Sell your used car?
Do you want to sell your used car? For example, because you are looking for a larger or smaller car? It is then important to proceed carefully so that you can sell your used car at the right conditions. CARFAX helps you with the process when it comes to selling a second-hand car. How? CARFAX has prepared a simple guide that you can use to sell your car at the right conditions. In this article we take you through this process and we tell you how you can best sell your used car.
ORIENT ON THE OCCASION MARKET
First of all it is important to take a closer look at the market, so that you have a clear picture of the used cars that are already being offered on the market. Compare the prices that different suppliers apply and look mainly at cars that are equivalent to the car you want to sell. This gives you a picture of the size of the market.
DETERMINE THE PRICE OF YOUR USED CAR
Perhaps the most important aspect of selling your used car is to determine the price. On the one hand you want to prevent you from getting too little for your used car. On the other hand, you should not ask too high a price, because otherwise you will not get the car sold. In short, the price must be just right. By first orienting yourself on the market you get a good picture of the price range in which you have to sit around with your own price.
MAKE SURE YOUR CAR LOOKS CAREFULLY
For many people, the first impression they get from a car is very important. We therefore recommend that you carefully clean your car. Do this both inside and out and make your car look perfect. That way more people come to look at your car.
HOW DO I PUT MY SECOND HAND CAR ON?
There are different ways to promote your second-hand car. In the past, many traditional ways were used. For example by hanging a sign with 'for sale' in your car or simply by word of mouth. Apart from the fact that this can never hurt, the internet is nowadays the most used way to sell a second-hand car. Use the well-known 'auto sales sites' for this. In addition, social media is nowadays a powerful means to reach a large network.
HOW SHOULD MY ADVERTISEMENT SEE?
Which matters are important to mention online when you offer your used car for sale? Following on from the fact that your car should look well cared for, we recommend that you also take good photos of it and place it online. You also mention important issues such as the asking price and (technical) specifications. In addition, you can create more confidence by giving people direct insight into the condition of the car. You may be able to substantiate this with maintenance booklets or other relevant data.
SHOW THE CAR TO POTENTIAL BUYERS
When you have placed your ads and the car has been brought to the attention through social media and word of mouth, the responses will come naturally. People are interested and would like to come and see the car. We hereby advise you to determine as well as possible whether people are actually interested, or whether they are merely looking for guidance. This can save you a lot of time. When you invite someone, it is wise to answer all questions openly and honestly. This creates confidence with the buyer and prevents problems afterwards because you have been honest about everything. People probably also want to take a test drive in your car. In that case, we recommend that you first check whether the person in question has a valid driver's license. Secondly, we recommend that you join us,
HAND THE CARFAX VEHICLE HISTORY REPORT
When you give potential buyers the CARFAX vehicle history report, this gives the buyer a huge confidence. You show that you are transparent and you provide information that comes from a reliable and independent source.
THE NEGOTIATIONS
The most difficult of the entire process is to negotiate the price. In advance you take a price in mind that you would like to receive for the car. In many cases, potential buyers try to force a cheaper price. Do not agree to this too quickly and dare to reject people. It may be that there is someone who does want to pay your asking price.
POSSIBLE COMPLICATIONS
It is of course possible that someone does not want to buy the car before he has been checked by an independent mechanic. If after this check certain problems still come to light that you think are necessary, you can propose to lower the purchase price or to share the invoice with the buyer. You always come out in good consultation.
HANDING THE KEYS
If everything is in order then you can proceed to the paperwork and handing over the keys. Make sure the car is transferred and do not forget to cancel your insurance. Also note that the payment method is safe!
If you carefully go through all the above steps then nothing can go wrong with selling your car! You got rid of your car and the buyer is happy with his new car. You can use the CARFAX checklist to be sure. That way you miss nothing at all and can safely sell your car!