Upgrading Your Vehicle? Here's How to Sell Your Old Car
Just like buying auto insurance, selling your used car, truck, or van can be an easy process, but many car owners still worry about getting the most out of their investment. At Cost-U-Less, we understand wanting to get the most for your money, so we’ve put together a guide on making the used car selling process as quick and rewarding as possible.
Pricing and Paperwork
For many car owners, determining the cash value of a vehicle can be difficult, but it’s important to do it now rather than later. You don’t want to go through the trouble of preparing your vehicle only to find out it wasn’t worth the effort, after all. Your car’s value will vary based on its condition, but resources like Kelley Blue Book and NADA Guides can give you a general idea of your car’s value.
Even a cheap car insurance plan can make maintaining your vehicle much cheaper. Call or click Cost-U-Les today to learn more.
If you’re not satisfied by your vehicle’s value, it may be worth your time to look into ways to increase the vehicle’s market price. If it’s still not worth as much as you were hoping, many dealerships will accept it as a trade-in at a greater value. On the other hand, if you’re happy with the price and ready to sell, you’ll need to gather some important documents.
Each state has specific requirements for which documents need to be transferred to a vehicle’s new owner, but most states will require the following:
– Title
– Maintenance Records
– Bill of Sale
– Release of Liability
– Warranty Documents
– As-is Documentation
These documents are essential in protecting both the buyer and the seller from preventable legal problems, but they can also be extremely reassuring to the buyer, especially in the case of maintenance records. A well-maintained car is worth a lot more, which brings us to…
Preparing the Vehicle
Now that we have all of the paperwork squared away, it’s time to make your vehicle looks its absolute best. We’ve already published a few tips on how to give your car a professional clean, but just in case, don’t forget the essentials. Wash and wax the exterior, get the rims and tires as lean as possible, and then take everything out of the vehicle’s interior. If it belongs in the car’s interior, clean it and put it back in. If it doesn’t, keep it out. Once your car is ready for its close-up…
The Sale’s Pitch
Now that your car is ready to sell, you’ll want to spread the word via advertising or social media. Provide detailed info on the vehicle, and be ready to convince a buyer why your vehicle is worth buying. Create a small sheet of key talking points so you never miss a chance to praise your vehicle.
Don’t be afraid to adjust the price, but don’t be a pushover, and make sure you get what you need out of the transaction. Once everyone’s ready to finalize the sale, you’ll complete the paperwork listed above and the car will officially change ownership. Congratulations!
One more thing: Don’t forget to take your old vehicle off of your insurance! After that, call, click, or visit Cost-U-Less for car insurance quotes, free consultations, and more.
