Steps to Follow in Selling Your Car
Selling you car may be tough, but once you have done some research and follow a practical procedure, the process may not be that complicated.
Before ever trying to follow a process of selling your car, determine first the car’s worth, so you can know if you are going to get a good amount of profit from it; otherwise, discard the idea of following a process and instead trade in your car to a car dealer.
When you have found out that your car is worth getting a good amount of profit, it’s best to prepare and gather ahead of time the necessary documents of the car, so that when the time comes to hand over your car to the new owner it’s just a simple matter of providing the complete document, stress-free at your end, and the new owner will gladly appreciate the effort and fast process of handing over everything. The following are the necessary papers to work on: the title of the car, which you will be signing when it’s clear that your car will be bought by a new owner; maintenance records, which when kept can show proof of how you took care of the care in good condition and, with that, can add value to the car’s price; bill of sale, a document that states the terms and conditions incorporated in the process of selling your car; release of liability, which is a form that will release you from liability of damages that may incur on the car after it is sold; warranty documents, coming from the car manufacturer’s warranty; as-is documentation, this is prepared if there are no car warranties, so this document will require the assumption of responsibility by the new owner for repairs and damages that may happen to the car.
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Prepare to condition your car by doing a series of washing and cleaning, like: wash and wax the exterior of the car, clean the rims and the tires, wash or replace old floor mats, vacuum the floor, seats, and car trunk, wash the windows, in and out.
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When you have prepared and conditioned your car, do these three steps, which are: take clear pictures of the car’s exterior and interior, place these pictures in an online ad or in newspaper or magazine ads, and create an ad composition, where you provide all the necessary information of your car, such as: the selling price, indicate whether it is a quick sale or best offer price; car’s mileage; condition of the car; any history of accidents or damage; upgrades that have been made or recent repairs done; number of owners; and the vehicle identification number, which will help the potential buyer order for a vehicle history report.
As soon as prospective buyers are coming over to your place to see and inspect your car, take the opportunity to get information about them, such as their full name, their mode of payment on the car, and whether they are residing within your area, then afterwards, when they negotiate for a price, give a counter offer until such time that an agreement is reached between you and a potential buyer, who is keen on buying your car, then finalize the sale with your prepared documents.