5 tips to successfully sell your car
Women in car
1. Know the market.
The experts at Edmunds say sellers should research the market before putting their vehicles up for sale. Compare the prices of similar makes and models, and track whether those vehicles are moving quickly. Cars that are hot commodities will sell relatively quickly. Even though these may not be the flashy vehicles, family sedans, trucks and vans tend to turn over fast. Convertibles, classic cars or those with special features may take longer to move and will have to be priced accordingly.
2. Determine the vehicle’s worth.
Just because sellers want to get predetermined amounts for their vehicles doesn’t mean those figures are the going rates for their cars and trucks. Using resources like Kelley Blue Book, NADA Guides and Autotrader.com can help sellers determine the value of their rides according to factors such as mileage, age, model, and condition of the vehicle.
3. Gather receipts and other paperwork.
Sellers should dig through their files to unearth maintenance receipts and other documentation on their vehicles. For those who can’t find receipts, ask for such receipts where the vehicle was serviced. According to Kelley Blue Book, proof of regular oil changes and other services can be a good selling point because it shows that the seller maintained the vehicle to the best of his or her ability. It could be worth the investment to pull the CarFax® report on the vehicle as well to see how it measures up. Some buyers will request that information as well.
The Department of Motor Vehicles also suggests gathering a release of liability form to keep sellers from being liable for any damages incurred after the vehicle is sold; warranty documents if the car is still under a manufacturer’s warranty; and the vehicle’s title.
4. Prepare the vehicle.
Prior to selling, give the car a facelift and a good wash. Vacuum floors, floormats, seats, and the trunk. Clean the interior, and wash windows inside and out. A fresh wash and wax can improve the appearance of the vehicle and help it to photograph well for sale pictures.
5. Advertise the sale.
Advertise the vehicle in a variety of different formats. Opt for the classifieds section of a local newspaper, post it online and share through social media. A sign on the vehicle is also smart. This will improve the chances of it being seen.
Selling a car can take some effort, but with the right tactics, cars can be sold quickly and at prices that make sellers happy.