The main downside to trading in a car is the price you’ll get for it, so people often look for ways to sell a vehicle privately instead of trading it in.
If you want to sell a car you own, you might want to learn how to sell a car privately to handle the sale yourself.
Selling a car privately might take some work, but it’s not a complicated process. It might take some time, work, and effort, though.
Here is a guide to help you know the steps you must take to sell a car yourself. Reading this guide should provide all the information you need to handle this event.
Find the Car’s Paperwork
If you plan to sell your car, the first thing you may want to do is find the paperwork. You cannot sell a vehicle without providing the title of the vehicle to the new owner.
Additionally, you’ll have to sign the title over to the buyer. If you misplaced your title, you might want to file for a replacement.
You can do this at your local motor vehicle department, and you’ll have to pay the fees for it. It may take four to six weeks to receive it, so keep this mind.
Prepare the Vehicle for Sale and Take Pictures
Selling a car privately takes a little bit of work, and one thing you can do is prepare it for sale. To prepare a car for sale, you’ll need to clean it out and wash it. It might be helpful to vacuum it really well and scrub all the interior parts.
Cleaning your car can make it look nicer and even increase the value. You may also want to fix any minor issues with the vehicle before listing it.
After you prepare the car, you can take pictures of it. As you snap some photos, try to make sure they highlight the car positively. Nice pictures will work better for your advertising and may attract more people to the car.
Look Up the Value and Set a Price
The next step in selling a car is finding out how much it’s worth. Putting the wrong asking price on the vehicle will result in losing money or having trouble selling it.
You can find out your car’s current value by using a website such as Kelley Blue Book. This site allows you to enter your vehicle’s details, such as make, model, and year. You can also add the features your car has and the mileage.
After inputting all the details, the site will tell you the approximate value of your vehicle. You can learn the value of your car if you trade it in or sell it privately.
The approximate value will include a range. For example, a car might be worth anywhere from $2,800 to $3,900. The difference in price varies by location, condition, and cleanliness of the vehicle.
Determine Ways to Advertise
If you want to learn how to sell a car online, you can start looking for ways to advertise.
One of the most popular methods today is advertising on social media platforms. This method is popular primarily because it’s free. You won’t have to pay to place an ad on social media sites, and it’s easy to do.
If you look at the platforms you use, you might find places to advertise cars for sale, or you can post your ad on your personal page.
You can also purchase ads on sites or in newspapers to advertise your car. If you live on a busy street or have access to use a business parking lot, parking your car there might also be a successful way to find a buyer for your vehicle.
Show the Car and Answer Questions
Once you post the ad for your vehicle, you might receive phone calls, messages, or texts about it.
When you receive them, answer their questions in detail and aim for showings. If you can get people to schedule visits to see the car, you’ll be one step closer to selling it.
Most people will ask to test drive the car before buying it. If they do this, make sure they leave their vehicle at your home or meeting spot, so they have a reason to come back with your car.
During these visits, buyers may have questions about the car and its condition. Try to answer the questions thoroughly and avoid lying about known issues.
Verify the Payment
If you show your car to one person or many, you might receive an offer on it. You can negotiate the offer until you reach an agreement. The person must then pay you for the vehicle, and you should decide what types of payment you will accept.
Accepting cash is the most secure option you have, but you could also accept checks or money transfers. In any case, do not sign the title over until you verify that the payment is good.
Eliminate All These Steps and Sell the Car for Scrap
As you can see, selling a car privately takes some work and time, but it is an effective option. If you prefer to have less work with selling your car, you can pursue an alternative option – selling a car for scrap.
When you sell a car for scrap, you contact a cash car buyer. The buyer makes an offer for your car and picks it up from your home. You instantly have cash in your hand from the deal, and you have a guaranteed way to sell the vehicle.
This method is much easier than selling a car privately.
More Tips on How to Sell a Car Privately
Learning how to sell a car privately can help you take the right steps to find a buyer for your vehicle. You can also choose to eliminate all the work from selling your car yourself by contacting a company that pays cash for scrap cars.
If you would like more information about selling a vehicle, check our blog for helpful articles about this topic.