Selling a car may look like a simple process but it is not. It is a stressful process that can exhaust sellers if they are not prepared and often intimidates them to sell the car for the lower price. Even though some people choose to sell the car at a lower price than actual value to relieve the stress, but few simple steps can help you get the better price.

Keeping the Documents

How do you prove that you have taken a good care of your car and your car is well-maintained? By providing receipts of the record of oil changes, service, new parts and other mechanical work and replacements. But you can only do this if you have kept the documents with you. So it is important to keep these receipts with you and gather them into a file before selling. Keeping all documentation about insurance and any claims is also a good practice.

Detail Your Car

Having your car detailed right before listing it for sale can significantly increase the chances of finding a good buyer. Spend some money on wash and polish to make the car look good in pictures. A clean and detailed car can easily attract buyers. Make sure to clean both exterior and interior before presenting the car to the buyer.

Professional Inspection

This is another great way to impress your buyer. If your vehicle is already out of warranty period but it is still in a great condition, it is better to ask for a professional inspection and get a certificate. If you show a buyer that you have your car checked for everything from brakes to lighting system, it will help you negotiate a better deal.

Ask for the Right Price

While getting an inspection, it is also a wise idea to get an evaluation of the price and current value of the car. If possible, ask for the price value from more than one dealer. During the negotiations, ask for the slightly higher price to provide some space for negotiation. In most cases, you can get a better price for selling the car privately instead of car dealers.

Finalizing the Sale

When finalizing payment, payment through cash is always better than cash. It is not only unsafe but a large cash transaction also raises questions about the source of money. Make sure to keep the vehicle with you unless you have the cash transferred to your account. Make sure you have complete information about the buyer including phone contact and residential address especially if the buyer is insisting on cash payment.

About Author

Rachel Al Mughairi

About Author

With over 34 years in the international insurance industry in a variety of senior management roles, and as holder of the Diploma in Insurance from the Chartered Insurance Institute, Rachel surely knows her insurance! With experience in London, continental Europe and the Middle East, Rachel is here to share her knowledge and help you understand more about insurance products in this easy-to-understand series of videos and blogs.