How To Sell Your Car
Selling your car can be a daunting process. We all want to get the most money for our car, but aren't always sure where to start. The first step is always to know your options. In the age of the internet, there are many routes you can take when selling your vehicle. Dealer trade-ins and private buyers are everywhere, and it is important to do your research before you rush into a sale and get sellers remorse.
Who Will Buy My Car?
Potential buyers are everywhere. They each have their own benefits and drawbacks. Some options for selling your car include dealer trade-ins, private buyers, car buying services, and auto auctions. Finding which route is best for you requires some research.
Some options may pay more, but can come with more paperwork and headaches. Conversely, some options may help with the overall process, but can payout less in the long run. We always recommend doing personal research and making sure you understand all of your options.
How Can I Find the Value of My Vehicle?
The internet is full of car valuation tools. Most of these sites intake your car's make model and mileage. From there you can add any damage, or accident history. These tools will take in millions of data points to analyze the current used car market to give you an estimate on how much your car might be worth. It is always important to remember to be as honest as possible in your assessment, to get a more accurate value. These tools only know what you tell them. To avoid disappointment when it comes time to negotiate, be honest.
Is There an Ideal Time Of Year to Sell My Car?
Car values are always changing seasonally. It isn't as simple as having a "best" time of year to sell though. Spring and summer time often are more busy in car sales, because of tax season and consumers having more disposable income. It also depends on the type of car you are looking to sell. Late fall/early winter might be a good time to sell a truck or SUV because people are looking for AWD vehicles that perform better in wintery conditions.
Gas prices can sometimes change seasonally as well, and this is something to keep in mind. If you are living in a time where gas prices are higher than normal, a more fuel efficient vehicle might be in higher demand.
What Paperwork Will I Need When I Am Ready to Sell?
Paperwork requirements vary on a state by state basis. We recommend checking your state's requirements before you show up to the transfer. Some common pieces of paperwork include the vehicle title, bill of sale, maintenance records and a release of liability. Always do you research and make sure you have as much of this as possible to make the process go as smoothly as possible.
Can I Sell a Car On Behalf of Someone Else?
Yes, you can sell a car on someone else's behalf as long as you have their authorization to do so. This authorization can be in the form of a power of attorney or a written agreement signed by the car owner. It is important to make sure that you have the legal authority to sell the car and that you follow all the necessary steps required by your local laws and regulations.
Before selling the car, you should also make sure that you have all the necessary documents, such as the car's title, registration, and any maintenance records. It is also important to accurately represent the car's condition and disclose any known issues to potential buyers.
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