Some Tips and Tricks to Keep in Mind When You Sell Your Car

How do I sell my car quickly and painlessly? On this are our top ten suggestions for selling your car as quickly and profitably as possible.

Recognizing the Value of Your Vehicle

All of us adore our vehicles, and many of us believe that ours is “special.” The truth is that auto values are determined by the auto market because they are a commodity like any other.

Age, mileage (the best measure of an engine’s wear and tear), circumstance, and service history all have an impact on a Sell My Car, but market rates are the main factor. 

Where to Find Car Values

Now more than ever, determining the value of your car is simple and quick.

Auto Trader and eBay are helpful for indicating private sale prices for a deeper dive, and WeBuyAnyCar and their alternative solutions are useful for providing instant buying valuations.

Just keep in mind that your valuation will vary greatly depending on who buys it and why. 

Determine What Matters to You

How important are speed, comfort, and the last selling price to you?

Selling secretively on a classified ad or auction website (like eBay) might be your best option if you possess all of the time in the world to get the best price.

However, there is no guarantee of success and you may have to reveal the car to several different potential buyers before receiving a good offer.

In the meantime, Motorway works with a system of more than 5,000 verified dealers to assist you in locating the best price from a seasoned buyer. You get a lot more money than in part exchange, and it is quick and simple.

You can always choose an instant vehicle purchase site or part-exchange it for your next vehicle at a dealership if you simply want to get your car sold quickly and are willing to make a small price sacrifice to avoid the hassle. 

Carefully Choose Your Selling Strategy

If you choose to sell privately, you might get the higher end of what you want, but there aren’t any assurances that a sale will take place. Additionally, you’ll have to handle potential buyers visiting your home and the ongoing paperwork and haggling that may follow.

Motorway eliminates the need for doorstep visits from strangers and links you with the dealer who offers the highest price. Additionally, it is quick and handy. 

If your car is aptly stated on an online vehicle purchase website, sales are typically guaranteed and cash can be in the bank account in under 24 hours if you schedule the sale for the following day.

If your car costs less than £2,000, taking this route might be the best option since many vehicles in this price range are not bought by dealers directly. 

Compare value and speed, and based on your priorities, select the best choice. And be honest with yourself; you might get more money selling your car for scrap if its value is less than £200.

Get Your Motor Ready

Make absolutely sure your car looks as good as it can to prevent last-minute price reductions from potential buyers. On the day you plan to sell your car, it’s a good idea to wash, clean, and take care of any minor problems.

Be Prepared to Bargain if Necessary

Make sure that when you meet with a potential buyer, you are prepared and know how much your vehicle is worth. Even though it might not always succeed, don’t be afraid to fight back if the buyer attempts to negotiate the price after seeing the car. If you sell your car through Motorway, this shouldn’t ever happen, however, some online buyers might try to lower their offer on the day of the sale.

Never forget that no task is finished until the funds from the sale of your car are in your bank account.

You should never accept checks, bank drafts, or IOUs.

Before receiving payment for your vehicle, do not give away your keys. Both private buyers and auto dealers or buyers are subject to this.

Any respectable buyer will recognize that you must be paid upfront before they take ownership of the vehicle, either through a bank transfer or BACS or in cash upon collection if selling individually. Additionally, they must always be able to provide you with proof that the fund’s transfer has been done, such as an invoice or digital transaction statement, if they are unable to digitally confirm that the finances have been transferred. If it’s not forthright, always ask for it.

Car Selling Checklist

To successfully complete a car sale and prevent losing any value due to missing paperwork and keys, you must have a few essential items on hand.

Find your V5 document, all of your car keys, along with any spares, as well as the history of your services and MOTs.

A buyer will likely have a strong argument to lower the final price made available if you are missing any of these. 

After the Sale, Get Your Money Back

If you are thinking, “how do I Sell My Seat?”, then this is it. Make sure to cancel your auto insurance and take back your road tax in addition to returning the remaining portion of the V5 form to the DVLA. 

Many people are unaware that after selling your vehicle, you can still claim your road tax for the remainder of the year.