Reselling your car can be nerve-wracking. You don’t want to sell for less than the car is worth, but you also want to find a buyer!
There’s lots of good advice out there on how to resell your vehicle. Here’s a rundown of five steps to help you sell your car for a price you’ll be happy with.
- Gather Information on Your Car.
Round up your car’s title, maintenance receipts and any outstanding warranties the car may have.
- Know Your Car.
Have your car looked at by a professional to make sure you’re aware of any problems. This way you can be honest with any potential buyers and adjust your asking price accordingly.
- Repair Damages.
Doing minor repairs like replacing headlights can greatly increase a car’s resale value. It will also make it more attractive to potential buyers.
- List an Appropriate Asking Price.
Research similar listings online to see how vehicles similar to yours are priced. You can also check out sites like Edmunds or Kelley Blue Book for a look at how much your car is worth.
- Don’t Be Afraid to Negotiate.
Go into the negotiation knowing your bottom line. If your buyer can’t meet the minimum, be prepared to move on. Also be ready to take a fair offer should a buyer give you one.
