When the time comes to sell your used car, you need to understand it will take some time and effort from your end to get it happening. It is not like one day you wake up, deciding to sell your car and the next day you find a buyer and the car if off your hands. Used cars mean old cars, which have been used by someone for an X period; it could be a year or more. So, depending on the age of the car, and its background history, the price would be decided upon and sale would be completed.
There a few tips they could follow to make sure to get a good price on their used cars,
Decide on the medium through which you are going to sell your car. Are you going to employ a car broker or get towards selling your car on your own? If you were to use a broker, you will have to pay him a commission on sale, whereas in other cases, you save on that money.
Also make a decision regarding the advertisements or posters you wish to put out. This will help in spreading the word about a car that is up for sale, and let more people know of this, which means interested people will come knocking on your door or calling you to find out more.
How good a condition is your car in? Have you driven a lot or done only a few thousand miles on it? Have there been any accidents or major repairs that you had fixed? All these are information one needs to ask themselves before deciding on the asking price for the car. If the car has been in perfect condition all through and no faults, or problems, the price quoted can be higher than expected.
Also make sure to spend a bit on getting the car looking like its brand new, for once a person sees the car, they will get attracted to it, and from thereon, selling it will become a cake walk. Else you will have to elaborate and hope the condition of the car will do the selling, which is a bit difficult.
If the car is not more than 2years old, then the warranty will still be effective, and in case where the owner has taken extended warranty, will they be transferring the same to the new owners? Are the registration, and insurance papers in order, and have the payments been made on time? If all these documents are available at the time of the sale, it gives the seller a bit of an edge, and they can demand higher price.
A report on the car history, from the date of manufacture to how many miles it has run. The vehicle identification number (VIN) should also be present on the vehicle and mentioned in the report. All these are tips through which one can quote a good price for their used cars.