You’ve made the decision. It’s time to sell your car. Whether your vehicle has just gotten old or you acquired it through an estate, there are a lot of steps involved in selling your car. Choosing whether to sell your car privately, through a dealership, or with Before U Trade can take some consideration. And – along the way – there are multiple mistakes to avoid in order to sell your car fast and for the best price.
To help you along your car-selling journey, we’ve put together this resource of critical mistakes to avoid. If, after reading it, you want a more seamless car selling process, then learn how Before U Trade can help. Our three-step car selling process provides real, no-obligation offers for your car in minutes. Click the link below to learn how you can get started with us and sell your vehicle fast!
Sell Your Car with Before U Trade
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If you choose to sell your car privately, here are a few mistakes and solutions to keep in mind.
Common Car Selling Mistake: Pricing Your Car Incorrectly
What’s often talked about is the bond between people and their pets. What’s not as much, but just as powerful, is the connection people feel to their cars. As pets represent a constant companion, cars are freedom – the endless possibilities of the open road. From picking out our cars to taking care of them and sharing life’s milestones, our connection with them grows.
When it’s time to sell our cars and part ways with them for good, it’s understandable to remember those good times and associate them with the car’s value. This leads to sellers pricing cars too high for their value, failing to get offers, and being forced to keep them longer than they may want.
It’s a common scenario. An excellent first step is researching your car online and seeing others’ prices. Look for comparisons with vehicle history, mileage, and wear and tear. Check how fast they are selling to see if the market agrees with the price. Especially if you choose to sell privately, pricing your car competitively will help you attract offers faster.
Common Car Selling Mistake: Missing the Details
As with the car itself, there are a lot of tiny details when it comes to selling it. Think back to when you first bought your vehicle and that experience. The car was ready, cleaned, and had working sets of keys. The interior smelled new (or nice) and was freshly cleaned. The sellers removed old messes and spills and left no trace of previous owners (if any). It was a fresh slate that you had free to make yours.
Try to recreate this experience for anyone who comes to view or buy your car. Making sure the car is freshly washed, has working sets of keys, and is road safe (oil changed, fully inflated tires, etc.) will be crucial for helping to convert an interested prospected to a converted buyer.
Common Car Selling Mistake: Completing Repairs Before Selling
This is a question we get often. If your car needs significant repairs while you’re trying to sell it, should you pay for those repairs? Some say that making those repairs could help increase the value of your car and offset your costs for improving it. However, this very much depends on the state of your vehicle and what repairs are necessary.
Keep in mind that cars are depreciating assets. Unlike homes or forms of real estate, they don’t go up in value. We have encountered many sellers who invested in costly repairs only to see them not have the corresponding value in sales price. Talk to a car sales expert (like us here at Before U Trade) for more information about your situation. Also, fully disclose any repairs necessary to buyers should you choose not to complete them yourself.
Common Car Selling Mistake: Accepting the First Offer
If you choose to avoid dealerships and sell your car privately, it’s tough to get offers sometimes. You must stage the car properly, market it, and vet potential buyers. It takes so much work that, once you finally receive an offer from someone, it’s tempting to accept it immediately.
If you can, though, try to wait. Negotiating prices will be a common feature when selling your car, and trying to collect as many offers as possible could help you maximize your sales price.
Selling your car is just as much about avoiding common mistakes as doing the small things right. Side-stepping these pitfalls can help you quickly attract and close on the right offer. If, after trying to sell your car on your own, come back and visit us and see how we can help.
