Selling a car can be a huge and complicated process and many people get incredibly stressed out during it. The worry of not getting a high enough amount, no interest and the seemingly never-ending list of tasks leading up to getting the car listed can lead many people to give up before the car is even ready for sale! Not to mention deciding where to advertise it – that’s where websites like Boost Classifieds can come in handy.
Many car dealerships will also offer a trade-in service for used cars, but you tend to get less money when going this route. Here are some tips for how to get the highest payout you can when selling your car.
3 Tips To Get The Most Money When Selling Your Car
Get It Professionally Cleaned and Detailed
This will go a long way towards adding value to the car. If the car looks as good as new, chances are the buyer will be willing to pay a bit more for it. Make sure all the carpet and upholstery is shampooed and vacuumed, have all scratches and dints buffed away or removed, replace the floor mats and ensure that all internal air conditioning vents and compartments are free of debris. If any leather inside the car is starting to crack or split, consider replacing it, or oil it if the damage is minor.
I’ve even taken this one step further and cleaned under the hood. When potential buyers see how clean the engine compartment is, they marvel at it. I think it gives them the sense I really took car of the car (which I did) and they are therefore willing to pay more for it.
Repair Any Obvious Flaws
Make sure that the car is serviced prior to being listed and have the servicemen do a full check of all parts. Ensure that fluids like oil, coolant and water have been replaced or refilled and double check that the tires are not overly worn and are filled with air, including the spare. If the spare has been used or is otherwise missing, consider replacing it; it will add value to the car.
Do Your Research
Ensure that you know what your car is worth. This is essential if you are to get a fair and equitable deal. It will give you support when you are in the process of negotiating with a buyer. Provide all service and other maintenance records so that you have proof that the car has been regularly maintained. When you list the car, add an extra 10% onto the price, this will allow you enough room to negotiate and still receive a fair price and one that is above your minimum. If you are meeting the buyer for a test drive, meet them in a public place and have a third party present. Make sure that you also double-check any licenses or insurance papers that you receive.
Selling your car can be a stressful process, but using the tips listed above can make it easier for you to complete the sale of your car with a high payout. The simple things like ensuring it looks its best and keeping the maintenance up-to-date can make all the difference in a competitive market.
Do you have any tried and true techniques to get the most from your used vehicle? Share your tips in the comments!