Selling a car anywhere can be a challenge, but when you’ve got a sports car, the challenge increases. The market for sports cars is always hot, but it’s limited. Fortunately, websites like webuyexotics.com are around to help you find the market for your sports car.
In years past, the best way to sell a car was to list it in a newspaper or put it on a corner with a for sale sign in the window. This is no longer the case. Instead, the best method to sell a car is to list it online because this is where buyers are looking for all types of cars. When you sell online, you open up the possibility that someone from many miles away could see your car and decide to buy it.
When you decide to sell your car online, there are a few steps you should take.
1. Research your car online.
Before you do anything with your car, it is important that you check out what other sellers are doing with their similar cars. How many are listed online? What are the asking prices? How do the cars compare to yours? Look at the mileage, the color, the model year, and options. You should also consider how many similar cars are for sale near you. If there aren’t any, notice how far away the closest cars are.
When you look at similar cars for sale online, try to figure out how many have sold and for what price. You might even want to call or email the listings to see the results of the sales.
2. Figure out your car’s value.
Once you’ve done your research, the next step is to decide how much your car is worth. There are several websites that will help you figure the value of your car based on the model year, the options, and the mileage. If you are listing your car online, you should be honest about the condition of your car as you want to be as accurate as possible.
The value of your car will decrease if you have issues that you have not resolved. If you have recalls or other issues that need repairing, get that done so the value of your car doesn’t drop dramatically
3. Choose where to list your car.
There are numerous websites where you could list your car. It is wise to list it in a spot where people will see it, but you also want to list it in a place where people are willing to pay top dollar for a sports car. Some websites cater to buyers who are looking for inexpensive cars and they don’t care much about the condition. But, others are designed for buyers who are looking for a special car and they know that the car will not be cheap.
4. Take pictures.
When selling a car online, you must take as many pictures as possible. Before you take the pictures, give the car a thorough cleaning both inside and outside. Dust and vacuum the interior and give the tires a good shine, too.
Take pictures of every possible angle and get close up to any areas that have any bit of damage. Show the inside of the car with photos of the dashboard, including the stereo, heating and cooling controls, speedometer, and mileage. Even take pictures of the tires and remaining treads on them. Be sure that you have good light inside and outside of the car, don’t shoot the pictures in the darkness of a garage.
5. Write a thorough listing.
Your listing is just as important as the pictures. The listing should read as if you didn’t have any pictures, so be sure to include everything possible about the car. Don’t forget to include repairs and maintenance records in the description. You want to be honest about everything so that buyers know what they are getting.
When you write the listing, consider questions that buyers might ask. If you can answer them in your listing, you won’t have to constantly answer them in emails or texts. Don’t be surprised if you spend an hour or more writing the description.
6. Choose a price.
If you want to sell the car quickly, pick a price that can’t be beat. Otherwise, pick a fair price that will get you what you want. If you are selling your car on a site that allows buyers to bid, choose a starting price or set a reserve price so you get exactly what you want.
7. Be prepared to negotiate.
Once you list the car, you will get questions and offers. It is important that you only engage with people who can actually buy the car either by paying cash or through financing. Before you negotiate, ask them how they plan to pay for the car. If they cannot tell you how you will pay for the car, then you shouldn’t waste your time with them.
You might get an offer from a dealership, but be sure that you do not go too low just to get rid of the car. When you begin negotiating, be prepared to explain why you set the price and why the car is worth it. Before you post an advertisement for the car, decide what your lowest price will be.
When you sell the car yourself, you will most likely have to meet with buyers. Make sure that you go to public spots like mall parking lots or some other visible location. Use location services on your smartphone so you are visible to your friends and family. Bring someone with you for the added safety. If the buyer wants to drive the car, ask to see the buyer’s driver’s license and take a picture of it. After you take a picture of the license, text it to someone who knows you are selling your car.
It is in your best interest to ride along with the buyer. If the buyer wants the car inspected by a mechanic, meet the buyer and stay there until the inspection is completed. Your safety should be paramount over selling the car.
8. Sell the car.
You should only accept a few different types of payment, including cash or a cashier’s check. Take off the license plates and be sure that you do everything else that is required by your state’s DMV.