The 4 Worst Ways to Sell Your Car
When the time comes to sell your current car, it’s only natural that you’d be interested in exactly what’s the best way to sell it? In today’s world, there are so many different options for selling your car that it can make finding the best solution quite difficult. No matter if you need to get rid of your car as quickly as possible or if you’re looking for top dollar for your vehicle – there are a number of car selling mistakes that can cost you money and create unnecessary hassle.
To help you avoid some of the most common car selling mistakes, our team at the Germain Buying Center has created his helpful reference guide. You’ll discover the top 4 most common mistakes people can make when selling their car. Once you have the right information, you’ll be able to sell your car with confidence.
Mistake #1 – Failing to Accurately Determine What Your Car is Worth
Unless you’ve taken the time and effort to thoroughly and fairly assess the true condition of your vehicle, there’s simply no way to accurately evaluate the true condition of your car. Without knowing what it’s worth, it’s extremely difficult to price it right.
Our team at the Germain Buying Center understands used car pricing better than most since we do it day in and day out. We understand the difference between wholesale, auction, and retail prices based on local market research for what individuals have paid for similar cars.
You can also research the true value of your vehicle on your own by visiting any number of the various used car pricing websites. However, it’s important to localize your research as much as possible. As always, you’ll get top dollar for your vehicle when you visit the Germain Buying Center.
Mistake #2 – Selling Your Car Without Knowing its True Condition
Condition plays a significant role in determining the true value of a used vehicle. When doing your own research online, it’s absolutely essential to be as honest about the condition of your vehicle when requesting a price quote. The truth is that most people have difficulty being honest about the true condition of their vehicle due to sentimental reasons or simply a lack of understanding.
Intentionally hiding or ignoring imperfections or issues with your vehicle will lead to you receiving a value that’s higher than the vehicle’s actually worth. This only sets you up for disappointment when the time comes to sell. Especially important when selling your vehicle privately, this could lead to frustration from both the buyer and the seller’s standpoint.
At the Germain Buying Center, our team of experts will be able to accurately appraise your vehicle and offer you the highest value possible based on its condition. If you’re unsure about your vehicle’s condition or simply want to avoid the hassle of doing the work yourself, visit us today for a competitive offer on your vehicle.
Mistake #3 – Skipping Important Steps When Selling Your Car
Another common mistake individuals make when selling their car is failing to consider exactly how much work is involved in making the sale. They think it’s as simple as creating an online listing and the buyers will line up with cash. Unfortunately for them, they’re in for a rude awakening when the vehicle continues to sit in their driveway unsold. Below, you’ll find many of the steps involved when selling your vehicle the right way.
- Cleaning/Repairs
- Documentation
- Advertising
- Quality Photos
- Screening Potential Buyers
- Meeting Potential Buyers / Test Drives
- Getting Paid
- Paperwork / DMV Visit
Sounds like a ton of work, doesn’t it? It’s easy to see why many people forego the daunting task of selling their vehicle privately. Instead, visiting us at the Germain Buying Center means that you’ll avoid all of that headache and hassle while still getting a competitive, same-day offer for your vehicle. It couldn’t be any easier.
Mistake #4 – Settling for a Bad Trade-In Value
Have you ever wondered why trade-in values are so low? Part of the answer involves the dealership’s vested interest in making profit on their used inventory. This is understandable in a sense since a dealer has a number of costs to offset as part of running their business. Examples include overhead, employee pay, insurance, and a variety of others.
However, just because you’re offered a low value for your trade-in doesn’t mean that you necessarily have to sell it. Doing your research ahead of time can help you negotiate a higher price in a counteroffer. You might quickly discover that the back-and-forth from negotiating can sour the deal or lead to a roadblock in the buying process. Then you’re right back to square one.
This is where the Germain Buying Center comes into play. We can offer you all of the speed and convenience of a dealership while still giving you top-dollar for your vehicle. Avoid all of the hassle and animosity that comes with arguing with a dealership. Enjoy the convenience and value that comes from selling your car to the Germain Buying Center.