No matter how you love your ride, there’s a good chance you’re going to get rid of it eventually. At some point in your motoring life, a new vehicle would grab your interest, and selling your old reliable is only the logical choice.
While there are plenty of ways to turn your unwanted car into cash, selling it privately is uniquely advantageous. Sure, it has its share of pros and cons, but unlike trading it in, a private buyer would be more inclined to pay nearly its actual market value.
If you want to get your vehicle sold fast and make as much money as you can, here are exactly what you need to do:
Get It Appraised
First and foremost, you can’t just come up with a price without actually know what it’s worth. Unless you have a clear idea of your vehicle’s current market value, there’s no way you can control the negotiation and end up selling it less.
Work with an experienced auctioneer that provides valuation services. Not only they can give you an accurate appraisal, but also they can educate you about how your vehicle is estimated.
Tidy It Up
First impressions last. If your vehicle doesn’t look valuable at face value, it would be hard to convince potential buyers to agree to your asking price. Other than aesthetic, take care of the simple mechanical and electrical repairs of your vehicle as well. Broken air conditioning or malfunctioning headlights don’t look impressive.
Advertise It Honestly
Most importantly, be truthful about your vehicle’s conditioning. Regardless of where you want to post your ads, misrepresenting your car is the least effective strategy to lock in a favourable deal. Doesn’t sound like a shopping network too, as it does little to convince potential buyers. Just provide your vehicle’s basic information and features. Avoid overpricing it, but always leave plenty of wiggle-room for haggling.
If you’re not really in a hurry to get your vehicle sold, there’s no doubt private selling the way to go. It may be hard to find prospects, but it’s definitely worth your while once the right buyer comes around.