The Basics of Selling Your Car

Selling your car to a dealership as a trade-in is different than selling it to another person, which is why it’s good to learn the basics of the process. There is much more to know than you might imagine, so to get an idea of what you’ll need to do. Let’s look at some tips that can get you started.

Preparing to Sell Your Car

Before you post an ad or think about spreading the word that you’re selling your car, you’ll want to do some preparation first, such as making sure it has been maintained (oil changes, tire rotations, spare plug changes) and that extensive records have been kept. Also, you’ll want to make sure you’ve washed, waxed and cleaned the inside. Then you’ll need to calculate the gas mileage, and also consider that a buyer may ask for the vehicle report history through your VIN (Vehicle Identification Number).

Have Your Vehicle Appraised Before Selling It

The next step in the process of selling your car is to have it appraised. Most people actually handle this step on their own by checking the Kelley Blue Book value, or looking in other similar guides. Of course, you’ll want to take into consideration anything you’ve added to the vehicle, including stereo equipment, wheels, or window tinting. By completing this step, you can ensure that you charge the right price for the vehicle.

Advertise and Sell Your Car
After setting the price, it’s time to advertise that you’re officially selling your car. This can be done via websites like Craigslist, as well as local trade publications or your local newspaper. Once you’ve attracted a buyer, don’t be afraid to answer any questions, allow them to test drive it if desired, and don’t avoid the discussion of any problems with the vehicle.

After the Vehicle is Sold

Once the buyer agrees to take the vehicle, it’s good to secure a cashier’s check for payment. If you have an auto loan attached to your vehicle, you must make sure that the buyer’s lender can cover the balance so that you won’t still owe after the vehicle is sold. Also, it’s important to check with your local Department of Motor Vehicles to determine how to properly transfer the title and issue a bill of sale. Also, don’t forget to grab your license plates before the new owner drives away.

Selling your car can be easier if you consider the steps you should take.