Did you know that 40 million used cars are sold in the US every year?
If you’re tired of seeing that same old vehicle sitting in your driveway, it’s time to consider selling your car and getting a new one. Of course, this is easier said than done!
What’s the best way to sell your car and ensure you get a fair price for it? Here are our expert tips for how to sell your car.
Find the Best Place to Sell Your Car
You have three main options for where to sell your car:
· Private sale
· Used car dealership
· Trade it in
You’ll probably get the best price if you advertise the car yourself and find a private buyer. However, this route requires the most time, effort, and research. As a no-hassle option with a purchasing coordinator, see how Bidlane works.
Another option is to take your car to a dealership and get a free, no-obligation cash offer. This might be the fastest and easiest option, as long as you receive a fair offer for your vehicle.
The same is true if you decide to trade in your vehicle for another one — make sure the dealer offers a reasonable price for the trade.
Collect All Major Documents
Whichever path you choose, you won’t be able to sell your car without some vital documents. These include:
· The vehicle title
· Paperwork from the original sale
· Maintenance and service records
If necessary, order and organize these documents ahead of time so you’ll have them when you meet with prospective buyers.
Research Market Value
A price that’s too high will turn potential buyers away, while a price that’s too low leaves you in the lurch. So then, how do you know how much your car is worth?
A good place to start is to enter your vehicle information on Kelley Blue Book. Based on your vehicle’s mileage, condition, and other factors, you can get an idea of its current resale value.
You can also research local used car ads to see what similar vehicles are selling for in your area.
Prepare Your Vehicle
Now that you’ve done your homework, it’s time for the main event: prepping your car for buyers.
Get your car professionally detailed or set aside a full afternoon to do the work yourself. Make sure it’s spotless inside and out, including the carpets, mirrors, and dashboard. Apply a fresh coat of wax to the exterior and make sure the tires shine — those little details can make all the difference!
This is also the time to take your car in for an oil and filter change. If the tires or brakes need replacing, consider investing in the work now, as you can recoup most of the cost during the sale. Consider other minor upgrades too, such as installing fresh wiper blades or cleaning the headlights.
Successfully Selling Your Car
If you’ve been overwhelmed by the thought of selling your car, we hope this article has given you the confidence you need. Bookmark this page and refer back to it as you do your research and find the right buyer for your vehicle.
Now that you know how and where to sell your car, what’s next? Our site has more great advice for you, so stay right here and keep browsing.