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Selling your car yourself can save you a lot more money than a dealer would give you trade-in value for. At the same time, it is always riskier to sell the car yourself. Is it worth it? Sure, if you know how to lower your risk factor!
Advertise on bulletin boards, in local papers and online. Take a few pictures at different angles and write out full details of the vehicle’s performance, features, and warranties. A great sell-value is to get an extended warranty for your car before you sell it and offer to transfer ownership to the buyer.
Set your minimum price and ask for several thousand over it. Be aware of what a car dealer may have given you for your car, and don’t price too high over that price. Be realistic, not greedy.
When a prospect wants to see the car, and wants a test-drive, either go along with them or get their name, address, and phone number, or ask them for THEIR car keys first.
To protect yourself from false claims of vehicle problems, make sure that your vehicle is in working order BEFORE you sell the car. Offer to go with the buyer to their mechanic for an inspection> Also, be sure to have an accurate record of your car’s history on hand. When the sale is made, offer to drive the new car owner to the registrar’s office to get the vehicle title in their name. When they are issued their temporary tags, take your plates off the car! Thank them for buying your car, and offer to give them any vehicle history if problems arise in the future!
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