Looking to replace your current vehicle? This can understandably cause some stress and particularly if you have not sold a car before, but fortunately it can be relatively straightforward and there are a few simple steps to ensure that it is a smooth process and you get the maximum amount so that you can then find the perfect replacement.
Preparing the Vehicle
Before you put it on the market, there are a few simple steps to take to make it as enticing as possible to buyers and so that you can get the most possible money from the sale. You should always give it a thorough cleaning inside and out, get any paintwork or mechanical problems fixed and get a new MOT (especially if there is less than 3 months on the current one). You can then use a vehicle valuation tool to establish a fair price for the automobile (but be prepared to negotiate).
Advertising
When it comes to advertising, do not make any exaggerated claims about the vehicle and stick to any facts that will make it appealing to potential buyers. You should also quote the year, where the vehicle is located in the country, describe the condition and how many months left on its MOT. Include high-quality photographs that show the vehicle both inside and out.
Selling Options
You could sell the vehicle privately to another motorist, but make sure that you are safe in these situations and educate yourself on scams. Make sure you go with them on test drives and many people find it helpful to bring a friend along too. Alternatively, you could sell the automobile to a dealership which can be safer and you could receive more money for the automobile. Not only this, but you may even be able to part-exchange the vehicle at dealerships like AA Cars so that you can offset the price of your new car.
Sealing the Deal
When you have found a buyer, whether it is a dealership or private buyer, you will want to provide them with all of the necessary documentation including the logbook, MOT certificates and service records. You may have to negotiate the price and if this is the case remember to be firm yet friendly – you do not have to sell them the vehicle. Finally, make sure that you provide them with a receipt and draw up a seller’s contract to protect yourself.
Selling a vehicle can be a stressful process, but the above should help any motorist to find a suitable buyer and raise the funds towards their next automobile. You must be careful and thorough with the process and always stay safe no matter who you are selling the automobile to.
