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Important Tips for Selling a Car Privately in Ontario

Important Tips for Selling a Car Privately in Ontario

If you are seriously thinking about selling a car privately in Ontario, there are some important things you need to bear in mind.

 

The pandemic has caused a massive spike in the overall demand for used cars; prices have never been higher, but you should never lower your guard, or you could end up getting ripped off.

 

Places to avoid advertising your used car for sale

 

A common mistake that first-time used car sellers make is putting their used car up for sale on Facebook Marketplace.

 

The people who actively use marketplaces on a regular basis are not looking to buy cars per se; they are just looking for a deal.

 

Most of the people who make offers to buy a car they found on the marketplace will make lowball offers; these offers are nothing more than a waste of your time.

 

You will encounter people asking you all sorts of questions but do not have any real intent on buying the vehicle.

 

These marketplaces are also filled with scammers that will try and rip you off, so save yourself the headache and skip these social media platforms.

 

A popular platform you could put your used car up for sale is AutoTrader; it attracts a large number of visitors every month who are actively looking to buy cars.

 

Do you have the right documentation for selling a car privately in Ontario?

 

There are some key documents that you must have ready when selling your used car.

 

The car's service records are not mandatory, but it will go a long way when trying to get top dollar for your vehicle.

 

Potential buyers are looking for reasons to come in with a low offer; if you cannot provide the service record, buyers could say the vehicle is not properly maintained even though you know it is in good shape.

 

Do your level best to get the service record for the vehicle; it will make all the difference when you are trying to negotiate the selling price of the used car.

 

Another equally important document you will need is the lien release the lender sent when you made the final payment on the car.

 

Without the lien release, prospective buyers will not make a firm offer on your vehicle, so this is a document you absolutely need.

 

The fastest way to sell your used car

 

If you are looking for a hack when trying to sell your used car, the fastest way to sell your used car is to have someone else sell it, namely your local car dealership.

 

Bring your used car to a local dealership; they will appraise it to figure out what it is worth in its current condition, then make an all-cash offer to buy it from you.

 

If you accept the offer, you get paid right away and do not have to bother with any of the hassles that come with trying to sell the used car on your own.

 

Now that you know what is involved in selling a used car, why not drive down to the local dealership today and let them do all of the heavy lifting.

 

If you’re looking to sell your car in Ontario, we’d love to buy it for a great price! Simply fill in the form below and we’ll get back to you ASAP! 

 

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