There are so many selling platforms these days that selling your car should be easier than ever. Companies such as WeBuyAnyCar or even part-exchanging can simplify the process and save you a lot of time. However these methods won’t offer the best price – for this you’ll have to sell the car yourself.
The first thing you should consider is what platforms you’re going to use to sell your car. A sign in your window is no longer enough to make sure your car is getting to the right audience, and the more you can advertise your car the more likely you are to be able to sell it for a good price.
Websites such as Gumtree and Motors.co.uk allow you to list your vehicle for free and are very popular – Gumtree is the number one classified site in the UK so will definitely be one of the first places a potential buyer would look. Ebay is not free to post but you get a lot of control over what price you sell your car.
When posting your car make sure the specifications are correct and detailed. Engine size and number of doors are obvious ones but don’t leave out stuff like MOT date, electric windows etc. Also think about the search terms that would stand out – generally the year of the car, the model, the engine size and number of doors works well in the title.
Get it MOT’d
An upcoming MOT sends a signal to the potential buyer that the car has something wrong with it and has lots of issues that you are trying to offload to someone else. Having the car MOT’d tells buyers they will not have to spend a load of money on the car straight after purchase!
Get it as clean as possible
Obvious, but one of the most important things to do. Having the car spotless shows potential buyers you have looked after the car, and gives the impression you have maintained the engine well, before they have even opened the bonnet.
Find out what your car’s worth
Setting the value of your car too high or too low has obvious disadvantages so it is important to know a general figure of what your cars worth. Valuations will differ depending on the condition and mileage of your car but you can get a rough idea using AutoTrader’s free valuation tool – available here.
You should also check the value of similar cars listed online to get the best idea of what price you should be setting initially.
When to sell your car
You might think seasonality wouldn’t matter when selling a car, but it plays a factor. For example, during summer and spring, convertibles sell for a higher price as demand rises.
Predictably in contrast, winter makes 4×4’s and off roaders jump in price.
September and March are also busy periods for used cars to come onto the market as people trade their old cars in for the new registration plates issued in those months. Therefore it might be better to avoid these months to sell your car due to the increased competition driving prices down and making it harder to sell.
Also try and avoid holiday periods as many people give cars for gifts.
Fix any problems first
This is another obvious one but there are many places on the car you’d never check unless you’re a potential buyer. Make sure your alloys and tyres are in good condition – if they’re not they could take £100’s off the value of your car, but aren’t too expensive to rectify. Now would also be a good time to fix any chipped windscreens and squeaky wipers.
Finally, make sure you’re prepared to haggle and don’t be afraid to call the whole thing off if you’re unhappy with the price.
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