There are a number of used car guides. Autotrader used a Glass's valuation and charged £3.50 or Parkers have a free check using their own data. These provide an average valuation of your car and therefore the price displayed may differ significantly. Search the Autotrader website or other classified listings for similar vehicles advertised and gauge a price you think is suitable. Remember prices will vary depending on age, mileage, condition, options and even colour. If there are obvious flaws to the car, you need to take these into account when setting a price, and make deductions if necessary. Also remember it is unlikely you will get the full asking price of your car as they buyer is likely to want to negotiate on the price.
Preparing your Car
Presentation is everything. Prospective buyers will be more likely to express interest in buying it if the car is in an attractive condition. A clean car that looks well looked after has more chance of selling, and selling for a higher price. Preparing your car for a sale by cleaning it inside and out. This is a good time to repair any dents, scratches, missing trim, broken lights and scuffed alloys. How much you spend depends on the car. If it is a newer higher value car its worth spending more than an older car where the the odd stone chip or scratch is expected and you are less likely to see a return on your spend. Put all invoices, expired MOTs, registration documents, manuals and everything to do with the car, in a wallet or folder which demonstrates your pride in the vehicle.
Advertising your Car
Advertising your car for a private sale is often relatively cheap. For example, you can choose to advertise in a publication such as Auto Trader, Exchange & Mart, Ebay Motors or your local newspaper. There are also many well viewed websites and publications which allow you to advertise your car free such as Gumtree, Loot and Pistonheads. If you own a specialist or classic car, try the owners club forum or magazine publications.
Writing a good advert is key to attracting prospective buyers. If your advert doesn't sell your car enough, prospective buyers won't want to even view it and the phone wont ring. It important to include all the relevant information that a prospective buyer needs to know in a clear and concise manner. Make sure that you include all of your car details including the model, colour, mileage, manufacturer and the year. Really try to sell your car, list any optional extras and details about the cars service history, tax and MOT. Take a good clear photo both inside and out to attach to your advert to help with the sale.
Part Exchanging Your Car
When you part exchange your car, the car dealer will offer you an agreed price for your car as part payment of a new car from them. Make sure you know what your car is worth before you start negotiating. Most of the time, the price offered by the dealer will be less than you can achieve by selling your car privately. Still give the car a clean and remember to take the cars registration document, MOT certificate and service history and all sets of keys to get the best value for your car. The advantage of the part exchange option is it is hassle free and means you don't have to worry about the sale of your car and the time and risks involved with of selling your car privately.
Selling your Car
Cut Price Motoring user Feedback
George from London comments: You don't want to sell your car privately only to find you need a car to get about, especially to go and view new cars to buy. What I done put a deposit on a car at the dealer and we agreed I would pick it up in 2 weeks time. That gave me 2 weeks to sell my car otherwise I would have to part exchange it for the dealer (stealer) at a pre agreed price.
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