Selling a car is definitely not a walk in the park. However, you can make the selling process easy and quick by planning everything beforehand. This will ensure you have a hassle-free selling experience and come away feeling satisfied about the deal you make.
Your selling plan should be broken down into two categories – before selling your vehicle and after selling your vehicle. You should then subdivide each category into different stages to make the selling process quick and simple for you and the buyer.
Before Selling The Car
Prepare your car for selling
- Get a mechanical survey of your car done
The first and the most important thing which you need to get done is a mechanical survey of your car. Hire a good and experienced mechanic and ask him to check your car thoroughly. In case there is any fault, get it repaired first. You can also ask the mechanic to give a copy of the inspection report. Prospective buyers may ask for its copy or they may opt to get the car inspected by their own mechanic.
- Clean the interior as well as the exterior of the car
Cleaning your car properly is very important. The appearance of the car is the first thing a prospective buyer will see and form an opinion about the car and about you. A polished and clean car shows you take pride in your vehicle and have been making efforts to maintain it. So spend some money and opt for professional car detailing.
- Fix a price for your vehicle
Since you are selling your car, it is important to fix the price of the vehicle. But being a layperson you might not be able to calculate the most appropriate price of the car. So it is best to consult a trustworthy mechanic or garage owner to value it. However, do not completely rely on this estimation. Combine this estimate and your rough estimate before fixing the price of the car. On the basis of depreciation that may have happened all these years and other wear and tear, you should come to a realistic price. Use the Internet as well to do research to find out how much similar models and make are selling for. It will definitely give you a ballpark figure to work around.
- Organize documentation of the vehicle
Papers are something very crucial when it comes to selling a car. Hence, it is very important that you keep all the papers of the car in one place so that you can reach them as and when you want.
Advertising your car
- Select the mode of advertisement
Since a number of modes of advertising are available these days, it is important that you choose more than one way for advertising your vehicle. Advertising on all platforms is not such a great an idea. Thus, choose few prominent platforms which you feel would fetch you customers quickly and easily.
- Details of the car
When you advertise, you need to give some specific details of the vehicle. Gather those details before you set out to advertise your car. These should include the make, model, mileage and any accident disclosure.
- Advertise your car for free
CarCluster is one such platform which can help you sell your car fast.
Closing The Deal
Make sure that paperwork is done properly when you sell the car. If necessary, consult a lawyer to make the sales contract.
- Keep yourself safe financially and legally
When you sell something like a car, there are a lot of legalities which are involved in the deal along with the financial factor. Thus, you need to keep a check on the legal as well as financial factors in your deal.
After Selling The Car
Once you have sold the car, you can sit back and relax. But one thing that you need to ensure is that you are in no way liable for the car after it is sold. Make sure the owner collects it and gets the registration transferred to his name as quickly as possible. It is also important to inform your insurance company about the sale of the car. You may either cancel your existing policy or transfer it in the name of the new owner.
Image Courtesy: Phil
This article was originally published on CarCluster Blog.