Steps To Be Taken When Selling Your Used Vehicle:
February 22, 2008
Steps To Be Taken When Selling Your Used Vehicle:
Part 1 of 7
Selling your used vehicle is no different, then when your out trying to buy a used vehicle.Now you’re the “Sellerâ€, rather the “Buyerâ€. There are several steps you should be aware of before you decide to sell your used vehicle. When you apply these simple steps, it will provide you with the best return on your investment. Being prepared as a seller and acting like a seller will determine the best possible results for your efforts in selling your used vehicle. Lets cover the most important steps you need to do as a seller.
Reviewing Your Vehicle:
Have a very close look at the condition of your vehicle. Have a look at all the mechanical work it will need to pass a valid safety inspection. These means having a certified technician look over your vehicle completely. This will also help you determine the price of what you will charge for your vehicle. If your vehicle needs any paint work, do it before you put it up for sale. The last step in getting your vehicle read for sale is having your vehicle clean up at a "Professional Detail Shop". These simple step adds hundreds of dollars to the values of your vehicle. One that most people take a short cut on. Bad and serious mistake. Other areas that will help you also determine what your vehicle is worth in the open market are as follows.
-Year, Make, Model and Mileage
-Are you the original owner, had since it was brand new.
-Do you have a file with all of the service records on your vehicle. -Do you have any Extended Warranties or Factory Warranty left on your vehicle. To found if there is any coverage left on your vehicle, just call the dealer that sells your Make and Model. You will need to speak to the service department, all they need from you is your (VIN). -
-Go on-line Whats My Vehicle Worth and find vehicles like or similar to yours and from there you will be able to determine what other vehicles like yours are selling for. The last thing you will want to do is price your vehicle to high, where you don’t get any calls on your vehicle. So by checking and seeing what other vehicles sell for, will provide you with a "True Market Value" for your vehicle.
-Another very important factor to keep in mind, when determining the “Asking Priceâ€, always leave some room to haggle used car buyers will negotiate with you.
The final section of this “Crucial Step†in determine the asking price of your vehicle is founding out all of the money you have spent in making your vehicle sellable. Take all of your mechanical work, paint and body work if any and the cost of the detailing done to your vehicle. You will need to add all of this to the selling price. I will have the next step on selling your vehicle as soon as l write it.
I hope this information, will help you, if and when your in the marketing of selling your used vehicle.
Comments (4)
Joseph Botelho15
Working on one project at a time.
Hi Arthur,
I could not agree with you more l have an understand of some of Europes Conformation with vehicles and how some of their standards need to be revised according to each country from my years of shipping vehicles over seas. I have always though that it was nothing but another way for the GOVERMENT to take a chunk of the pie........
Trust me we both know how they think, and if there is an opportunitit for them to make some additional money to off set of their Enternment Cost, why
Arthur Webster7
Just plain honesty
Hi, Joseph,
I agree that the emmissions control is a vital aspect of car ownership.
As I said, my van has to be tested every six months - maybe a test once a year isn't enough?
It may be a tough law but here, in Spain, where the testers are not allowed to do the work, if any is needed, it isn't generating cash for anybody. It's probably a net cost for the governement.
Joseph Botelho15
Working on one project at a time.
Hello Arthur,
You do have some good concerns here regarding polution, and having your old van in good running condition is in no need to spend good money in the exchange program in the end it will always cost you an arm and a leg. Here where l live (Ontario) we have some really tough standards on Emission, each year the vehicle has to have it's emissions check to make sure they meet the manufactures standards. This is a good in away making sure all vehicles are tune up to the best it can be
Arthur Webster7
Just plain honesty
Hi, Joseph,
No doubt this information will be useful to some people but I often wonder at the sense (or lack of it) in constantly changing your vehicle.
Two of the biggest poluters on earth are the motor car and the factories that produce them - but why do we need so many?
I have only ever owned one brand new vehicle and it was an absolute nightmare. Since then I have always bought re-conditioned from a service station.
The van I drive now (the dog box) was seven years old when I bou