So, you have decided that it’s time to sell that old car of yours. Maybe you’re looking to buy a new car or you simply no longer need that vehicle. You will obviously want to get the most money for your car when you sell it, so what are your best options? There are many different ways available to sell a car today that did not even exist a few years ago. In the past, there were generally only a couple of options — either trade in your used car for a new one or sell to a private party. Now, there are many other ways to sell a car thanks to the Internet, so which one is the best for you? Keep reading to learn about the pros and cons of each, and how you should proceed to get the most money for your car.
First, How Do You Get Your Car Ready To Sell?
The first step in selling your car should be the same regardless of which method you end up selecting. Before you start marketing or reaching out to potential buyers, you want to make sure your car is ready to sell. This might require a little work and elbow grease on your part, but it will pay off in the end.
First, make sure the car looks its best. Give it a thorough wash and wax as well as a complete interior detail too. You would be surprised how much difference it will make to simply clean your car before attempting to sell. Nobody wants to buy a dirty car. You’ll either scare off potential buyers or the offers you get will be substantially lower. A dirty car also gives the impression that you have not taken good care of the car during ownership, so that can scare away buyers too. A clean car gives the impression of a well-maintained car that is in good shape.
Once you’ve got the car looking good, then it’s time to start gathering paperwork. Go ahead and locate the title to the vehicle (the bank will have this if you have a car loan) and registration paperwork. If you have service records for the car, go ahead and get those together as well. Complete service records can add value to your car because it shows buyers that all the proper maintenance has been performed.
Finally, do a little homework. Maybe you’re wondering, “How much is my car worth?” Go ahead and do some research on the car’s value before attempting to sell it. You can use information at Edmunds, Kelley Blue Book, Carfax, or Cars.com to get a good baseline number. This allows you to have a good starting point for the sales price, and it prevents you from accepting an offer that is too low. Keep in mind that several factors can affect the final sales price, so you’ll want to use the information you find as a guide and not a hard and fast rule. Now that you’ve got everything in order and have the car ready to sell, let’s talk about your options.
Option #1: Sell Your Car To Auto Wranglers
One of the best ways to sell your car today is by using Auto Wranglers. There are many reasons why we are the best service out there, and we’ll explain those here. First, our service is quick and easy. We know that when you have a car to sell, you don’t want some long, drawn-out process. Our process only takes a day or two from start to finish, and we can sometimes even have your car gone and cash in your hand the same day you call. We want to make things effortless for you, and our customers agree that we do that.
Next, you never even have to leave home to sell your car to us. We buy cars throughout the U.S., and we’ll come to you wherever you are located. It may be your home, business, or other location of your choice. You tell us what is convenient for you, and we’ll show up on time ready to buy your car.
Many dealerships and private parties like to haggle forever over the price, but that’s not the way Auto Wranglers will do it. We’ll make you an instant cash offer for your vehicle, and that’s the price we’ll stick to. We always pay top dollar and our best price is often higher than the trade-in value of your vehicle. Plus, there are never any hidden fees with Auto Wranglers. We always provide free towing and pickup of your car, so you always get to keep every bit of the sales price.
Finally, we take care of all the paperwork for you. You don’t have to worry about drafting a bill of sale or trying to figure out how to sign the car title. Simply have your title and registration ready along with a valid ID like a driver’s license, and we’ll take care of everything else. Our no hassle process is quick and easy, so you’ll be able to have your money in hand soon. And did we mention that we buy cars in all conditions? Good luck getting a dealership or private party to buy a car from you that doesn’t even run, but we will! Whether you’re trying to sell an old clunker or a car that’s almost brand new, we’ll buy it from you for cash at a fair price. Give us a call today to get started!
Option #2: Trade It In For A New Car
A lot of people take this route because it’s easy, but they often end up losing money because of it. Most people who are in the market for a new car prefer the trade-in option because they can complete everything in one transaction. Car dealers know this as well, so they can sometimes take advantage of your desire to get a new car by offering you well below market value for your current car. While there can be some small tax advantages to the trade-in method, that is usually outweighed by the amount you get for your vehicle.
Dealerships will usually do everything they can to lower the value of your trade. This is because they will turn around and mark it up for resale, and they want to make as much money as possible from it. They also have an advantage because they are working with two prices – the trade value and the sale price of the vehicle you want to buy. They can make it appear that you are getting a good deal when that might not be the case. If they offer you a higher trade value, then they simply keep the price of the new car higher. If they lower the price of the new car, you will usually see your trade value lower as well. At the end of the day, they know how much money they want to make, and they’ll adjust the prices accordingly to hit their numbers.
Option #3: Sell Your Car To A Dealership
In the past, dealers would only take your vehicle if you were buying a new car from them at the same time. However, today many dealers will buy your vehicle even if you don’t buy from them. CarMax and Carvana were some of the first to do this, and many others have now followed suit. You simply bring the car in, have it appraised, and then you have a couple of days to decide whether you want to accept the offer.
This process is usually pretty straightforward, although there are a couple of drawbacks. First, these big dealerships are notorious for making lowball offers. They understand that many people bringing their car in for an appraisal need to sell quickly because they need the money. The person’s options may be limited, so the dealer is looking to get a good used car for a cheap price that they can turn around and resell for several thousand dollars more. Next, most people are not car experts, so dealers can find reasons to lower the value of the car. They’ll point out every ding or scratch on the car, state that it needs tires or maintenance, and then tell you those are the reasons for the low offer. This is why you should know your car’s value before starting this process so that you don’t fall for these lowball offers.
Option #4: Sell Your Car Privately
This option has been around forever, and the Internet has made it even easier to list your car for sale privately. You can put your car online for thousands of potential buyers to see it with the click of a few buttons. Sites like AutoTrader are dedicated entirely to selling cars, and they allow private parties to list their car for sale so that others can easily find it. You can get great exposure for your car going this route, but it also has a few cons as well.
First, you’re competing with the local dealers on sites like AutoTrader because the dealers also list their cars for sale on there as well. While you might be able to offer a slightly lower price than the dealer, there is a lot they can offer buyers as well. Most dealers can offer financing and even a warranty, and they take care of all the paperwork. Some buyers do not want to buy from a private seller because it is too much trouble. Scheduling a test drive, drafting a bill of sale, and completing the other paperwork can be a big hassle when dealing with an individual seller. Plus, if they’re not done correctly, the Department of Motor Vehicles will not issue a license plate or registration to the new owner.
The exchange of funds in a private sale can also present a challenge. Most people will need financing, so they’ll need to schedule time with a lender to complete the closing of the sale. Even if they have the money, they’ll have to get a cashier’s check from their bank to bring when they buy the car. This all adds up to more time and hassle, and some prospective buyers simply think the extra work required is not worth the slightly better pricing they may get.
Option #5: Word Of Mouth
This is another tried and true method for selling a vehicle. Word of mouth has been around forever, and it can be used when selling a used car. Simply tell all your friends and family about your vehicle. They begin to tell their friends, and word of the car starts to spread. If they know someone who is in the market for a vehicle, then the seller and potential buyer can get connected and work out a deal.
The problem with word of mouth is that it can often take forever – if it works at all. Word of mouth is limited in its reach, so it is very possible that none of your friends know anyone looking to buy a car. If word doesn’t spread to someone who needs a car, then there will be no sales transaction that takes place. When you need to sell quickly, this is probably not the right method for you. If a sale does occur, it can sometimes lead to awkward situations in the future if the car has any problems.
Let’s say you sell your car to a friend of a friend, and then the car breaks down two weeks later. The new owner might become irritated because they think you should have known about the problem. This puts your friend in an awkward situation, and it usually does not end up well for anyone involved. This is why it’s usually best to avoid selling to friends and family because you never know how things will turn out. Plus, many people might expect to get a discounted price on the vehicle using word of mouth. You might think, “What is my truck worth,” and realize that the buyer is wanting the friend discount. You could be leaving money on the table if you do this.
Option #6: List Your Car On Craigslist
You’re probably thinking, “I’ll just sell my car online through Craigslist.” This seems to be the go-to method for many people when they need to sell anything nowadays – and this includes car sales! Some people even sell their car for parts through the site. Craigslist can be a great way to find buyers, but it can also be a huge headache to deal with. Finding serious buyers on the site can sometimes be difficult as many people browse listings just to see what’s out there. There are a lot of “virtual” tire kickers on the site who have no real intentions of buying a car. They’ll often contact people with ridiculous offers way lower than the asking price just hoping that they can get an amazing deal.
In addition to people wasting your time, there are unfortunately a lot of scams on Craigslist too. If you suspect that anything seems weird about a possible buyer, then you should avoid the situation. People should not pay you with a check for more than the amount of the car, and then ask for the difference back in cash. You should also not meet people alone or in desolate areas for safety reasons. If you are selling your car this way, make sure that you take the necessary precautions to protect yourself and your finances.
Car buying has changed a lot in recent years, and people now have many more options available for car selling. Before deciding on which method is best for your situation, you should get your car ready to sell and do your research so that you know how much it’s worth. Carefully think through your situation and determine which route you should go. Things like the amount of time you have to sell, whether you’re getting a new car, and your familiarity with navigating DMV forms and paperwork all can play a role in that decision. If you want a quick and easy process with the best price, then Auto Wranglers is the way to go. You can get an instant offer within minutes and have your car sold within a day or two. Give us a call today to get started.
What is the best site to sell a car?
The best site to sell a car is Auto Wranglers. We’ll make you an instant cash offer on your vehicle and complete the deal within a day or two regardless of what condition your car is in. We can often even buy your car without a title! We serve the entire United States, so give us a call today no matter where you are located!
How do I offer potential buyers a test drive?
You’ll want to meet potential buyers in a safe location, and gather some information before they leave for a test drive. Get a photo of their driver’s license and note your license plate number. Also, make sure that you have spoken to your insurance company and confirmed coverage in case the person gets into an accident while conducting the test drive.
How can I sell my car quickly?
Maybe you need to get out from under a car loan by selling your car, so we understand the need to sell quickly in some cases. You can find a local dealership like CarMax who will buy your car right away or use an online car buyer like Auto Wranglers. Our entire process only takes a day or two, so you’ll get your cash fast!
What are the benefits of selling privately?
Selling a car to a private party can have some benefits including a higher price and less hassle than the big dealerships. Of course, there are drawbacks too. It can be a big hassle to complete the deal, especially if a lender is involved. You could skip all that hassle and just use Auto Wranglers instead.