The Cheapest Way to Sell a Car in Canada
The Cheapest Way to Sell a Car in Canada
Posted on January 14, 2023
Are you thinking about selling your used car? We are going to give you some tips on the cheapest way to sell a used car in Brantford.
Fair Market Value (FMV) of Your Used Car
Used car prices are changing monthly, take the limited supply and all bets are off. You need to have a pricing point that will attract a critical mass of buyers. If the asking price is high, it could take some time before you receive any offers.
If the asking price is low, buyers may presume there is something wrong with the car and skip it completely.
You should find out what comparable vehicles are selling for and pick a price that is in the middle of the pack.
Best Places to List Your Used Car Advertisement
There are platforms like AutoTrader and Craigslist to name a few. These platforms do attract a fair number of buyers who visit the website regularly.
Avoid social media websites at all costs. Some people think that since there is a large number of people who use social media, it would be a great place to sell a used car.
The people who use social media aren’t actively looking to buy used cars. These “buyers” are just hanging out and passing time, so any offers you do receive from social media will be lowball offers. Social media has a large concentration of scammers, so you should just stay away from social media.
Is Your Car Roadworthy?
Some people will buy a used car, even if it’s not roadworthy, but if you want to get the most cash then you need to get your car ready for the road. Prospective buyers that cannot go for a test drive will not pay much.
Show prospective buyers your vehicle’s service records. Whenever you had work maintenance done on the car, this is proof that your car is well maintained which helps increase the perceived value.
Timeline to Sell the Car
Do you have a timeline to sell the car? If you are not in a hurry, then you can take your time and wait for an offer that is close to your asking price. However, if you are in a situation where you need to get paid fast, then you have options available.
You will be happy to know there is a way to sell your used car fast and get paid today. What you do is bring your used car to a neighbourhood dealership. The dealership is constantly buying and selling cars and is by far the quickest and cheapest way to sell a car in Brantford.
What the dealership will do is check the VIN to see if there are any liens on the car, if there are none you will receive an offer from the dealership. Should you accept the offer, the dealership is going to pay you right there.
Armed with this information, you should have no problems selling your used car. Just be sure to only meet with buyers in person and you won’t have any problems.
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