Cash For Cars: Selling An Old Car

If you have an old car, there are a number of people who can buy it. Scrap metal dealers are one of the people who often buy old vehicles. They usually collect metal parts and later sell them to recycling industries.

Scrap metal dealers usually buy old cars depending on their weights and due to this, they often buy the cars at very low prices.

You can also sell your car to scrap car dealers. These people buy, renovate, and later sell the cars. Just like scrap metal dealers, these people don't buy the vehicles at high prices.

Vintage car collectors also buy old cars. The good side is that there are many vintage car enthusiasts who are out there looking for great cars to buy. The collectors buy the cars for fun and store them in their garages.

They usually buy the cars depending on their condition; therefore, if your car is in good condition you will be paid good amounts of money.

These are four of the main people who can buy your old car. For you to effectively sell the car, you need to do the following:

Take a Look at the Blue Book: the blue book is a catalog of car values that helps you in identifying the true value of your car. The catalog is easily available as you can easily find it in libraries and banks. You can also access it online.

Take a Look at the Classified Section: Local newspapers and auto-trader publications have classified sections where cars are advertised. You should get your favorite newspaper or publication and take a look at the classified section. Taking a look at the section will help you in finding out the market value of your car.

Fix Your Car: if you are planning of selling your old car to a vintage car collector or any other person, you should ensure that the vehicle is in good condition. This calls for you to wash the vehicle, wax it and fix any small problems such as broken knobs. You should also thoroughly clean the interior. Doing this helps you in uplifting the image of the vehicle and as a result you will sell it at a high price.

Avoid Making Low Offers: when you find a buyer interested in buying your old car, you should avoid making low offers. To be on the safe side you should always have a minimum amount that you will accept and if the buyer gives you an offer that is lower than that, you should politely decline it.

Buy My Car For Cash: Tips On How To Make More Money When Selling Your Old Car

If you want to sell your old car, here are tips on how to get more money when making the sale:

Showcase the Ride

Just like in real estate where homeowners clear countertops, rearrange furniture, and clean closets in order to showcase their homes, you need to do similar things in order to showcase your ride.

This calls for you to thoroughly clean your car. When cleaning, you should not forget the interior: you should vacuum the carpets, shake out the floor mats, and wipe off any dust that might be on the dashboard and other surfaces.

To give your car a nearly brand-new look, you should consider hiring a professional detailing service provider. The service provider will wash, buff, and wax the car's exterior. He will also thoroughly clean and shine the interior and leave your car looking great.

Put the Papers in Order

Buyers like knowing the car's history; therefore, it's wise to have receipts, invoices, and any other records that will help the buyer in knowing more about the car. Some of the records that you need are service records. These are records that show a complete service history of your car.

You also need a vehicle history report which aids in creating good will with potential customers.

Know the Real Value of Your Car

Unlike before when it was almost impossible to know the real value of your car, this is no longer the case.

Sites such as Edmunds and Kelly Blue Book allow you to access market information and online calculator for free. Using the online calculator you are able to easily estimate the value of your car. When estimating the value of your car you need to factor in your vehicle's mileage, exterior damage, and interior condition.

Conclusion

These are tips on how to get more money when selling your old car. When you find a person interested in buying your car, you should be smart in the selling transaction.

If you will be selling the car to an individual, you should prepare a bill of sale. This is a document that documents the terms of the transaction. The bill of sale also serves as a legal receipt and protects you in a court of law.

When preparing the document you should include the make, model, purchase price, and year of manufacture of the vehicle. You should also include the date, buyer's name, and your name. To seal the deal, both you and the buyer should sign it.