Business
Various Ways You Can Sell your Car
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If you love your car but finally have to admit, it’s time to upgrade, there are a number of options available to you, which we highlight in this short article.
- Part-exchange – Many motorists who are looking to upgrade their car negotiate their old car as part payment for the new car. Large auto dealerships offer part exchange to attract customers and they usually sell the car on to a smaller dealer, although some will put a part-exchange car on their forecourt. They usually offer a generous price if you are going to buy one of their vehicles, which is a very popular strategy for Aussie vehicle owners.
- Car for cash – There are digital platforms that are designed to sell used cars and they offer a fully comprehensive service. They have a huge nationwide network of car dealers who will bid in real time for your car; simply upload the vehicle images and details and with the help of a staff member, your listing will go live and you are able to accept any offer. If you are wondering, “How do I sell my car in Melbourne?”, this is the easiest way. The platform even handles the paperwork, all you have to do is arrange for the dealer to collect the car and the money is transferred into your account. Note; There is a small success fee to pay when the car is sold.
- Social media – Have the car detailed, take a few photos and see what response you get; selling a car on Facebook can lead to time-wasters, which can be very frustrating. You might get lucky and get your asking price but with so many second-hand cars on the market, buyers are looking for discounts. While on the topic of cars, here’s an interesting article about engine braking Vs traditional braking.
- Auction – It is possible to put your car in a local auction, where car dealers are on the lookout for bargains; if the car is a prestige model, you are more likely to find a buyer at an auction. Car dealers typically buy their cars from trade auctions and private individuals might find it difficult to access these events.
- Referrals – Probably the best way to see a used car is through a friend, you are more likely to get your asking price, although if the car develops a problem, it could be awkward. Prior to listing the car, tell your friends and you might get lucky and find someone who is looking for that type of car.
- Sell to a dealer – You could visit an auto dealer and ask him to make you an offer; bear in mind that the dealer has to spend some money on the car before he puts it on his forecourt, so you won’t get a good price.
Selling a used car is a relatively straightforward process; make sure the vehicle is in good working order and gather up all bills/receipts. We hope the above information helps you to get your asking price.
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