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Try yourself with tips below
10 Steps for Selling Your Car
Step 1: Gather Your Car’s Information
Step 2: Know Your Car’s True Condition
Step 3: Decide Whether to Trade-in or Sell Yourself
Step 4: Increase Your Car’s Resale Value
Step 5: Set the Asking Price for Your Car
Step 6: Create an Online Ad That Sells
Step 7: Screen Potential Buyers
Step 8: Use the Test Drive to Sell
Step 9: Negotiate the Best Price for Your Car
Step 10: Complete the Sale
Whether you’re looking to unload your car quickly or get the best offer for it, it’s smart to start with a little preparation. Kijij is here to help, with tools and information for every step of the process: from determining your car’s value to setting your asking price to getting a firm online offer.
1Gather Your Car’s Information
Many people overlook this step until the very end, but the selling process really starts with rounding up your paper work. The car’s title, service records and original sales paperwork are the big three.
Here’s why: While you may already know the basics (year, make, model, current mileage), you’ll need to know your car’s style (not just a 2003 Honda Accord, but a 2003 Honda Accord LX) along with optional features like keyless entry, a CD player, leather seats or navigation system. Options can bump up your car’s resale value, so be sure you have a complete list. If you want to see if you missed anything, check your original sales documents or the window sticker.
Finally, gather up as many maintenance receipts as you can find. “These days, regular oil changes are an even better indication of good upkeep than tune-ups,” says Dan Ingle, Kelley Blue Book’s Vice President of Vehicle Valuations and Industry Products. “If you changed your oil every 3,000-8,000 miles, in keeping with the manufacturer’s recommendations, that’s a good signal to a buyer that the car has been cared for.”
If you don’t have your service receipts, ask your dealer, regular mechanic or oil change center if they can print a statement that summarizes your visits. This kind of information reassures a buyer that the car is in good shape, which can help you get a higher price.
Next Step 2: Know Your Car’s True Condition
You may think your car “drives like new” and shines like a baby seal, but its value will depend on its actual condition, so you’ll need to be both knowledgeable and realistic about it.
Owners tend to overestimate the value of their car, which can lead to unrealistic expectations. If you ultimately set your asking price too high, you’ll probably have more trouble selling it. Consider going to your mechanic for an assessment. He/she can identify problems with the engine, plus things you may overlook, like a broken tail light or features you don’t use.
A pre-sell inspection can be worth the investment because:
You’ll arm yourself with the information a buyer will find if they do their own inspection
A recent inspection will put buyers at ease and may even head off a buyer’s need to have the car inspected on their own
Or to get a sense of your car’s true condition on your own, start with a call to Rick at 519-455-5351