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5 factors one should consider for an accurate old car valuation process to gain maximum benefit during second hand car valuation process
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Car Valuation - Maximum Selling Price for Used Vehicles in Cars Selling a used car may seem like a daunting task for someone who is new at it. It involves careful planning and organization. But in order to gain maximum benefit one has to keep in mind various factors while they sell cars. The first thing that the seller has to do is carry out a proper car valuation. You can sell used car to car dealers or even opt for the online mode for a more direct approach, but for either of the options the valuation of the used car is a necessary first step. Here are 5 factors one should consider for an accurate old car valuation process- First Impression is the last impression- This holds true in every case. The outward appearance of your car is what the potential buyer will see in the ads which will make them approach you. So it is of utmost importance that you give special attention to its appearance to gain maximum benefit during second hand car valuation process. Repair any existing flaws- Any problems that aren’t fixed in advance of a sale may scare buyers away. Its best to get it professionally inspected. However it doesn't make sense to pay thousands to fix them, unless you know your car's resale value will drop by more than the cost of the repairs if you don't do them. If you have a limited budget, prioritize the services and repairs that would stand out most to buyers. Any scratches and dents that may be present should be repaired prior to sale. Pay attention to interior- People always like to opt for cleaner cars which have been well maintained. Any flaws like dirty carpets, torn seat covers, dirt, stained seats and broken car parts are a huge turn off and a complete no-no for the customer. It is very important for you to convince your potential buyer that the car has been well cared for even if it is old. Detailers help make the car look new again by removing light scratches and paint imperfections, buffing the car, shampooing the carpets, degreasing the engine, and more. Proper inspection- It is best to take your car to a garage for a state safety inspection to make sure that the basics like tires, lights and brakes are in good condition. Ask them to top up all the fluids and ensure that all maintenance lights are off and the tires inflated properly. Additional modifications- You should always try and top up your car with additional gizmos which may have crossed your mind before. Installation of these can lure customers to buy the used car for which they might have had to pay a larger sum had it been a new car. Needless to say the cost of installation should not exceed the price that you are to receive. Make sure you have all your records in place- If you can show buyers all your maintenance and service records that will go a long way towards giving them peace of mind. Also it’s best to clear any legal records before you sell used car. Good marketing strategy- You should take good pictures of your car from every possible angle for proper viewing of the potential buyer. Write four or five sentences describing the year, make, model, mileage, condition, features and any unique history that buyers will either want to know or will find out anyway. Make sure you advertise it in as many
public forums as possible. Also the price should be kept in such a way that it isn’t too high to scare off the client or too low to not be beneficial to you. Always be open to negotiation. Also it is best to respond to your client as soon as possible because most buyers are looking at dozens of cars at the same time and in most cases the first seller to return the call gets the sale.