Sometimes it’s time for a change. If you have fallen in love with a brand-new car, it’s time to give your old one the boot. Of course, if your old car is still in good condition, you don’t want to give it up for scrap; instead, make some money! You might not get as much as you originally paid for it, but an extra few hundred dollars in your pocket is always a good thing.
If you’re planning to sell your car, there are a few things you should do to make sure you’re getting the best deal and staying safe while you do so.
If you’re an individual who’s into cars, you might already know a lot about your old model, what it’s worth, and so on. However, if all you know about your old car is the color and the mileage, it’s time to do a bit of research. Not only will you need to know more information to advertise the car, but it will also be useful when negotiating the price. Make sure you’re not getting cheated out of money by a buyer who is taking advantage of your lack of knowledge about cars. Instead, get to know your model and brand before you sell.
Of course, if you want to sell something, you need to advertise it, but make sure you’re using a variety of channels to do this. Social media is a good way to share with potentially interested parties that your car is up for sale, but websites like Craigslist or eBay are other possible channels you can share your advert on. You might also want to consider putting an advert in your local paper or leave flyers in appropriate locations.
Reach Out to Other Buyers
Another option you might want to explore is reaching out to dealerships that sell used cars. They might be able to offer you a better price than an individual, which might make them a better option. There is a range of dealerships out there, and some will specialize in certain brands, such as this luxury exotic dealership that sell Lamborghini. Your old car might not be so glamorous, but you will certainly be able to find a suitable dealership who will be interested in it.
Use a Storage Facility
This might seem like an extra expense that you don’t want to make, but it could give you extra protection when selling your car. Instead of having potential buyers visit your home to look at the vehicle, meeting them at a secure storage facility might be safer. There will be staff and CCTV present, and this way you don’t have to reveal your address to strangers.
Get the Right Paperwork
Finally, make sure you have written receipts to ensure your interests are protected. Ask for the money upfront, too, in case a buyer has no real intention of paying you for your car. You will also need to hand over the car’s handbook, service log, and inspection certificates to the new owner once the sale has been finalized.
If you’re looking to sell your old car use these tips to help you get the right deal and to stay safe.