When you go to sell your car, you’ll quickly realize that most of the people interested in buying it want to give you a fraction of what it’s worth. It’s the harsh reality of car sales. Private buyers want to give you a lot less than what you’re asking, and dealerships will probably offer you even less.
If you want your asking price (or more) for your car, there are some things you can do to make sure that happens. Check out these tips on how to get the most money when you sell your car, and avoid car flippers that just want to flip your car for a profit.
Car dealerships are the quick, easy way to sell your car. All you have to do is drive your car onto the lot, they’ll make you an offer, and you’re good to go. But with that convenience comes a catch; you’ll be offered thousands of dollars less for your car than it’s worth.
If you take your car into the dealership, the person who is reviewing your car will attempt to devalue it in every way possible. He or she will point out every stain in the dashmat or paint chip so you believe that your car is worth a lot less than it is. Don’t fall for this, and avoid dealerships if you want to get the most for your car. If you’re buying a new car from the dealership, you may be able to get a good offer on your trade-in, but in most cases selling the car yourself is the way to go.
The chances that you’ll get a good offer on your car are a lot higher if your car looks good. Before you list your car, spend some extra money to detail it. You may spend $150 on detailing it, and end up getting an extra $1,000 on your offer.
If there are some interior flaws that can’t be cleaned up, consider investing a little money into covering those flaws. If you’ve got rips in your seats, buy some seat covers to cover them up. If you’ve got some cracks or sun damage on your dashboard, opt for some dashboard covers in order to make your interior look better. Taking these simple steps to cover up and correct flaws will no doubt result in some extra money once you go to sell your vehicle.
Only Entertain Serious Offers
A majority of people who will want to buy your car will offer you hundreds, if not thousands, of dollars below what it’s worth. Avoid this by wording your ads to weed these people out. Set up certain times and places where people can view your car, so you have multiple people coming at once and competing for your vehicle.
Make sure your ad says that you are firm on your price, and that should weed out a lot of the people simply searching for a deal. Follow all these steps, and you’ll score a great return when selling your car.