Are you ready to sell your car and want to make sure you get every penny possible from the transaction? These five easy steps can help you get your old car out of your driveway and into the hands of its new owner. The first steps are focused on getting top dollar for your car, and the last are focused on safety and the legal side of completing a car sale.
- Repairs: Do some math to determine whether you will get more for your car by fixing problems or by selling the car as it is for a slightly lower price. Check the car's resale value before you do anything, and discuss the repair costs with your Atlanta-area mechanic. If you have an older car and don't expect to get a lot for it anyway, you might do better to sell the car as is rather than invest in expensive repairs.
- Detailing: Don't underestimate the value of a car with a nice visual appeal. Take the time to clean your car inside and out, and don't forget the trunk. Vacuum and, if necessary, invest in getting the upholstery cleaned. Touch up paint chips if they are small, and get your car washed and waxed so it really shines.
- Get the word out: People can't buy your car if they don't know it's for sale, so let as many people as possible know what you have and how much you are asking for it. You can post it on your social media accounts, put up signs on local bulletin boards, and advertise online.
- Don't forget safety: Meet buyers at a safe location, ideally at a place where the transaction can be completed, or at least where some official documentation can be recorded if the potential buyer likes your car. Get everything in writing, and also disclose in writing any problems you know of. It might cost you a few dollars from the sale price, but it can save you trouble and expense in the long run.
- Take care of the legalities: Do not relinquish the car's title until you have received the payment you've agreed upon. Make sure everything on the title is signed and that it is registered in the buyer's name before you remove the car from your insurance. This is super important because if the car is in your name and something happens, you can still be held liable even though you sold the car. Documentation is key in completing a car sale.
When you sell your car, it can be a win-win situation for both you and the person who buys it. Whether you are buying a new car and don't want to trade in your old one or you simply don't want your old car anymore, these tips will help you glide through the transaction with ease.