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Certified Used Car Buyer

How to Sell Your Car for Most Value During the Pandemic?

Vehicles that were used several times a day in the pre-COVID period are now sitting in garages for days. Also, an economy suffocated by business lockdowns and restrictions has pushed many people to sell their vehicles. Some people are also trading SUVs or luxury cars for smaller non-luxury cars.

If you’re planning to do that, you have several options. Selling the car to the certified used car buyer is the most obvious and best option available. Other options are selling it to your friend or neighbor. Here we’ll give you advice on selling your car for the most value.

Worth of the Car:

Firstly, you need to know the approximate worth of your car. In order to determine its accurate value, you need to know factors like the vehicle’s model year, brand, model, mileage, and overall condition.

If you sell your car to a dealer, you can expect to receive approximate trade-in value from a dealer. These are wholesale costs that provide a margin of profit to the dealer when they retail the used car.

How to Sell a Vehicle for Most Value?

Fix the Mechanical Issues

If your vehicle has some mechanical issue, you should address either by getting them fixed or pointing them out to the buyer. Although a private party might want a car with minimum issues, a dealer will usually expect the vehicle to have some mechanical problems.

The used car dealers can repair those faults much less expensively than you. So, if you’re going to sell your car to a certified car buyer, it is much less vital that the vehicle should be in near-perfect condition.

Demonstrate Maintenance of the Car

Whether selling a car to a certified dealer or private party, potential buyers would want to reassure that they are getting a good deal out of it. You can show the vehicle’s maintenance records to convince the buyer. If you have maintained your car correctly and kept all vital records, provide them to prospective buyers.

Play the Field

If you plan to sell your car to a certified dealer, it is wise not to take the first offer you are given unless you think the deal is worth it. You can always consider other dealers and other private parties to see if someone can top that price.

Make Attractive Advertisement

Today, you have so many places to advertise cars for sale, many of which are low-cost or even free. When advertising the vehicle, you need to put your best foot forward by clicking attractive pictures and writing a good description.

Assure of Proper Payment

When deciding to sell your car to a private party, accept only the cashier’s check or cash in payment. It is best to close the transaction at the bank that issued the cashier’s check. Avoid a personal check under any circumstances. Once assured that the cashier’s check is good, you can sign over the title and hand over the key to the car buyer.

Suggested Reads:

 

Factors to Keep in Mind Before Selling Your Vehicle

Some Misconceptions about Selling a Junk Car

Top Tips to Get the Best Deal on Your Scrap Car

When is the Right Time to Junk Your Vehicle for Cash?

There are more ways to sell your car, many of which are more convenient, like selling your vehicle to a certified used car buyer. But at the same time, there chances of something going wrong, particularly with a private sale amid a health crisis.

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