Did you just find your dream car? And you want to buy it, but first, you have to sell off your old car? Here are the top tips for selling used cars in Belconnen.
1. Be patient — selling used cars take time
In general, it takes an average of 45 days to sell used cars. Therefore, prepare yourself for this. Make sure that your vehicle is in good condition and make a focused attempt to sell the car privately. You may be inundated with calls, texts and email about prospective buyers and imposters, who seek all details about your car but don’t show up. But, hold on; don’t give up. You will, eventually, find your buyer.
When you find a genuine buyer, sell it at the appropriate price. Do not wait for a better or right price. Because your car is depreciating in value regardless of whether it is sitting all cleaned and ready in your garage.
2. The first offer is generally the best offer
Putting up used cars for sale is not the easiest task. That is why many car owners end up advertising a higher selling price; they overestimate their value by including the effort it takes to sell the car. However, for the buyer, the price tag is already higher than the actual worth of the car. The car is a depreciating asset, its value starts depreciating from the moment you buy it.
Therefore, the moment you put up your car for sale. The initial few inquiries and offers are usually the best offers you will get. It is natural to want to wait, expecting a high price. But that buyer showing interest in your car may be your best chance of selling at a decent value. There are car owners who wait for weeks and months to sell off their car but cannot because their price is high. They finally end up selling their car at scrap value.
3. Keep your car in good shape
A product should look and feel good to be sold at the accurate price, and used cars for sale need to look all the better to attract buyers. So, get on the gears and clean your car thoroughly, inside and outside. Keep it looking and smelling clean till you find a buyer.
Not just its looks, your car’s engine should also be in good condition. Every proactive buyer would want to do a test drive for their assurance, and an experienced driver will easily notice defects and problems in your engine. This could degrade the value of your car greatly. It is good practice to hire experts to clean your car and fix the defects to maintain its sale value.
4. Talk. Share. Advertise.
You cannot just sell your car until you say it to the world that your car is on sale. It is your duty to let the world know about this. Advertising is very important to sell your car quickly and at the appropriate price. There are many new car deals in Canberra, piggyback on the opportunity.
Advertising will highlight your car and its price to your prospects. This way, interested buyers will get in touch with you to inspect the car and buy it if they like it.
Add the right detail in your advertisement. Put your name and number so that prospects can contact you. Mention the USPs of the car in your advertisement that will help you attract buyers. Be honest with what you mention in your ads as false information will only invite negative reviews for your car.
5. Ensure your documents are in order
If your car’s documentation is proper, it will help you sell your car faster. After all, no buyer would like a car with incomplete and improper documents, especially when they are paying money upfront for it.
Therefore, make sure you have the owner’s manual, service records, logbook and other documents updated and ready for inspection. Doing so adds transparency to the deal and enables a faster conversion. If you have changed any of the original parts, add the receipts so that the buyer knows about it.
A well-maintained car and a transparent deal will help you to sell your car faster. If you want to know more about used or new car deals in Canberra, visit us at Canberra Toyota today.
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