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Step 1: Clean the big things first. The first step in getting the most money out of your car is remembering that virtually no one wants your mementos. Big or small. Even those who buy an oldie of a work truck want their battle scarred warrior to look as new as possible. It comes down to this. If you clean it, they will pay. If not, they will gripe. Start with the inside. You may have some work ahead of you! And when we say the inside… we also mean the glovebox, trunk, door panels, and any other crevice where you may store your stuff. Even the ashtray if your ride still has one. Even the area under the carpet of the trunk. All those papers, bags, leftover food wrappers, refuse from another era, and 'personal stuff' need to be out pronto. Nobody wants them. Not even your pet. Start with the big things inside and work your way down to the smallest of crumbs. Step 2: Clean the small things second, and look through everything twice. Once your hands fail, use a vacuum. Remember to remove the floormats while you clean the interior of the car. Now check those floormats for a quick second. Are they still intact with perhaps a few random stains? Or has your shoe or boot created a gaping hole? If you created a hole, or just wore it out after all these years, you're in luck! A good looking set of floormats is usually only around $25 to $35. Buy em'. Even the chintziest of professional car dealers will invest in floormats sot that they can realize a retail price. Once you finished vacuuming the car , use a stain remover and an interior detail cleaner. Make sure to read the instructions so that you avoid using anything that may stick or stain. One big word of caution here. If it has bleach, don't use it. Ever. Go to an automotive forum that specializes in your model if you want to read up before you buy. Step 3: You don't use bumper stickers on your car now… do you?
Nothing says 'crappy old car' quite like a large assortment of bumper stickers on the rear. If you have one or two, go forth and buy a can of Goof Off for all your past pearls of wisdom. If the car is afflicted with the bumper sticker virus, then just let it be. Schmuck! Step 4: Wash first. Wax later if needed. Some folks want to invest in a cheap $5 car wash, and let that be that. Others consider an afternoon cleaning their motorized chariot as a great way to spend their free time. Figure out the type of person you are and go from there. If the car has large dull patches where the wax has completely worn off, you need to wax it. You have two choices. Do it yourself. Or hire a professional. Most owners are better off opting for the second choice if they haven't done it themselves in a long, long time. Don't rely on online reviews. Instead, go to the place yourself first and judge whether you would be satisfied with the finished product. Some mobile detailers are good at what they do. However I would strongly encourage you to ask people you know before going that route. Step 5: Gather the paperwork. Go ahead and bring them all together. If you are missing a few, call the places where you had your work done and see if they can print you another copy. Collect all your maintenance records and sort them in chronological order. You now have a good story to tell. Step 6: Nutjobs get the most money The people who get the most money for their ride are usually those who have been the most manic about maintenance, upkeep, and the car in general. Become one. Consider the stark differences between the answer to the following question, "When was the last time you got the oil changed?" Seller 1: "Six months ago." Seller 2: "I always changed it every six months or 5,000 miles. It takes 3.6 quarts of Mobil 1 and an AC Delco filter. I use a 12mm to remove the oil drain plug and I never, ever go to those Quickie Lube places. This is my car and I do it myself." Now keep in mind seller two said quite a bit. The first two sentences are fine. But when it comes to selling and car, details offer more assurance than anything. The more you can provide. The more you will get. Step 7: Common cars often sell better locally. Rare car + not old = Ebay As a local car dealer, Craigslist and Autotrader have been my bread and butter for a long time. This is in addition to several online communities that specialize in a particular brand, along with sites that focus squarely on the local community. Most of those sites have a 'city'.com or 'county'.com format. However you may get surprising dividends by posting your car at a bulletin board at a school, your local community center, or your place of worship. Please make sure they know you before you just show up. Otherwise you may wind up chased, shot, asked to play racquetball, or proselytized. One other thing. This may be a good time to use Facebook. You may also want to inform your older friends or relatives who haven't quite yet embraced the latest social websites. You would be surpsied how many cars sell thanks to a 'friend of a friend'. Step 8: When advertising your car, close ups and good stories are better than distance photos and cliches. Craigslist allows 8 pictures. Ebay provides slots for 24 photos if you use their template. Autotrader has a variety of offerings with their 9 picture / 4 week deal being the most common one. My advice is to get at least five close-ups along with three distance shots if you plan on selling via Craigslist. Three good distance shots: Front , side view, and rear. Three close-up interior shots: One dashboard view from behind the driver seat. One close-up of the driver seat. One well kept part of the car in sound cosmetic shape (dashboard wood, door panel, shifter, etc). Two close-up exterior photos: Close up of front grille, tire/alloy wheel, driver door, emblem or similar item that is unique to that car. As for words… tell them everything and make your ad genuine. Don't read other ads because 90+% of them stink to high heaven with the same gibberish terms. Tell your story and sound like yourself. Click here to view the embedded video. Step 9: Meeting and greeting Some folks are comfortable having a stranger on their driveway. Others only like to meet in popular places where video cameras are plentiful. Figure out which scenario works best for you. Along with that, remember you are selling the vehicle AS/IS. This means that once they pay for it, done. You have no responsibility other than providing them with a clear title and the keys. As for those keys, don't have them out once you meet them. Figure out first if you may have a good reason NOT to give them the keys. Always ask for a Drivers License once they ask to drive your car, and make sure the key chain you give them only has keys to the car… not your home or business. Click here to view the embedded video. Step 10: Payment and paperwork So they want to buy it? Congrats! Now cover your bases. There are a LOT of scam artists out there. You want to use an AS/IS contract like this one and ask for the buyer's drivers license so that you can fill out the information correctly on the bill of sale and title. Sometimes addresses are not current. So you should ask if they still live at that address as well. When it comes time for you to fill the bill of sale out, make sure you are the only one filling it out. In fact, it's usually best off to have everything done beforehand with the exception of the buyer's information. You don't want an unauthorized alteration to be done with the contract after the fact. If you are not comfortable handling large sums of cash, or want to have a certified check verified, the bank is always the best place to do it. Sometimes the banks are closed though. If that happens, have someone with you and/or go to a place that has a video camera to monitor activities. The local diner or chain restaurant will usually have a video camera up and running. Payment Note: Don't take personal checks. Don't take money orders, and don't take certified checks from banks that either you have never heard of or those that are out of state. Cash and certified checks from familiar in-state institutions are usually fine. Every certified check should have some type of watermark or unusual labeling to ward off counterfeiters. If you don't see it or just feel uneasy, ask if they can meet you at the bank to verify the check, and offer them a refundable deposit to hold the car until that meeting. Once the vehicle is paid for take care of the back of the title. Have them sign the title as the buyer in your presence, and make sure you sign off on the title as well. Curbstoners will usually not sign the title as the buyer and then try to sell the car by pretending to be you. You don't want that. I hope you enjoy what will hopefully be a four figure return over the trade-in value. But if all this sounds like a pain, that's fine too. You now have extra incentive to keep that daily driver until it's worth more dead than alive. All the best! from The Truth About Cars http://www.thetruthaboutcars.com | |||
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Friday, September 14, 2012
How To Sell Your Car
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ReplyDeleteYour article is very detailed and it helped me to understand the whole process. Last month i was in Dubai and had to sell my car on urgent bases. I Google it and found a website sellanycar who purchased cars online. I send them my car details and guess what? they purchased my cars in just 30 minutes. They handeld all the documenations and send me the cash right away. But while transaction and car valuation i keep your tips in mind and it helped me alot to understand the important notes.
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