Just come back from travelling around Australia and want to sell your car? Looking for the best possible cash price so that you can continue your travels overseas?
There are plenty of ways to sell a car in Australia but there are also pitfalls, especially if you are looking for a quick sale and are trying to sell a vehicle that has racked up a lot of kilometres on the clock.
How can you maximise the value you get for your car?
Firstly, although it’s traditionally a trusted way to sell a car, placing an ad in the classified section of a newspaper or magazine, or even for an online sale, may not be the best option. You may be charged, you have to wait for responses, and if the buyer senses that you are trying to sell quickly the price will be negotiated down. By all means try a “For Sale” sign on your car but you will have to strike lucky in order to get a quick sale at a fair price.
Do make sure that your vehicle is clean inside and out; if you can get it waxed and polished then that’s even better for creating the all-important good first impression on a buyer.
Research what your vehicle is really worth before advertising or talking to dealers. It’s relatively easy to get a rough idea by checking online evaluators so that you don’t get short-changed by an over-zealous buyer!
If you decide on a dealer, ensure that it is well established, knows the industry, and has an extensive network to sell through. If the dealer is able to send a mechanic to inspect your car it is a good sign that you will receive an evaluation based on the real condition of your vehicle.
Beware the car buying scams that can strike the unaware. It’s best not to accept cheques as these have been known to bounce; ask for a cash deal and never let anyone test drive your vehicle on their own.