You've had the same vehicle for a while. You dream of getting into another one for a change. You'll have the choice between selling yours or giving it away and getting a new one.
What you need to know!
Whether you want to sell or trade, the following criteria will always be considered:
● Exterior appearance: this plays a flashy role, regardless of the type of vehicle. If the exterior is not attractive, the rest will be a problem, the rest will be a problem. Take care of the paint, aren't there rusty parts showing? Look at your windshield for cracks. Also the headlights, make sure they are not fogged or burned, check everything down to the smallest detail. These little snags will lower the value of your vehicle.
- the age of the vehicle and the mileage: the buyer always bases on the age of the vehicle and also the kilometers registered on the odometer. With this, he can easily determine the wear and tear of the vehicle. Sometimes the activity that the car has done with these previous owners will be points to note to check the wear and tear, this is very common for commercial vehicles and recreational vehicles.
- The mechanics: a benevolent buyer, always look under the hood, even if the vehicle starts. The older the vehicle, the more parts that need to be changed. Already plan the necessary repairs to facilitate the resale of your vehicle. Don't forget to have the engine cleaned for oil stains, especially if it is a diesel or gasoline vehicle.
- The vehicle's papers: make sure they are in order to facilitate transactions.
- The price: if you have met the previous conditions, set a price that meets your expectations, but be careful make comparisons before.
Whether your vehicle is given in exchange or not, these points will be price in consideration except the price, on which unfortunately, you will not have the last word. But come prepared to your dealership, so you don't get screwed.
The challenge of selling used vehicles:
The resale of your vehicle will depend mostly on its condition, make and model. What kind of vehicle do you have in your garage?
● Vintage vehicles: Suppose you have a very rare model, resale will not be a problem. Rare models sell for much more than you think. People who buy these old models are driven by passion and nostalgia. You can resell for more money as long as you are very patient to wait for the right buyer.
● Classic Used Vehicles: The first look is at its exterior and mileage. How many miles has your vehicle had after it was first put on the road? How old is it? Have you ever had a mechanical overhaul or mechanical modifications? Has your vehicle ever been in an accident? All of these criteria should be considered if you intend to sell your vehicle. In addition, a certificate of inspection will be requested if your vehicle has not been driven for 2 years. The buyer will probably ask to have the vehicle inspected before taking possession of it. These points will determine the price of the vehicle. Some vehicles depreciate over the years and are difficult to sell. However, some makes remain consistent even after a few years on the road and sell easily.
The Harsh Reality of Selling Between Individuals
If you are planning to sell your vehicle, regardless of the type, you need to consider the irritants related to this project:
- Advertising: You will have to advertise your vehicle on several sites in order to reach the most potential buyers. Some sites are paid or you have all the free sites in the world. Before you advertise the vehicle, as mentioned above, you will need to price it by doing comparable.
- Manage: Your posting is going to generate emails, texts and calls that you're going to have to manage. Sometimes it becomes almost a full-time job, especially if you don't want to let your vehicle go under the price you set.
- Test Drive: Once you've responded to a number of people, there will come a time when people will want to come and test drive the vehicle, which is completely legitimate. Then you'll have to spend time on it because it's not always the first visit that results in a sale.
- Selling: You've finally found your buyer, great! Now you need to proceed with the transaction. It is possible that your buyer does not have the full amount, know that there are companies that offer financing for a purchase between individuals. You will have to go together to the SAAQ to transfer the vehicle. Make sure you have all the information you need beforehand.
There is no right or wrong way to do it, it all depends on the time you have and the energy you want to put into it. The goal is to come out ahead in the transaction and finally get your new vehicle.