Automobiles

Published on March 12th, 2019 | by Bibhuranjan

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Tips To Consider When Selling Your Used Car

How many times have you wondered that the car you apparently purchased a couple of years ago, has already started bothering you? You might have experienced immense pleasuring when you first purchased it. But with time, you have also experienced the pain of dealing with it. Apparently, that’s what made you read this guide. Now while you are deciding whether or not to purchase a new car, it might be worth your time to consider a few tips on how to get rid of your old one. After all, there are few sensations in the word as exciting as driving a brand new car. So without wasting any more of your time, here are a few thumb rules that you can follow to get a better deal on your used car.

Tips to Consider When Reselling Your Car

Walking this path has its own share of pros and cons. It is important to bear in mind that no car resell will yield you even 70% of its original value, as modern cars depreciate like a sudden stock market crash. However, that doesn’t mean that you can’t preserve the value of the vehicle and here are a few nifty tips and tricks that you can consider.

  • General Maintenance

Any car with a proper service history will have a higher chance of re-sell. Second hand car buyers, above all, look at service history of the vehicle to determine whether not it has been properly maintained or run on a shoestring budget. A properly maintained car will not only attract more buyers but also sell at a higher asking price. So even if you have ignored your car during your ownership, it might be a good idea to get it examined with a certified mechanic or technician to assess the overall condition of the car.

  • Cleanliness of Your Vehicle

Nobody expects utmost perfection when buying a used car. However, customers would appreciate the reselling option when the car is carefully handled. If you show that you have taken time for buffing up the car, then it might be worthwhile of their consideration. It includes waxing, washing, taking care of any dents and scuffs,  replacing the used windshield wipers and the floor mats, etc. You spend less than a hundred dollars, and in return you get more cash from the buyers; exciting, isn’t it? Additionally, you can pick up a car air freshener and stick that right under the car seat for additional interior presentation.

  • Reasonably Priced

Cost remains a significant factor in determining the successful transaction of your vehicle. After all, the entire process of the resell revolves around how much you would get in return and everyone likes a better deal anyways. While you would want to get most of the invested money back, reaching too high would just scare off the potential purchasers. You can take the help of the Internet forums dedicated to automobiles, to determine a good resell price for your vehicle. It’s a good strategy to check those up before you can quote a price.

  • Carefully Advertised

Properly advertising your used car can have a direct impact on a potential resell of the vehicle. The better tactics you implement, the sooner buyers locate your deal. Sale signs become significant when you proceed to resell the used car. Say, for example, if you proceed to sell out a used punto evo in bangalore, you should consider sale signs or banners that might point it out locals . Other than that, you should also consider advertising online. This might help potential buyers locate you faster as hunting online deals are much easier. Apart from these two methods of advertising, you can also make the use of traditional classified ads for selling your car.

  • Meet Potential Customers

Selling your used car will take up the spare time you have. However, you can also screen the callers in order to weed out looky-loos. And in case you’re not rushing on this decision, you can only choose the cash buyers for showing your car. Additionally, you can also opt for the customers who have applied for loans for showing your car. That’s how you connect with the interested public. You should make sure to answer all their queries and end up the conversation on a positive note. Remember that buyers always want cars that are properly maintained.

  • Negotiate Price

It is no big secret that everyone wants to haggle for a better price. And hence, even if your advertisement mentions a firm number, negotiating it would make potential buyers move forward for the purchase faster. If the buyer asks you about the best price, you should always counter him or her how much, can he or she pay for the purchase. This is how you can take your conversation to the next level. In this way, you can even avoid mentioning the exact number and be firm with your numeric figure.

  • Payment Option

There are multiple payment options available right now. So, in case a potential buyer is already lined up, proceed with an effective payment option. Now that there are several ways to transfer the money, you can offer multiple options. You can go for certified checks or wire transfer. You can also proceed with bank cheques. Alternatively, you can even move forward with an installment payment option, as long as you trust the buyer. Remember that you should transfer the ownership after the purchaser fulfills the overall agreement.

Wrapping Up

When it comes to selling your car, you should never forget canceling the ongoing insurance. Right after the official deal, the buyer becomes the actual owner of the car who is responsible for all the coverage. Once you sign the agreement and get the cash, its time to move on to your next car.

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About the Author

Bibhuranjan

Editorial Officer, technofaq.org I'm an avid tech enthusiast at heart. I like to mug up on new and exciting developments on science and tech and have a deep love for PC gaming. Other hobbies include writing blog posts, music and DIY projects.



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