Selling Your Car Case Study: 5 Things That Can Go Wrong When Selling Your Car

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Having a desire of selling your car with ease and not face any troubles after?

Then check out this in-depth analysis that shows you exactly things that can go wrong when selling your car and how to avoid them.

1. Forums where you will list your car for sale.

The majority of first-time car sellers end up having their cars paraded in wrong forums, and they end up not selling them, or if at all they sell them, then it would have taken them a lot of time.

Best online forums will always ensure you always get a ready group of interested and very informed potential buyers.

The mistake of getting your car advertised in wrong forums will always lead to the car meeting the wrong and uninformed group of individuals who don’t even know the value of your car.

On the other hand, the online enthusiast will always understand the value of your car.

Most legit forums where you can sell your used car include websites such as AutoTrader.com and eBay Classifieds. The eBay classifieds are free while the others are not.

The technology world has made it easy for connecting people using the various social media platforms such as Facebook and Twitter.

Through these platforms, you can always get legit groups where you can place your ad, and you can also let you circle know that you are selling the car.

You can also ask your friends and your contacts to help in spreading the word. You will be surprised on how fast your car will sell.

2. Informing friends and relatives that you are selling your car.

Well, this is one of the places where most of the people selling cars go wrong.

The car you might be selling might be the pride of your family and your friends. There may be various history that the car might be holding you and your friends.

I mean, it is part of their lives.

Most of the people selling cars end up selling them without informing their friends or families.

This is however very wrong.

You have to prepare them psychologically that you are selling the car and let them understand the reasons why you have decided to sell the car.

Ensure they understand and even support your decision on selling the car no matter how hard it might always be.

Telling your friends that you are selling the car might be a marketing strategy itself. You would be surprised with how many people often sell their cars to their friends and relatives.

The truth is that among the circle of friends that you always have or the individuals you have in your family, there is always one of them who is always attracted to your car.

He/she might turn out to be the potential buyer. It’s therefore always wrong not to tell your friends that you are selling your car.

If at all you have kids, always understand that they are vulnerable. Tell them politely on your plans and always assure them of your plans of getting a better car if at all you have the plan.

3. Honesty when selling your car.

It is always wrong to feed the possible buyers wrong information of the car you are selling.

Most of the people give wrong information to clients because they fear that the correct information might reduce the value of your car.

However, you will always need to give out the correct information during the sale to avoid having troubles and frequent follow ups from the buyer.

Giving out the clear information and being honest with the buyer will cultivate up to a mutual understanding between the buyer and you as the seller.

The worst mistake you can ever make when selling your car is pretending that it is 100-point show queen.

The simple psychology will always tell the buyer that you are lying and worst enough when they see little weaknesses such as the rusts or scratches.

No matter how hard it will always appear to be, always give out various information about the car that could not have fitted the ad.

Be free and open to the potential buyer.

Give information on whether the car had been repainted previously, if it had any major or minor accidents before, if they leak any oil, if the car needs an alignment, if you have experienced any intermittent or long term faults and if the car has ever undergone a major repair work.

Always learn that honesty is the best approach.

This might be challenging since it will send many of the buyers down the road but you have to worry not because the credibility you would have made with the few potential buyers will always make them prefer you over the other private sellers.

4. Legalities of selling your car.

When selling cars majority of the car sellers prefer shortcuts when selling the car.

This is very wrong since the shortcuts will always lead having problems with the administration. Sellers have always been selling their cars without following the right process.

May private car sellers are never accompanied with the proper documents when they need to sell their cars. The variety of records that you will always need when selling your car will depend on the state you are coming from.

In an area like San Diego, you will need the California Certificate of Title and a smog certification if your car is more than four years old. Once you are ready to complete the transaction with the buyer, you will need to provide a bill of sale.

A bill of sale may not be very complicated, but it must always contain basic information such as name and address of the seller, buyer’s name and the addresses, vehicles identification number and the descriptions of the vehicle that is being sold, the odometer mileage reading, scales amount and the actual date of transaction.

After you have received the payment and you are certified that it is in your account, ensure you complete the area on the back side of the certificate of title to transfer the title to the new buyer of the car.

The customer will require the certificate of title and the bill of sale to transfer the title to their names.

These documents are always vital, and it would be wrong to omit them when making a sale of your ride.

5. Cutting the cord and removing yourself emotionally from the car.

Most of the people are attached to the vehicles they own.

According to a survey, 70% of the car owners usually feel somehow attached to their cars. Parting ways with your car are always the hardest thing that a person can always encounter. It would be hard if you had most of the historic moments with the car.

However, it is always wrong to always show how attached you are to the car once you have sold it. You have to admit that it is no longer your property.

Once you have already sold the car, you should cease from disturbing the buyers by asking them frequent questions about the car and how it is faring on.

You should also avoid making the buyers promise to send you the pictures of the vehicle often instead you can have an album where you can keep the pictures of the car.

Asking for pictures will always piss them off.

Once you are done with sobbing and drinking the pain of selling your adorable ride, it is advisable to remove yourself emotionally from the car.

This should be done before you meet the buyer and most probably when you have made up your mind that you are putting it up for sell. Through this, you will sell your car faster, and you will get a better price for it.

The best way to remove yourself emotionally from the car is by pretending that it’s no longer yours immediately from the time you have put a “For Sale” sign in the window.

A reminder of the ‘dos’ and the ‘don’ts’ when selling your car.

  • When you have a ready buyer, you should ask them their details as proof of their identity. If they are unwilling, always tell them to sign the seller’s contact.
  • Don’t hand over any paper work until full payment of the car you are selling is done. After you have sold the car, call the DVLA and tell them that you are no longer the owner of the car.
  • Give the car to the car buyer only after the money is on your account even if it means waiting for a few days for the cash to be released. If its cash, ensure you count the money. Always take your time to count the cash after selling your car and ensure it’s the correct amount before completing and signing the deal.

With these few tips, I hope you are now well equipped to sell your car without having necessary things going wrong and encountering problems during your sale. I hope I have saved the day. Enjoy!

 

 

 

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