Are you planning on selling your vehicle? In this post by AMSOIL: Olson Marketing in Lincoln, NE, we’ll cover the basics on how to best go about it while also closing a great deal for both you and your buyer.
Perform Basic Vehicle Maintenance
In preparation for selling your vehicle, it’s essential to do some basic maintenance to ensure it’s in the best shape possible for selling. Some of the maintenance you can do yourself, and some it’s best to take your vehicle to a mechanic. If you’ve kept up with a regular maintenance routine, it’s probable that your car is in good shape and that you’ll only have to go through a few points to get it up to selling standards. Basic maintenance includes:
- Washing and waxing your car.
- Fixing minor scratches on the paint.
- Replace any burnt headlights.
- Change the oil and oil filter.
It’s also possible to sell your car as is, but keep in mind that the better shape your vehicle is in, the best price you’ll get for it.
Protect your car’s value by keeping up with its maintenance. For the best products for your engine,visit AMSOIL’s online store or call Olson Marketing at (402) 310-6414 for information from their oil experts on what products would be best for your vehicle.
Have Your Vehicle’s Papers in Order
Another essential step in selling your car is putting all of your car’s paperwork together. Some of the necessary paperwork for the sale of your vehicle are the ownership papers, your car’s maintenance history report, and the bill of sale. Before starting the process, you must have all these documents; once you find the right buyer, the deal will go through without any issues.
Set a Price
Next up, it’s time to set a price for your vehicle. Pricing your vehicle is a mixture of its market value and its condition. For guidance, look online at cars similar to yours and see how they’re priced. You can also consult the Kelley Blue Book, which shows baseline values for each car’s make and model. These two things can help you decide your selling price and give you an idea of how much you’re willing to negotiate with your potential buyers.
Decide Where to Sell Your Vehicle
Once you have all your vehicle’s paperwork in order and you’ve landed on a price, it’s time to decide where to sell it. One option is to go through an online platform like Autotraders, eBay Motors, or Craigslist. Like with any other transaction online, be careful not to exchange money or personal information before you’re sure about the buyer. Another option is to go through a salesperson who will negotiate on your behalf with potential buyers. Or, if you’re planning to upgrade your vehicle, it’s also possible to sell it at the dealership as a trade-in for your new ride. Each option will have pros and cons, so it’s a good idea to do your research before and make an informed decision.
A good car maintenance history makes all the difference when selling your vehicle. Let the experts at Olson Marketing in Lincoln, NE, advise you on the best products to keep your vehicle in top shape. Call them at (402) 310-6414, or visit their online store to see their full range of products.
Meet Potential Buyers
The next step in selling your car is meeting with potential buyers. Meeting with them will help you gauge their interest and see if they’re the right buyer for your vehicle. In this part of the process, it’s essential to keep safety in mind. Your best option is to meet them at a neutral and public place where you’re both comfortable. At this meeting, it’s customary for the potential buyer to take the car for a test drive. If you feel comfortable, accompany them on a test drive. You can also let them take the car for a drive themselves, but it’s important to take a picture of their license before they take your vehicle. If you decide to accompany them or not, it’s important to listen to your gut and only let them drive it if you’re comfortable with it.
Close the Sale
Lastly, you’ll need to draw up the appropriate paperwork to close the sale. This paperwork usually includes a bill of sale and a release of liability. If you’ve made any other deals with the buyer, include them in the sale agreement. Once everything is signed and you exchange money, the deal will be done.