Bought a new car and need to sell your old, used car? Ideally, you want to sell fast and with minimal fuss. Here are the top tips to get the money you deserve for your old car, with a no fuss sale.
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Understand Your Car’s Value
We all love our cars and lots of us like to think that ours is special. In reality, the value of cars is set by the car market. Cars are a commodity like anything else. The value of your car will be affected by things like age, mileage, wear and tear on the engine, condition, and service history. Market prices are the biggest driver of value. Sometimes the best prices will come from services like a cash for clunkers program rather than a private buyer, especially if your car has seen better days.
Decide What Is Important To You
Ask yourself how much you care about speed, convenience, and the final selling price.
If you have time to wait for the best possible price, then selling privately on car auction sites could be the best option for you. You will be prepared for a longer selling time and potentially showing the car to several potential buyers, with no guarantee of succeeding.
You could work a service that links you to a network of verified dealers to help you get the highest price from a professional buyer. This is fast, easy, and will get you more money than a part exchange.
If you just want to get your old car sold fast and don’t mind sacrificing a bit on the final price just to avoid the hassle, choose a car buying site that will pay for your car instantly, or part-exchange your car for your new car at the dealership.
Pick Your Selling Route Wisely
If you want to sell your old car privately, then you might get the upper end of the price that you’re hoping for, but there are no guarantees that a sale will happen. You will also have to deal with buyers coming to your home, and the nuisance of bartering and admin that this can involve.
A car selling service can negate the need to have people arriving at your home and instead connects you with a dealer who is willing to pay the most. This is usually quick and convenient.
If you choose an online car buying website, as long as your car is accurately described, then a sale is almost guaranteed, and you can often expect to have the money in your bank account within twenty-four hours if you book the sale for the next day. This option can often be the best one if your car is lower in value. Cars at this level are not usually directly by dealers.
Weigh up the price you might get and the speed of a sale to decide on the best option for selling your car, best on what is most important to you. It’s important to be realistic too. If your car is worth barely anything, you might get more money if you sell it for scrap.