If you’ve got your heart set on a brand new car, there’s only one thing holding you back. Your old car! You need to get rid of the old banger in order to make the upgrade. That means squeezing every last ounce of value from the sale. Today we’re going to show you how. There’s no need to settle for a low price, you deserve the biggest profit possible. There are a few different ways to sell your car, some more profitable than others. There are also a number of pro tips you can follow to improve the appeal of your motor. After all, you want a quick sale, and the best price. Here’s how.
1. Do a little research
First of all, find out how much your car is worth in general. Search the online car markets for vehicles of a similar age, mileage and condition. What’s the range of prices your car falls into? It’s really important that you don’t overprice your car. Yes, we want the best deal, but price it too high and you’ll never sell! You want to aim for a price close to the top of the range, but not above.
2. Choose the best sales route
There are so many different ways to sell your car. The quickest and easiest route is selling straight back to the dealer. You can even do this as a part exchange when you buy the new car. However, this isn’t the most profitable path. You’ll get more money by selling on the private market. We even know drivers who have had more luck with car buying websites.
3. Keep it well maintained and fix any problems
A good resale value lies in the maintenance. It’s really important that you keep the car well maintained throughout its life. Buyers really appreciate a good, strong service history and reliable parts. If there are any existing problems, get them fixed before you sell. Repair damaged clutch cables and replace the oil. We suggest putting the car through its MOT first as well. Get a clean bill of health and you’ll give buyers peace of mind.
4. A good clean
First impressions really do make a big difference when it comes to selling. A clean car has two big advantages. Firstly, it can look newer than it really is. It bumps up the overall impression of the car. Secondly, it gives the buyer a perception of good maintenance. A clean, well presented car suggests it has been well looked after. The buyer will instinctively think this extends to the engine and other parts.
5. Sell at the right time
This is a little known trick that works wonders for car sellers. There are certain times of year that are more lucrative than others. For example, the market slows down over the summer and towards Christmas. The most lucrative months are September and March, just before the new registration.
Follow these tips and you’ll be well on the way to a quick and profitable sale. Good luck!