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How to Sell Your Used Car and Get a Good Price for It

Topic: General Self HelpPublished September 15, 2011

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So you want to sell your used car because you are upgrading your car model and you don’t have space for your old car. Besides you need the amount you would get from selling it as down payment for your new car. The easiest way to sell your used car is to see a car dealer and trade it in for the new car of your choice. This is only practical when your car is not more than three years old. You will definitely get a good trade in price for your car. However, you need to get a good price for your car that you have been using for more than three years now. If you want to get a good price for your used car, then the best choice for you is to sell it privately. Here are some practical tips on how you can sell your used car at a good price:
  • Maximize all media outlets in advertising your sale. Media advertisement used to be print and broadcast only. Now, most people are browsing the web when they are shopping for cars. Get your car listed in some free online used car selling portal like MonsterAuto and Autocatch.
  • Take advantage of the power of social media sites. Apart from listing your car for sale in some know online selling sites, you must also harness the potential of social media sites like Facebook, Twitter and YouTube.
  • Ready your Vehicle History Report so that your possible clients will not have doubts on the past and present condition of your car. Usually buyers would want to be assured that the car’s odometer wasn’t reset, flooded or junked. Or at least the buyer knows about any significant event on your car so that you can negotiate the price.
  • Expect to clinch a deal with the price less than what you are asking for your used car. Thus, in selling your car, you must come up with an ideal price where you will sell the car at a better price than what any dealer will offer.
  • Make sure that your car is “well dressed up” for the sale. This is very important because appearance could command a good price. A friend of mine sold his used Toyota Edmonton at a very good price because he spent money rejuvenating his six-year-old Corolla.
  • If possible, spend some amount for detailing and engine wash. Apply excellent waxing to let it have a shiny new look and see to it that the interiors are vacuumed clean. Check that all lights are functioning and the dashboard gauges are working. Put additional accessories that would enhance the appearance of your car.
  • Be a good negotiator. Come up with documents to prove the market value of your car so that you can dispute the buyer’s intention to lower the price of your car.
  • Be aware that scratch, stain, and small dints are just normal and expected for a used car so it cannot be used as bargaining leverage, unless it is very significant and affects the appearance of the car for sale.
If you follow these tips, you are assured of getting a very good deal for your used car and definitely, attain a good price for it.

Article author

About the Author

Gateway Toyota is a well-established Toyota Edmonton dealership located in Edmonton, Alberta. They sell and lease new Toyota vehicles, procure financing and set up vehicle loans. They provide warranty, maintenance and repair services, and sell new Toyota parts. In additio Gateway Toyota has one of the largest used vehicle departments among Alberta Toyota Dealers and a special finance department to assist with the re-establishment of credit.

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