Step-by-step Guide to Selling Used Carils.
selling used car can be quite challenging if the automobile you're selling is in less than mint condition. It's a talent that very few of us have. Some sell their cars for much less than the real market value because they either did very badly during negotiations, or they failed to research. To keep panic at bay, here's a step-by-step guide to help you sell used vehicle.
Familiarize yourself with the market.
Just like when selling other items, you need to know what's hot and what's not. Find out if your car is what buyers are looking for. For example, are you selling a convertible? If so, then timing is everything. You need to sell your car during the warm months because the prices will drop during the cold season. Are you selling a sedan? This might not sell for much, but there's a constant demand for it, so given the right asking price, you might be able to sell it for the price you desire. Use an appraisal tool to see the market value of your car, and mark it up a bit to make sure you have room for negotiations.
Improve your used car to gain curb appeal
Having it checked to make sure everything is working will take money, time and effort, but this can help you maintain your asking price. The more flaws your buyer sees, the less desirable your used car gets. You might want to also make sure it's clean and free of your personal things. As much as possible, make your car look as "fresh" as possible.
Prepare all the documents, the details and history of your car, and if possible, a mechanic's certification that your car is in perfect running order. If you show all your cards from the start, you will find it easier to gain the buyer's trust. Of course, this is a two-way-street. Also screen your buyers because you don't want anyone trying to steal your car in the process.
You can try newspaper classifieds although this is really pricey. It's cheapest to post your ads online, especially if you have a very active social media account. Let your friends know about the sale, and have them share it to their friends. You can also post a sign on your car. Just make sure you're clear and detailed in your advertisement. Indicate if you're firm about the price, or if you're willing to negotiate. Be free to take calls, and be polite to potential buyers.
Negotiate like a pro
Learn to spot bluff signs from buyers, and try to practice your own negotiating strategies. Practicing with a friend who has sold a used car before would help. During the negotiations, try to get above or at least right on the price you desire, and clear your self from liabilities as much as possible.
Once you've sold the car, check if you're clear with all the legalities of turning over your property. If the car is still being paid for at the bank, it is best if you sign the deed at the bank. This way, the buyer can also be sure there are no pending obligations for the vehicle.
About the Author
Junk Auto is your best friend online if you want to sell used vehicle
online. You can easily get an offer when selling used car
without the need to wait for phone calls or emails.
Submitted on: 2014-11-09 21:55:19