The moment you type ‘sell my car fast’ into your search bar is the exact moment you should pump your brakes…and take a deep breath! The decision to sell your car online is often accompanied by the need to do it quickly. This is understandable because your upgrade awaits or you need to sell urgently to solve the financial burden of an unfortunate life event. But a ‘fast sale’ can expose you to a lot of risks. This blog focuses on why you should prioritise due diligence over speed – whether you want to sell on your own or through a dealer.
“Folly and desperation are ofttimes hard to tell apart.” – George R. R. Martin
On your marks
When selling your car and trying to do it in the quickest way possible, remember to keep your cool and take informed steps. Scammers, dubious dealers and individual buyers can smell desperation from miles away. Consequently, this tips the scales in their favour. They will haggle and in the end, you will sell your car at a disappointingly low price.
Do your research and decide whether you want to sell your car privately, through a dealership or via an online car selling platform. (Bear in mind though that not all dealerships make the best deals).
And always check the online reviews; they never lie.
Get set
Regardless of whether you want to sell your car privately or through a dealership, your first step will be to carry out an evaluation to have a benchmark of the current value of your car. If you do decide to sell your car privately, be wary of the fact that you don’t actually know your potential buyers. They could be ‘monsters’ hiding behind convincing customer profiles on the internet. Having ‘strangers’ come to your house to view and test the car can pose further security risks.
As if that’s not enough to worry about, you will also have to have a cyber-theft free method of payment in place. At this point, go old-school and draw up a table to discern the pros and cons of selling privately, online or through a dealership.
Ready
Another speed bump in the process of selling your car is adding an emotional value on top of the estimated market value of your car. Because you have had so many priceless memories and have taken care of your car, you are not ready to let it go at the recommended price. This can get in the way of concluding the sale with an interested party as you may dismiss a buyer or dealership that may not meet your expected pricing.
Selling your car to a dealership will usually attract a much lesser offer as dealerships are buying from you in order to make a profit when they sell. Whichever avenue you choose, be ready to let your car go reasonably at the average price of all received evaluations.
And Sell
While the decision on how you want to sell your car lies entirely up to you, we will reiterate the value of due diligence and checking online reviews to help determine your final decision.
You can find an innovative online bidding platform that ranks high in star ratings and has great customer reviews in comparison with its competitors and sell through them. Happy customers who attest to a transparent process, selling cars safely and fast, obligation-free services, and getting the best price on the market are a trustworthy confirmation. Definitely worth giving it a go!
