When the time comes to get a new vehicle and part with the old rattle trap, there are many questions that come to mind. Do I sell it myself? Where do I advertise my car? What’s my vehicle worth? Selling a car can be a daunting task and if done correctly can also be rewarding. This article should help alleviate some of the stress.
Trade-in vs. selling yourself
In order to decide, you’ll need to ask yourself these two questions. Do you want the most money for your vehicle? Or, do you want to save time and hassle? You’ll find that any vehicle, no matter how old and run down it is, there’s no limit too how many dealers would gladly take that vehicle off your hands. But if you want top dollar, you’re better off selling that vehicle yourself. Dealers will not pay the true value of your car.
If you decide that the extra money is more important then these next couple tips should help.
Where do you advertise? There’s no perfect answer to this question, but there are some stand outs. You need to advertise where car buyers are shopping. Now days over 80% of car buyers shop the internet for there next vehicle. The internet allows buyers to compare prices, see pictures, and read reviews all from the comfort of their home.
Newspapers and magazines still have some value and in most cases have come down in price to compete with the ever growing online market. The bottom line is if you can afford to post the vehicle in more than one place then do it. If you’re on a limited budget, the internet is your best source. Sites like Automoxie.com make the listing process very easy, and at $1 per listing you won’t break the bank.
Once you’ve decided where to place your ad, you must determine what your vehicle is worth? To get the most accurate value you need to do some research. Look on sites like Automoxie.com, Autotrader.com, and Cars.com and see what others are asking. Make sure to look at vehicles with similar options and similar miles. Kelly Blue Book can also be a useful tool but be aware that these numbers may not be accurate and tend to skew high.
When listing your vehicle make sure to take lots of photos. Some sites like Automoxie.com allow up to 30 large photos. Make sure the lighting is correct. The best time to take photos is just before the sun goes down. This minimizes bright spots on your vehicle. If you do take pictures in the middle of the day, try to find a shady spot or wait for a cloudy day. Clean your car thoroughly. If your car looks dirty in the pictures then you’re limiting your chances of selling your car. Take time to write an honest and informative description. The better the description the more attached the buyer feels. The bottom line is, do a little research and take time posting a thorough ad. In the end you get back what you put in.