Guide to Selling Your Car

March 11, 2015, 2:58 p.m. Willie L 0 Comments

<p><img src="" alt="" width="425" height="282" /></p> <p>&nbsp;</p> <p>Selling an unwanted car or commercial vehicle privately doesn&rsquo;t have to be complicated. With a little research and organization, you can simplify the process and get the most profit possible.</p> <p>Use this simple Guide to Selling Your Car to help you along the way.</p> <h2>Step 1: Determine the Vehicle&rsquo;s Worth</h2> <p>Sometimes the decision to sell a vehicle privately comes down to the amount of profit you&rsquo;ll gain through the transaction.</p> <p>Before you can decide whether or not the process will be worth the effort, you&rsquo;ll need to find out exactly how much your car is worth.</p> <p><br />If your car isn&rsquo;t worth as much as you thought, you may want to consider it for trade-in value at a dealership instead.</p> <h2>Step 2: Gather the Paperwork</h2> <p>If you wait to do this step toward the end of the process, you find yourself scrambling for all the necessary documents. A better approach is to gather everything you&rsquo;ll need to finalize the transaction once you&rsquo;ve decided to sell your car or truck privately.</p> <p><a href="" target="_blank" rel="noopener">NZTA</a> has its own requirements for required paperwork when selling a car; as a general guide, be prepared to have:</p> <ul> <li>The car ownership.</li> <li>You&rsquo;ll need to transfer the ownership and pass it over to the new owner.</li> </ul> <p>W.O.F and maintenance records (Keeping up with scheduled maintenance can increase the value and reliability of your vehicle).</p> <ul> <li>Warranty documents, if the car is still under the manufacturer&rsquo;s warranty or an extended warranty, you&rsquo;ll want to have these documents ready to provide to the new owner.</li> <li>Where is as is basis, if there are no warranties, make it clear that the potential owner will assume all responsibility for repairs and damages once the vehicle is sold.</li> </ul> <h2>Step 3: Get the Car Ready</h2> <p>A tidy vehicle will be more attractive to potential buyers, and give the impression that the car or truck has been properly cared for.</p> <p>Before you take pictures of the vehicle or list it online, you&rsquo;ll need to detail the interior and exterior of the vehicle. If you decide to do this yourself, be sure to:</p> <p>Wash and wax the exterior of the vehicle.<br />Clean the rims and tires.<br />Replace or wash old floor mats.<br />Vacuum the floor, seats, and trunk.<br />Clean the ashtrays.<br />Wash the windows inside and out.</p> <h2>Step 4: Take Pictures</h2> <p>Once the car is clean and detailed, you&rsquo;ll want to take plenty of best photos. This will aid in your efforts to advertise the vehicle and attract potential buyers.</p> <p>Be sure to take multiple shots from different angles and choose the best of your selection when you create your ad. A few shots you&rsquo;ll want to be sure to include are:</p> <p><strong>The exterior:</strong></p> <ul> <li>Front.</li> <li>Rear.</li> <li>Both sides.</li> </ul> <p><strong>The interior:</strong></p> <ul> <li>Front and back seats.</li> <li>Trunk.</li> <li>Dashboard.</li> <li>Wheels.</li> <li>Engine.</li> </ul> <h2>Step 5: Find a Place to Advertise</h2> <p>To advertise your vehicle properly, you&rsquo;ll need to find an online classified service where potential buyers will be shopping.</p> <p>There are plenty of options out there, so we&rsquo;ve provided a guide to advertising your vehicle to get you started.</p> <h2>Step 6: Create an Ad</h2> <p>Creating a good ad is a must to attract car buyers, and it starts with knowing the details of your vehicle inside and out.</p> <p>Since a detailed description will leave a good first impression and help you attract more buyers, you&rsquo;ll want to make sure it&rsquo;s as accurate as possible.</p> <p>Be sure to include the following information at a minimum:</p> <ul> <li>Asking price.</li> <li>Be sure to include buy now price, or a quick sale.</li> <li>Mileage.</li> <li>Overall mechanical condition of the vehicle.</li> <li>Any history of accidents or damage.</li> <li>Modifications or upgrades that have been made.</li> <li>Registration number.</li> <li>This will help the buyer order a vehicle history report for the vehicle from <a href="" target="_blank" rel="noopener">CarJam</a>.</li> <li>Number of owners.</li> </ul> <h2>Step 7: Negotiate the Sale Price</h2> <p>When you negotiate, it&rsquo;s a good idea to have a starting price that&rsquo;s higher than what you&rsquo;re willing to accept. Also have a dollar amount in mind that&rsquo;s your lowest acceptable price and stick to it.</p> <h2>Step 8: Finalize the Sale</h2> <p>Once a sale has been agreed upon, you&rsquo;ll need to finalize all the paperwork. If you accept a cashier&rsquo;s check, go with the buyer to his or her bank to get your money. When payment has been completed, you&rsquo;ll need to:</p> <ul> <li>Notify NZTA of the car sale .</li> <li>Provide warranty documents, if applicable.</li> <li>Provide copies of maintenance records.</li> <li>Include any additional transfer paperwork NZTA may require.</li> <li>Hand over the keys!</li> <li>Don&rsquo;t forget to remove your vehicle from your insurance policy.</li> </ul>


Be the first one to comment!