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The Do's and Don'ts of Selling a Car in Canada

The Do's and Don'ts of Selling a Car in Canada

If you are interested in selling your car in Canada while prices are so high, there are some important dos and don’ts that need to be followed.

 

Preparing your documents

 

There is a used sales kit that you will need to download from the Government of Ontario, privately selling your car in Canada cannot be done without this kit.

 

If you follow this kit, you should have no paperwork issues when it comes time to sign the registration over to the new buyer.

 

While on the subject of paperwork, you will need to get the lien release that was issued by the lender when you paid off your car loan. Without the lien release, you will have a hard time finding a willing buyer.

 

Don’t advertise on social media

 

You may be tempted to post your used car for sale on social media. This is a common mistake that is made by first-time used car sellers.

 

Social media attracts scammers from all over the world. These individuals can harvest information about you from your social media profile and then take your used car advertisement.

 

What the scammers do is using your used car advertisement is change the contact information, eventually an interested buyer will want to make an offer. The scammer is going to ask the buyer for a deposit, the buyer sends the deposit and when the buyer comes to pick up the car at your house, the drama will unfold!

 

You should never put your personal contact information on any websites, instead use communication medium provided by online platforms like Auto Trader.

 

Make your used car ad stand out

 

This is arguably the most important step, and when done properly you will get a substantial number of offers. Start by taking some photos of the interior and exterior of your car.

 

We should mention, that before you start taking pictures, you should have your car detailed. Who wants to buy a dirty car? If your vehicle is dirty, prospective buyers will skip the advertisement completely!

 

Along with having pictures, consider making videos of the car running. These videos will show prospective buyers that you are taking this seriously.

 

Getting a fair price for your used car

 

Pricing is always a challenge, if you are not sure what to quote for your vehicle, you could visit your local car dealership and have them perform an appraisal.

 

This will let you know what the car is worth, if you don’t feel like dealing with the headaches that come with selling a used car, you could sell it to the dealership. The dealership will gladly buy the car and pay you cash for it.

 

If you followed these dos and don’ts, you will be able to sell your used car and get cash in hand. Just remember that used car prices are on the rise but the market should change without warning, so now would be an ideal time to reach out to the dealership today.

 

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