensure the vehicle is ready to sell.

Get Car Ready to Sell

Cleaning is an important step to take before selling your car. Good looks and well maintenance matters a lot if you are selling a car. If your car is looking good, then it attracts more customers.

Give your car a thorough cleaning inside and outside both. Then wax it with good polishing. Vacuum the inside of the car. 

Double check the scratches on the car body. If found, give it a good repair and give your car a luxury look. Replace worn-out tyres, have an oil change, and fix any significant mechanical concerns because these are the first items purchasers check for. 

Additionally, make sure your vehicle is in good working order so that potential purchasers may test drive it without any issues.

Set A Fair Price

The price should be low compared to the market cars so that you get faster sales. Also, the price should be high compared to the market cars, but the sales will be low and take a longer period. 

You can set a high price to allow negotiation but also take care of potential customers. 

By using online automobile assessment tools, you can acquire a sense of the types of vehicles that are sold in your area. When trading in a dealer’s car, you should expect to see a few figures with a wholesale value. 

The dealer will disclose the retail value as the price. As a private party seller, the price you wish to establish should be in the middle.

Advertisement

It’s time to market your car once it has been cleaned and is ready. Use internet markets like AutoTrader to sell to a broad audience or get your asking price. 

Include information about your car’s

• Make
• Model 
• Year
• Mileage 
• General condition 

Additionally, provide clear images of your car’s inside and exterior from various perspectives, emphasizing its key features, to increase inquiries from potential purchasers.  However, being truthful about your car’s condition and any potential problems will save you time and draw in the proper kind of purchasers.

Potential Buyers

After the advertisement you will get calls from buyers. It is necessary to screen out the potential buyers. You don’t need to waste your precious time on the buyers that are just chilling.

Screen out the potential buyers and get their phone numbers and ask for their price. If it suits you then you can decide for the time and place for a test drive. Make sure you meet them in public places and take a friend with you. 

Plan a Test Drive

Allow them to test drive the car, but accompany them since they will likely be lost and in need of directions. Avoid the need to “sell” them your used car during the test drive; instead, simply answer any queries they may have.

The cost of the inspection should be covered by the buyer if they choose to have a mechanic look at the car. You could have to cut your price if they come back with a big list of issues. But don’t tackle everything on the list; only deal with issues that need your urgent attention.

Deal Closing

Once you have done all things now it’s time for deal closing. Hand over all the documents to the buyer and a sale bill. Make sure you have received the payment (in cash or in account), if you haven’t received the payment don’t release the car. Keep a copy of all the documents for your own records.

Conclusion

To sell a car, it is essential to assemble all necessary paperwork, including car history, insurance, and car registration. Getting the car ready to sell involves thorough cleaning, waxing, vacuuming, and repairing scratches. 

Replace worn-out tires, have an oil change, and fix any mechanical concerns. Set a fair price by comparing the price to the market and considering factors like the car’s make, model, year, mileage, and general condition. Utilize online automobile assessment tools to determine the best price for the car.