In the past, if you wanted to sell your car you had relatively few options. It was not unusual to see cars parked outside homes, or driving around, with for sale signs on them. Today, you rarely see that, although it is always worth giving that approach a try. Sometimes someone will stop you and ask you how much you want for your vehicle.
However, you are probably better off using a pay as you go phone rather than your normal number if you are going to advertise in this way. If you do not do this, the chances are you will have to endure lots of nuisance calls.
A far better approach is to advertise new or used car online. Read on, to find out why that is the case.
A bigger pool of potential buyers
Provided you advertise your vehicle for sale with a big website like AutoTrader.co.za your advert will be seen by literally hundreds of people. Far more than if you were to just take out an advert in a local paper.
Sell your vehicle faster
The fact that so many people are going to see your advert greatly increases your chances of making a fast sale. This is especially important if you are planning to use that cash to buy your next car.
Understand the true value of your vehicle
If you go online, you can usually find several vehicles that are more or less the same as yours. This allows you to easily work out how much your car is really worth, and make sure that you advertise it at a price that ensures that it will sell. The fact that you have such a big pool of potential buyers makes it easier for you to secure a fair price.
Provided you use the right website, you will not have to pay much to advertise your vehicle. In addition, when you sell it, you will not have to pay any fees.
If you were to trade in your car instead, the dealer would take his cut, as would the middleman that they use to sell your vehicle. In some countries, trading in your car rather than selling it privately will end up losing you hundreds of dollars, sometimes thousands. This is because the dealer is taking a significant risk when they take on someone´s car. There is no guarantee that they will be able to sell it quickly, which means it could be sitting on their forecourt for months. This is something they factor in when they make their offer, which is why they rarely pay full price for those vehicles they accept in part exchange.
Getting it right
However, if you are planning to sell your vehicle online, it is extremely important to use the right website. You need to look for a company that is clear about their fees, and has a big enough audience. Before you sign up check the terms and conditions, and make sure that they appear on the first page when you do a cars for sale style search.
Article Submitted By Community Writer