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Strategies to follow when trying to sell your used car

Strategies to follow when trying to sell your used car

If you are reading this, you must be interested in selling your used car or at least giving it some serious thought. The used car market in North America has grown by leaps and bounds, and you can seize this opportunity to turn a profit.

If you stick with these strategies, you should be able to come out on top, so be sure to follow these tips carefully.

Getting the proper documentation to sell your used car

There are some documents you will need to prepare before you can put your used car for sale.

Do you have the original registration and lien release from the lender who financed the purchase?

The registration will need to be signed over to the new owner when you receive payment. The buyer will require an official bill of sale.

Prior to the buyer actually handing over the payment, show them the lien release, so they know there are no liens registered against the vehicle. The prospective buyer may run a CarFax report on the vehicle. Still, showing these documents upfront show, you are being transparent.

Is the vehicle in a roadworthy condition? If the car was left sitting for quite some time or has not been in to the shop in quite some time, bring it over to your local repair shop and have the mechanic look it over.

If there are any repairs that need to be performed, have the work done. No one wants to buy a car that they cannot drive; by ensuring the car is safe to drive on the road, you can ask for a higher price.

Ideal places to put your used car advertisement

If you did a simple search on Google for places to list your used car for sale, you would have pages upon pages of websites to choose from.

Instead of spending a massive amount of time posting on platforms that may not reach your target audience.

Examples of platforms you should post your used car advertisements include AutoTrader.ca and Kijiji Autos.

These platforms attract a large base of buyers and sellers every month; these visitors are in the millions, so the chances of your advertisement reaching your targeted audience are much higher than if you used another platform.

A faster and more efficient way to sell your used car for cash

There is a more efficient and faster way to sell your used car for cash. Instead of trying to do everything on your own, you can bring the used car over to your local dealership.

The dealership will do an appraisal on your car to determine what it is worth based on the condition and current market prices.

Once the dealership has determined the price they are willing to pay, you will have to choose whether to accept the offer or decline it.

While you are under no obligation to accept their offer, you should since you bypass all of the hassles that come with selling a used car on your own and can walk away with cash in hand immediately.

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