When it comes to selling your car, the road is hard and paved with complicated procedures. It’s important to make the right decisions when it comes to things like the method of sale and price. Once you find the right buyer you also have to take steps to ensure the transfer goes smoothly.
Here are a few things to consider & pointers that will help make the process easier.
1. Choose the right method of sale
There are primarily two ways that people choose to sell cars. One is through a car dealer or independently with online classified ads.
A number of car dealerships in the UAE deal with pre-owned cars. The big advantage of this option is it saves you a lot of hassle. You can take your car to a dealership, have it evaluated, get a quote, and get paid all in the same day. Of course, the price you get maybe a little less than what you’d get if you choose to sell privately.
Selling it independently with online classified ads may fetch you a more handsome price. However, you’re responsible for everything from clicking pictures, putting up the ad, vetting the buyer, and the whole transfer process.
2. Estimate your car’s value accurately
Before you set a selling price for your car, do your research to understand your vehicle’s value. Look for car models on sale in conditions closest to yours online or ask local dealers for their opinions. Take time to understand the market.
Be realistic with your expectations. When evaluating your car consider the manufacturing year, kilometers driven, type of fuel. Has your car been in an accident? Is it a budget car or a luxury car?
Deciding on a final price is all about finding the sweet spot where it’s high enough to fetch you a profit but not too high to dissuade buyers.
3. Get your paperwork & documentation in order
To ensure a smooth sale process, get all your paperwork in place well beforehand, ideally before putting the car on the market. Make a checklist of everything you might need - insurance documents, registration, proof of ownership, and keep it all in one place. This way you aren’t scrambling to find important documents when you find a buyer. Being prepared makes sure that there are no hiccups in the transfer process.
4. Get your car serviced & inspected
To get the best price for your car, it's a good idea to get your car serviced. Things like oil change, replenishing fluids if they’ve gotten low, getting your tires rotated, and checking your battery life should be taken care of. It adds to your credibility as a seller and also makes sure your car impresses when taken out for test drives by prospective buyers.
5. Make a good first impression with your car
Spending a few extra bucks to get your car professionally cleaned and washed may seem frivolous, but it can help fetch a better price. Getting any scratches or dents buffed can also be helpful. First impressions are important when it comes to selling your car. It can help you close the deal quicker.
Selling your car is not easy, it helps to take it one step at a time. If you’re looking for some help or don’t have time to go through the hassle of selling your car yourself, Cars24 can help. Hope this helps and happy selling!