Sell My Used Car – How To Make The Most Money By Selling A Used Vehicle?

Posted by Scrap Car Removal GTA on October 16th, 2019

If you often ask yourself - How will I sell my used car then we have the exact guide for you in this matter. Furthermore, we will take up the benefits of selling used car and what things to be considered before doing it.

The easiest manner to sell your used car is to either trade it through an authorized agency or to a car buying service. This process may give you a slightly lower price than those sold directly to the buyer. On the other hand, the process may assist you in selling off your car through proper and legal channels. However, in both cases, you need to assess the following factors -

• Find the present value of your vehicle

• List your vehicle for sale either online or offline

• Understand the expectations of buyer

• Verify the buyer credentials

• Negotiation of price or fix a Minimum sale price

Trading or direct selling

Trading or selling off your used car to a trusted dealership is essential. However, it must be noted that the payout price for the above-mentioned case will be slightly lower. This is partly because the dealership takes in the approximate cost of refurbishing your car before reselling it. Likewise, dents etc. need to be repaired.

Alternatively, if you are thinking about how would I sell my used car directly, you need to ensure direct compliance with government regulations as well as invest considerable time to find the right buyer. It brings good returns with an investment of (huge) overhead time.

Factors affecting the used car value

Few factors influence the final pricing for your used vehicle. These include - 

• Car history

• Present condition

• Accident history

• Mileage

• Service history

• Extended warranty

• Spare parts or upholstery and accessories

• Replacement for the brakes and battery

These factors are highly important for selling the car and it is expected to disclose all the facts pertaining to the same to the dealership. 

Special instructions

Ensure the following to get the best value for money

• Give your car a good wash before enlisting

• Photograph it on a clear sunny day

• Take off any personal items that are not part of the car (read baseball bat).

About the Author:

This article written by John, manager at Scrap Car Removal GTA is Ontario’s top auto recycling company found in the year 1995. They aim to provide a platform for recycling cars in exchange for cash or an option to donate their car. They are an expert service including junk car removal, extraction and vehicle disposal.