Getting a good price for your used car doesn’t have to be as complicated as you may think. All you need to do is follow these simple steps and you can have the cash you want for used car in no time!
Get in the know- Before putting that for sale sign in the window of your car, it is very important to know what the market is like for your particular car. How “in demand” is your vehicle right now? What kind of potential buyer will be interested in your car? The answers to these questions will help your determine how to advertise and price your vehicle. When you know what audience to target, you will be able to sell to a motivated buyer who is willing to give you what you want for the car.
Ensure reliability- Many car buyers are skeptical about used cars. Make your car stand out above the rest by reassuring the customer of the car’s reliability. Have your mechanic give the car a check to be sure that everything is in proper working order. Have them give you a report on the car’s condition that you can show potential buyers. Another great way to tame skeptical used car buyers is with a vehicle history report.
Be Legit- It’s imperative to know the rules for the sales of motor vehicles in your state. In the event of a mishap or accident, you need to be sure that you won’t be held responsible once the transaction has been made. Once you have secured funds for your car, record the odometer reading and your signature on the title before handing it to the buyer.
Give your car a makeover- Who wants to spend top dollar for a car that doesn’t look its best? Take some time to fix minor cosmetics on your car. Have the car detailed for the best clean inside and outside. Be sure to put an air freshener inside as well. If your automotive painting doesn’t look the best, consider a new paint job to help seal the deal. A car that appeals to the senses is more likely to draw and interest more potential buyers.
Price it right- Of course you don’t want to feel like you’re just giving your car away. However, pricing your car too high will steer buyers away to the competition. Take fair market value into consideration. Go to various automobile selling websites and view comparable vehicles for pricing. After taking in the condition of your vehicle, price your car accordingly. Price the car a little above what you are actually willing to accept to leave room for negotiations. You don’t need car sales training to be able to counter with a potential buyer, but if you make a habit of selling cars you should consider some.