'Tips' to sell used cars for the best price

You want to sell your old car to get more money for a new one. So is there a way to sell the car quickly and get a good price? Check out some tips below.

Sell ​​your car yourself

In many cases, consigning and selling a car through a dealership can be more expensive than posting it yourself on an open forum. Of course, if you want to sell your car yourself, you will have to spend more time waiting for a buyer.

Selling a car through a dealer can cost you tens or even hundreds of millions of dong.

Selling a car through a dealer will get you an agreed price right away, no questions asked. But selling a car through a dealer can cost you tens or even hundreds of millions of dong. The reason is that dealers always offer a price lower than the real value of the car, then make a profit from selling that car.

On the contrary, when you post your used car for sale yourself, with just time and patience, you will get the full amount of money that is exactly or almost the real value of the car.

Select where to sell

Everyone is quite familiar with the forms of selling used cars such as posting ads on a website or a newspaper. This is considered one of the most effective forms of self-selling cars today. In fact, there are many website options that help sellers post car sales ads.

Deciding which site to use will largely depend on how you want to sell your car. If you want to list on a high-traffic site and are willing to pay a fee for it, then a paid listing is the most effective option. However, there are also free classifieds sites for those who don’t want to pay for advertising, but it will take longer to sell your car.

“Understand” your car

Once someone is interested in the car, they will contact you. As a car salesman, you will definitely get a lot of questions from the customer, and you should make sure you are able to answer all of them. Even if you are not a technical expert, at least find out what engine the car has, how many gears it has, what kind of fuel it has, what safety features it has, and how big the trunk is.

Understand your car's specifications so that when customers ask, you can answer accurately to create trust.

Pay attention to the mileage and any repairs that may be needed. Tires and other worn parts are common causes of a car’s loss of value. Do your research and decide whether it’s worth paying for maintenance before selling to get a better price or just sell for less.

Standard pricing

Once you have assessed the value of your car, you should set a reasonable price. Of course, everyone wants to sell their car for the highest possible price, but setting a price that is appropriate for the condition of the car is extremely important. Experienced car consultants say that if the price is too high, no one will look at the car, and if the price is too low, you will not make any profit.

To price your car properly, do some research to see how much similar cars in similar condition and mileage are priced on websites. Next, pay attention to the features and options of the car. If the car doesn’t have many good features, the price will definitely be low. If the car is equipped with many modern features and specifications, the price may be different. Do your math well to sell your car quickly and at a high price.

Prepare vehicle documents carefully

Once you have advertised your car for sale (with lots of pictures), interested buyers will start contacting you. However, before you sell your car, make sure you have all the paperwork ready. You will need proof that you legally own the car, a bill of sale for the buyer (this will prove to the insurance company that you no longer own the car), and a valid vehicle registration. If you have any questions about the vehicle paperwork, contact the registration office to get all the paperwork before meeting with the customer.

Word of mouth advertising

There are many ways to advertise your car such as: online advertising, flyers... and an equally effective way is "word of mouth".

Share information about your car for sale with your friends, neighbors... the news will spread very quickly.

Share information about your car for sale with your friends, neighbors… the news will spread very quickly. The advantage of this form of advertising is that it builds better trust in customers. Suppose if you listen to an introduction from a relative, you will certainly feel more confident and secure.

According to VNN