Selling up. If you haven’t sold cars before, there’s a good chance you’re feeling somewhat perplexed. Still, this doesn’t have to be so tricky. And, by considering the following key points, you may be able to avoid making some of the most common mistakes. After all, you shouldn’t have to be left in a bad situation, and the following tips can help.
7 Common Selling Mistakes To Avoid.
Before you sell, take some time to double check that you haven’t made any of the following common mistakes. It might just be the difference between getting the sale and not.
- Hiding issues. Many buyers will notice issues, be it in advance – by running a car check – or when viewing. As such, hiding issues can make you seem dishonest and is likely to put buyers off. Even if they aren’t dissuaded, they may use this to push you down on price. Being honest at the outset is always a better policy – and could save you from being sued for mis selling, too.
- Don’t over/underprice your car. Overpricing is a pretty obvious mistake. However, many people assume that underpricing will get a quick sale. This can sometimes be true. That said, if you go too low, you’ll give the impression that you’re a scammer. This could actually put people off, while leaving you with less in your pocket at the end of the day.
- Don’t forget to clean the car. First impressions count for everything. So, always make sure your car is spotless before listing it and for viewings.
- Spending too much on repairs. Repairing your car might make it more appealing to buyers. However, you could end up spending out more on repair work than you’ll get back. Always balance this carefully to decide if a repair is worthwhile.
- Not screening buyers first. Not all buyers are genuine. Some may just be time wasters, while others could even have fraudulent means in mind. For example, it’s not unknown for people to view the car in order to plan how they could steal it. Even worse, they could even use this as a chance to scout out your home for entry points. So, don’t chance this; always screen buyers carefully to keep yourself and your property safe.
- Not having your documents. During the transfer, having all of your documents ready to go can make the process much smoother.
- Cancelling your insurance. If you’re selling and not likely to use the car again, cancelling your insurance might seem tempting. However, this could leave you in a risky position if your car was damaged or stolen in the interim. It’s generally not worth the risk.
The most important part of selling a car is to be genuine. Any issues the car has should be laid out honestly; after all, if you were buying a car, you would want the seller to be honest and transparent. Leaving a good impression helps in selling the car, as the buyer will feel confident that the seller is trustworthy, which reflects positively on the car itself.
Final Thoughts
If you’ve been looking to sell your car, don’t fall into today’s common traps. It’s undoubtedly easy to do, of course, but this could leave you in a tricky position – and potentially even put people off the sale. As a result, it’s crucial to keep today’s mistakes in mind to help protect your sale.