Sedans, which are great family cars with typically good fuel efficiency, are generally in high demand year-round. Convertibles and high-performance cars see best sales in summer months. It might be difficult for you to sell one of these in fall or winter. Trucks and vans sell very competitively, as these are useful work vehicles. You should not underestimate the value of these. Collectible cars can take a long time for you to find the right buyer for an acceptable price. [2] X Research source
Title: you will need to sign the title, showing that you acknowledge the transfer of ownership, and give this document to the new owner after the sale. Maintenance records: these will show you have been diligent in the upkeep of your car, and will increase it’s value. If you have misplaced your maintenance records, the shop where your car was serviced will likely have these on file. Bill of sale: this document specifies the terms and conditions of the sale, and in the event of a dispute, can release you from certain legal obligations related to liability. Release of liability: without this form, you could be held accountable for damages or accidents that occur before the vehicle is registered under the new owner. Warranty documents: these documents should be given to the new owner upon sale of the car (if it is still covered by a warranty), as these transfer to the new owner with the sale of the vehicle. As-is documentation: especially if there are no warranties, you’ll want it to be outlined clearly that any responsibility for repair or damage once the vehicle is sold is that of the new owner. This can be included in the bill of sale. [4] X Research source
A pre-sale inspection means that you won’t have any nasty surprises if a potential buyer spots something wrong with the vehicle. You’ll be able to contest possibly false claims made by buyers who want to unethically drive the price of the sale down. Potential buyers will know you are serious about the fair sale of the car, improving trust and putting them at ease. [6] X Research source
Kelly Blue Book car value calculator:http://www. kbb. com/whats-my-car-worth/ National Appraisal Guide car value calculator:http://www. nadaguides. com/ Autotrader car value calculator:http://www. autotrader. com/car-values/[7] X Research source
Don’t forget about using social media to your advantage. You never know when a relative, friend, or friend of a friend will be in need of new transportation. You can also look into peer-to-peer car selling websites. These will each have particular conditions that you’ll have to look into before deciding on whether or not this is the right venue, but sites like Beepi, Carvana, and Zipflip could connect you with the next owner of your car. [10] X Research source
A dealership might knock off as much as $800 for a “new windshield,” as this might be the factory cost, whereas your insurance might cover most, if not all, of the cost of this repair. [16] X Research source
Most people expect to haggle a bit when buying a car privately. This being the case, you may only want to highball your asking price the amount that you are willing to be haggled down.
Car mileage The condition of your vehicle A history of accidents or damage Modifications or upgrades Recent repairs VIN (vehicle identification number) Number of owners.
If you feel uncomfortable at any point with an individual, do not hesitate to cancel the sale or come up with an excuse for not selling. Something as simple as, “I’m sorry, another buyer offered a better price,” can save you from being hassled. [28] X Research source Be sure you offer your full name when screening and ask for the full name of the potential buyer. Indicate in your communications the methods of payment you find acceptable.
Before offering a test drive, make sure your insurance covers other drivers. Try not to let yourself be outnumbered while in the car by a buyer and his or her friends. Have your pre-sale inspection information at the ready, so that if the buyer asks to take the car to a mechanic before agreeing to the sale, you already have the information ready.
Complete the bill of sale. Sign over the title Fill out the Release of Liability Submit necessary forms to your state DMV Provide warranty documents Provide copies of maintenance records. [34] X Research source [35] X Research source
Some states do not require you to remove the license plates for your vehicle after completing the sale. [36] X Research source
