Nobody buys a car intending to sell it in the future, but some scenarios might force you to put your vehicle on the market. Whether you’re trying to reduce your student debt or upgrading to a better model, the goal is always to get the most cash. While this may turn out to be a painstaking process, there are a few things you can do to ensure everything goes your way. Follow these vital steps whenever you’re trying to sell your car.
Study the market
The first thing to do is to research the market. Knowing how much similar cars are selling for will help you determine your asking price. There are a few different sites that provide an estimate on different makes and models based on their rates at sale time, giving you a rough ballpark of what others are charging for vehicles with comparable specs as yours. If possible, check out how much it would cost to buy a similar car in your price range. This will help you set the right asking price and avoid overpricing, which can reduce interest in your vehicle. Furthermore, you might get a better idea of where your potential buyer might be.
Put your paperwork in place
Make sure to get all the relevant documents in order. This includes purchase receipts, service records, and original ownership certificates. All these will prove that you’re selling a legitimate car with no outstanding debts or disputes over title transfer. In case of any missing documents, set an appointment with the DMV to resolve the issue. Note that most states require you to provide several documents when selling a car, especially if you’re from a different state. Additionally, having all your papers in check might help improve your bargaining position once you start negotiations with the potential buyer.
Inspect your car
Before you start showing your car to potential buyers, make sure it’s in good shape. Check for any damage or issues that could cost money down the line. This requires you to go through every aspect of the vehicle and assess its condition accurately. While this might sound extremely tedious, a timely inspection can save you from future headaches when trying to resell your car. If you’re not sure how to do the check yourself, seek help from a mechanic who will be able to determine if any issues need attention before selling it on the market.
Detail it
After inspecting your car and making needed repairs, give it a thorough clean. This will help boost its resale value and impress potential buyers with the condition of the vehicle they’re looking to buy. The last thing you want is for someone to be unimpressed when they come to see your car before sealing the deal. Use an auto detailing service to give your vehicle the ultimate makeover before taking it out for sale. You might want to provide it with an interior upgrade or install a new set of tires to make it more attractive. The goal is to let the appearance sell the car before you open your mouth to back the price.
Decide how to sell the car
Selling a car on the market means you’ll have to set up an online ad and wait for potential buyers to show interest. This requires some patience as the process can take several days, weeks, or even months, depending on your location. On the other hand, selling it privately implies you need to find a potential buyer and strike a deal with them.
Create an Ad
If you decide to sell your car, it’s time to create an ad to attract potential buyers. Start by creating a catchy headline that provides the most relevant information about the vehicle and its condition at first glance. Make sure you include several high-quality photos of the exterior and interior of your car, along with details like engine size and mileage. Also, set the asking price and mention any upgrades you’ve made to your car, as this will impact its value down the line.
Remove any personal belongings
Before you hand over your car to a potential buyer, be sure to remove any personal belongings inside. This includes spare change, CDs, and other personal items that might remain inside after the transaction. It’s also advisable to remove all toll tags or special license plates as you don’t want someone to use them without your knowledge. Remember to do the same with your kid’s toys or any other items that might be inside the car.
Can I sell my car online?
Selling a car online is the most common way of doing it nowadays. Not only does this give you access to millions of potential buyers around the world, but it also saves time and effort in sealing deals. However, if your goal is to sell your car locally or domestically, there’s no need for an ad as people will come to you with offers. This is the only time where selling privately might be a good idea as it has minimal fees and allows you to remain in control throughout the process of closing deals. It also lets you sell your car for a higher price since fewer middlemen are involved down the line.
Can I get cash for my car?
Yes! There are companies that will pay you fair market value in cash for your vehicle, like Cash For Cars Portland! Selling your car to a company like ours will save you the hassle, give you immediate cash in hand, and some companies even pick up your car for free!
Call Cash For Cars Portland!
Our experienced, knowledgeable appraisers know what cars sell for on the open market. You will receive a quick, no-pressure quote for your vehicle when you call us. We are so confident that we pay the best in Portland that we are happy to let you call around. Our word-of-mouth referrals have grown out of more than ten years of being the friendliest, highest-paying place to sell your car in Portland. From the moment you call for a quote to sell your car to the moment we put greenbacks in your hand is generally no more than two hours. We take all the hassle away. Not only will we come to get the vehicle from you, but we will also handle all of the paperwork and removal of a junk car. No title? No problem. You can still sell us your vehicle. We can process the vehicle through the DMV for you—and we can still pay you same-day. No waiting! Call us today!