Selling a used car is not easy; however, with a few helpful tips for selling a used car, it can be done. First, keep in mind, that there is usually a 10-20 percent difference in what a dealer will offer you for your used car and what you could make on your used car, selling it yourself.
Most importantly, be sure not to put a used car for sale sign on your car. This will do little good to sell your car and may invite someone to steal your car. Then, when someone shows interest in your car, meet with them in a place that is safe and where people are around. It is important not to bring people you don’t know, to your home. It is also important to describe your car honestly. You don’t want to advertise a car that is in good shape; when in reality it is not and you could be sued if someone takes it for a ride and an accident occur.
When someone wants to drive your car, be sure to see his or her driver’s license and proof of insurance before you allow them to drive your car. And, it is also important that a person be 18 years or older before getting into your car.
Next, when it looks like someone is interested in buying your car, don’t give him or her the title and keys until you have full payment for the car in cash. Most importantly, make sure that when you make up a bill of sale that the make and model of the car is on it, the mileage, the buyer’s and seller’s names, the sale price and that you sold the car “as is.”
Then, once the final deal has been made, remove your license plates before the buyer of the car leaves. If your license plate is not removed, you could be liable to traffic tickets and other liabilities.
Keep in mind, too, that used cars can now be sold online. By filling out several forms, selling your car online can be accomplished. Some companies offer scrap my car for cash services too.
It is also important to know if there are any problems or concerns with your car before you put it up for sale. If you don’t, it can be quite embarrassing and will show that you weren’t thorough in checking it out and it will look like you have not kept up with the maintenance of the car. In addition, if the buyer points out things about your car that make it look like you’re hiding something, he or she will have the upper hand on the sale. That is why it is so important to be honest because when certain flaws are brought up about the car, negotiating for the price will go better.