How To Sell Your Used Car | 4 Basic Steps

How To Sell Your Used Car | 4 Basic Steps


– [Narrator] Need to sell your used car but feeling overwhelmed by the idea. Try breaking it down into
these four basic steps and it won’t seem so complicated. Step one. Prep. Get your paperwork in order making sure you have the title, bill of sale, and a small check, if
necessary in your state. Clean your car inside and out. This is a simple thing that can make a huge difference in sale price. Take great pictures. Remember, you’re competing against all the other cars for sale out there. Take photos of the
outside from a few angles, and some clear shots of the inside. Make sure they’re not blurry,
too dark, or too light. Step two. Price. Use online resources to figure out the fair market value of your car. Enter your vehicle’s information
and take into account any repairs that are needed. Now you know how much to ask
for when placing your ads. Step three. Placement. Place your add online. You can list on multiple sites if you can afford to pay multiple fees. Craigslist and Facebook
Marketplace are free, however. Choose which ad package
fits you and your budget. Some include extra
photos, CarFax profiles, longer run times, and more. A great tip is to add the
story of why you’re selling the car or what the car has meant to you. Buying and selling cars can
be an emotional process. People connect with a good story. Step four. People. Now it’s time to meet potential buyers. Best to meet in a public place. Like a bank during the day
and have a friend with you. Check the potential buyers
license to make sure it matches the person in front of you. Prepare to answer any tough questions about needed repairs or issues. You should be honest. It’s ethical and since you’ve priced and described the car
fairly and accurately, it shouldn’t be a surprise to the buyer. The buyer might ask for an independent mechanic’s inspection. That’s a reasonable request
if you can accommodate it. But the buyer should pay for it. If interested buyers want
to take a test drive, be sure you go along with them. Found a final buyer? Congratulations. Accept only cash or a cashier’s check from a known local bank. To be extra cautious,
get cash from the buyer at your bank and deposit it right away. Make sure you and the buyer fill out the relevant paperwork,
including a bill of sale. You can get a template for a bill of sale on the vehicle licensing office website. And you’re done. When you break the process down into prep, price, placement and people, it’s not so overwhelming after all. Good luck. (bright music)