Selling your car – advice from CP Plus
Most drivers take a great deal of care when purchasing a new car, so as to ensure that they get a good model at a great price. However, if you don’t manage to sell your old car for a decent price, your new one may not seem like such a bargain. With a little attention and forethought though, you can sell your car for a reasonable amount. Here, CP Plus provides you with some tips on how to do this.
Firstly, you’ll need to determine how much you should sell the vehicle for. To do this, look in motoring magazines and on the internet for price guides. Then compare the results from this with the price checks of cars being sold in the local classifieds. Be realistic when pricing your car, and be aware that you’re unlikely to make as much in the sale as a professional car dealer might.
You’ll also need to clean the vehicle thoroughly, both inside and out. Remove any personal belongings and rubbish from the interior; from those bits and bobs under the seats and in the boot, to the paperwork and other items in the glove compartment. Polish all of the chrome work on the car, and use a paintwork enhancer to give the bodywork a better shine.
When advertising, experts from CP Plus say that you should be positive, honest and simple. Try to avoid over-selling the car by using terms such as ‘an unbelievable deal’ and ‘must-buy’. As much as possible, stick to the facts, and include the time remaining on the MOT, engine size, mileage, age, colour and model.
Carrying out a small amount of light maintenance is a good idea, as this will make the car seem better cared for. Top up things like the windscreen wash, coolant, oil and brake fluid and replace any damaged wiper blades, worn tyres, and blown bulbs. You might also want to repair some small dents and touch up scratches. In terms of paperwork, having a reasonable amount of time left on the road tax and MOT will make the car more valuable and therefore easier to sell. You’ll also need to have an up-date logbook, the registration and identification details for the car ready, as well as a history of any motoring offences and previous repairs.
CP Plus says that most prospective buyers will want to test drive the car. Before allowing this, check that they have the insurance to do so (either their own or yours). Although it may seem obvious, never allow them to take a drive on their own, as they may simply disappear with the car! Lastly, once a deal has been struck, write out a receipt which bears the signatures of everyone involved, the registration details and the date of the sale.