What is the best way to sell your car
When it comes to selling your car, you’ll find that there are a variety of ways to do so. It can be easy to become overwhelmed by the options available as they each have their own benefits and drawbacks.
Choosing the best car selling option for you is dependent on factors such as if you need to sell quickly, want to get as much as possible or want to handle the process yourself. Selling privately and part exchanging are some of the more common ways of selling your vehicle and you can also choose to sell to a dealership and at an auction.
Selling Privately
While it’s not hard to see why you might want to sell your car privately, there are aspects of the process that need to be taken into consideration before doing it. It's a tried and true method that gives you complete control in setting the price, vetting prospective buyers and being able to sell from the comfort of your home. Because it’s all up to you, it’s your responsibility to make sure that you have the correct documentation, ensuring the vehicle is fully serviced and passed its most recent MOT.
This selling method can be incredibly time-consuming as you’ll be dealing with prospective buyers who might want to haggle over the price, as well as time-wasters looking for a cheap deal. In today’s age, selling privately doesn’t have the convenience you might be looking for if you already have a busy schedule.
Part exchanging
This selling method is a popular choice for a variety of reasons, the main one being that it allows you to receive a better deal on your next car. If you’re unfamiliar, part exchanging means using your current vehicle as partial payment towards your next one, then paying the difference.
You’ll need to apply for a vehicle valuation from a car dealership of your choice, the initial quotes tend to be instant and you’ll be under no obligation to continue the process. Part exchanging your car is a great option if you’re in need of a new vehicle as soon as possible, you get to combine the car buying and selling processes in one smooth transaction.
Depending on who you decide to part exchange your vehicle with, they may also be able to settle any outstanding finance payments.
Selling to a dealership
Similar to part exchanging, selling to a dealership is one of the more hassle-free ways of selling your car. Depending on the dealership, you should be able to apply for a vehicle valuation on their website or over the phone. A team of their valuation specialists will provide you with a free, no-obligation quote for you to consider.
In most cases, if you decide to proceed, the dealership will take care of the necessary paperwork. With a dealership, you may also get the flexibility to have your car collected from your home if you live far from their main location. This can mean that you might have to pay an additional collection fee.
Dealerships may also be able to settle any outstanding finance payments, however, this varies from dealership to dealership.
Selling at an auction
An auction is probably one of the least common ways to sell your car nowadays. This method is potentially the most expensive selling option as you’ll need to pay a fee to enter your vehicle into the auction. If your vehicle doesn’t sell the first time around then you’ll have to pay to re-enter your car, you’ll also have to factor in the various commission fees once your car is sold as this will be deducted from the overall selling price.
You’ll need to ensure that your vehicle is in its best possible condition and keep in mind that the majority of buyers at auctions tend to be used car dealers. This means that it’s important to keep in mind that your vehicle may not sell at your ideal price as used car dealers will be wanting to buy cars at a good price for them. However, if you’re in need of selling your car as soon as possible then auctions might be worth considering.
At Complete Car Buyers, we hope that you’re now more familiar with the ways that you can sell your car. The decision is up to you so make sure that you do your research to ensure that you choose the option that’s right for you.
We provide a fast and convenient way of selling your car in Essex that can result in payment on the same day. To start the process, you can enter your vehicle’s reg number here, then one of our team will be in touch to arrange your vehicle inspection appointment.