Things to Know Before You Sell a Second-Hand Car

Are you looking to sell your old car before buying your new dream one? Knowing the best way to sell your second-hand car will allow you to receive the best price possible.

Hence, to help you understand what you need to know before you sell a second-hand car, our experts at Sell My Car Australia have outlined valuable tips and tricks you can use throughout the process.

Read on to find out what you should be looking for when selling a used car.

Make Sure Your Car Looks Its Best

No one wants to buy a car that looks overly damaged, dirty or outdated.

To ensure your second-hand car has the best chance of selling, you must clean your vehicle inside and out before even attempting to sell. Additionally, the car must remain clean and in pristine condition throughout the selling period.

Presentation is key and will help you attain the best value for your vehicle.

Set a Realistic Price

Ensure the price listed is a realistic one. An overpriced car will make it more difficult for potential buyers to consider purchasing your vehicle.

We recommend undertaking the necessary research to understand how the market values your car and then set your price accordingly.

Alternatively, if you are adamant about upping the price, make sure you explain why your car is priced as it is. Does it include extra accessories? Maybe it has been customised? Ensure potential buyers do not overlook these elements.  

Use Advertising Strategies

While advertising practically anything online is relatively easy these days, you must remain careful, especially when selling second-hand cars.

Choose a service that will showcase the best bits of your car while keeping your details private. It is best not to expose your number to various people and ensure your privacy remains secure.

Additionally, creating your advertisement is of utmost importance. You will need to take high-quality photos of your car and write a clear, concise, and attention-grabbing ad. Advertising your car will allow for greater outreach and entice more potential buyers. Hence, it is best to actively find ways to promote your used vehicle to as many people as possible.

Remain Honest

Don’t advertise your used car as something it’s not. Before listing your car for sale, ensure it has been serviced, and all necessary faults have been fixed. If there are still issues that have not been resolved, make sure all potential buyers are aware – even if this means you need to reduce the initial price you set.

Additionally, it is best to be honest about the amount of registration remaining on the vehicle.

Double-Check Your Paperwork

Ensure you have all relevant paperwork needed to advertise your car for sale. Often, different states and territories have their own rules and regulations for selling a second-hand vehicle.

Read all the comprehensive information regarding the sale of your second-hand car online. Additionally, the more documentation you have regarding the preservation of the car, the better your chances are of finding a potential buyer. 

Bargaining and Finalising the Deal

Expect potential buyers to bargain for a lower price than what you’ve listed. Before even beginning the process of selling your used car, we recommend thinking about the lowest price you’re willing to accept.

However, it pays to be strong and only agree to a price that works for you.

Once all these elements are covered, you’ll be ready to finalise the deal with your potential buyer. Hand over the keys once you’ve been paid in full, and your job is done.

Thinking of selling a second-hand car? At Sell My Car Australia, we’ll make a genuine cash offer on your vehicle. Contact us today for a free valuation.