Do you have a car that you need to sell but you’re not sure if you can do it yourself?
Selling a car on your own might seem like a daunting task, but if you know what you’re doing, you can do it yourself in a matter of days. By doing so, you’ll make a lot more cash than if you sell to a dealer or have someone sell it for you.
In this post, we’re going to give you a short guide on how to sell a car privately. Read on and you’ll be prepared to go through this process all on your own.
Table of Contents
Before You Try to Sell a Car
Before you start thinking about making an ad for your car, you’ll need to get all of the paperwork and whatnot in order. First, if you’ve got the pink slip (the title), then have that ready, as it proves that you own the car and have the right to sell it. There are ways to sell the car without a title if you don’t have it.
Beyond this, you should ensure that you don’t have anything owing on the car, then visit the DMV to check if there’s any state-specific paperwork that you need to provide or fill out before selling. Last, you should order a vehicle history report from CARFAX, especially if you’re not the original owner.
Setting a Price
Setting a price for your vehicle will depend on the condition it’s in, as well as the make and model. If you set the price too high, you’re not going to have any serious inquiries, and if you set it too low, then you risk leaving money on the table.
Search online for other ads with the same make and model from a similar year to see what you should set the price at. It’s worth noting that if your car is in rough shape, it might be better to sell a car yourself to a junk car buyer. This is an extremely simple process that’ll leave you with cash in hand.
Create Your Ad
If you’ve got a decent car that you think you can make good money on, however, you’ll want to make an online ad on the platform of your choice. The most important thing here is that you provide lots of detailed photographs of every part of the car, especially aspects that might be less desirable.
You’ll also need a detailed description of the vehicle, along with repair and ownership history, which you can provide with a CARFAX link. Outline the most appealing parts of the vehicle, but mention any things that might be problematic as well to maintain transparency.
Finding the Right Buyer to Make the Sale
To avoid getting scammed, make a dedicated email address for the sale of the vehicle. This will prevent any scammers from obtaining your everyday email address. You should also make it clear that you aren’t accepting any online payments.
If you’re worried about the dangers of selling a vehicle to a stranger, have a friend come along. Failing that, arrange to meet in a public place and make sure you get the money before you hand over the title to the car.
Once you’ve got the money, your job is over. Now that you can see that it’s not so difficult to sell a car on your own, you can start obtaining the paperwork and creating your ad today. As long as you follow these steps, you’ll have a good payday on your old car.
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