How to sell your used car for best price

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2. How to sell your used car for best price • Are you planning to sell your used car? And wondering how to get the best deal?Today we will share different ways to sell your car and get the best prices.But before we step ahead, it is essential to know that when you sell a used car, few things matter and should be taken into consideration. First is the maximized money that you want to get but it is not always the top priority for all. Few other things also matter.

3. Sale Price • Convenience • Safety and Security • Documentation and Ownership transfer • How fast you can get money from the buyer • Speed of car delivery There are six things which you should look at when you sell your old car. Sometimes people sell their vehicle to get money, so the speed of transaction matters. Sometimes you wait for the right buyer who can take care of your once owned possession. Sometimes you are not in a hurry and can wait to maximize your sale price.

4. Methods To Sell Your Car • There is no one best way to sell you a car. In some cases, you avail the maximum amount when you sell the vehicle directly to the end-user. But in other cases, you have to sell the car to the dealers who can offer you the best prices. You can sell cars online or give it in an exchange offer.

5. 1. Selling Car in Exchange Offer • When you plan to buy a new car, you can give the old car in an exchange offer. Your old car is first valued, and then the amount is deducted from the price of the new vehicle. You just have to pay the balance amount.The other addition to the exchange offer is- "exchange Bonus" which most of the dealerships offer. In Exchange Bonus, your car's net price increases. However, this exchange bonus is not always available, and it also depends on which new vehicle you are buying.

6. ​2. Selling a Used Car To Local Dealers​ • The other option to sell your old car is to sell to local dealers in your city. Dealers are someone who buys an old car, gets the minor repairs done, cleans it thoroughly and then sells it to another potential buyer who is looking to buy a second-hand car. The business intention of the dealer is to maximize the cut from the deal.There are two types of dealerships – Big dealerships which are owned by brands, and others are small scale car dealers. You can sell the car to any dealer; the price you get from a dealer is much better than the showroom's exchange bonus.

7. When Should You Sell Your Used Car To The Dealer? • You can get a good deal from dealers itself. They might not tell you the real worth of your car since it is the business for them, but what they can offer is a speedy transaction. Selling used cars to the dealer could turn out to be a great option, especially if your car is working but have scratches and dents from outside. In this case, the dealer can paint it, service it, make it look like a new car and then sell it off to the end-user at a reasonable price. 

8. Benefits Of Selling A Car To The Dealer • Good deal than exchange offers (without considering exchange bonus) • It's convenient. All you need to do is take your car to them; they will inspect and give you an estimate. If you're fine with the deal, you can sell your car in a few hours. • It is an excellent option if you own a car which is popular because it becomes effortless for dealers to sell it to new customers. • Generally, dealers give you the option of both cash payment and bank transfer. • Keep room for negotiation. Make sure to quote 50% higher than what you expect.

9. Important Points To Note • Do not rush when choosing the dealer. Take your time and enquire about 2-3 dealers. • Always take the sale invoice of the car ad to enquire about the ownership transfer process. • Never try to fool the dealer by boasting about the features of your car. Remember, inspecting, buying and selling is their full-time job. They can figure out the condition of the vehicle just by looking at it. • Do negotiate with the dealer to get a fair deal.

10. In Summary • If you know what you want and what should be the cost of your car, you are halfway there. Both dealers and private sellers have their pros and cons. However, it is advisable to get your car cost evaluated by 2-3 professionals to know what you can expect from your car.

11. Book an appointment • If you want the Lowest Price Guarantee on any vehicle in Ottawa, Kingston, North Bay and Cornwall. You've come to the right place. Get in touch with us via phone - 888-241-6512.