All posts tagged selling car online

According to a 2014 publication by CNBC, the used car market is worth 41.5 million dollars per year and continues to ride a wave of popularity as more and more motorists shy away from the depreciation and expense accrued with a new vehicle purchase. If you have a used vehicle you’d like to sell online, here are some tips for commanding top dollar.

Be Honest and Up Front

There’s no point in trying to deceive potential buyers with an overly optimistic advertisement. If there are small cosmetic defects or you’ve had to replace the parking brake a few times, say so. List all of your vehicle’s good points, of course, but don’t fail to list any issues or problems.

Disclose the Status of the Title

The Vehicle Identification Number (VIN) and title are listed on the National Motor Vehicle Title Information System and will include information about rebuilds, accidents and ownership changes. If your title is ‘clean,’ advertise this as a selling point. If there is a rebuilt branding on the title, disclose it and talk about the quality work that was done to restore the vehicle. If someone questions your vehicle history, direct to a source like Instavin that will check vehicle history and title reports. Honesty is your best policy.

Clean It Up

Nobody wants to purchase a vehicle that smells like an ashtray or has dubious stains all over the upholstery. Either pay to have your vehicle scrubbed out well and detailed or do it yourself to save some money and net a higher sale price. Polish all the glass, vacuum and shampoo the upholstery and carpets and air out the car to remove any lingering smells. If the upholstery is stained beyond repair, consider reupholstering the seats or purchasing seat covers that will sell with the car.

Have It Inspected

If you live in a state that requires yearly inspection and your inspection was done not long ago, you may be able to skip this step. If your inspection was six months ago or longer or you live in a state that doesn’t require it, have one performed by a certified mechanic. This lets potential buyers know that you are offering a dependable and safe vehicle for sale.

Don’t Leap at the First Offer

Online sales can happen very quickly. While this is great if you need the cash right away, it may behoove you to wait and speak to several potential buyers. Letting the advertisement sit for a day or two before selling to the highest offer could potentially net your hundreds more than you anticipated.

Selling your vehicle online can be a great way to unload a car or truck you no longer need. By following these tips, you can make your vehicle attractive to potential buyers and sell it in good faith.