A Super Safe Way to Sell your Car in Hamilton Ontario
A Super Safe Way to Sell your Car in Hamilton Ontario
Posted on April 12, 2022
If you are looking for a super easy and safe way to sell your used car, you are in luck. We are going to cover some of the most important steps you can take when trying to sell your used car, so there is no time like to present to get to work.
Calculating what your vehicle is worth
This is going to be the most challenging part of the entire process.
If you asked 100 random people on the street what they would pay for your used car, you would get 100 different answers.
Since there is no absolute authority when setting the prices of used cars, you need to do some research and work on your haggling skills.
Visit AutoTrader, and look for comparable vehicles that are nearly identical to yours both in mileage and condition.
For example, you could have a vehicle with high mileage in pristine condition or a vehicle with low mileage that looks like it was in a demolition derby; by selecting nearly identical vehicles, you can come up with an “apples to apples” comparison.
You may be tempted to use the highest possible price as your initial asking price, but don’t do that!
When your starting point is the highest price, it does not leave much room for negotiating; prospective buyers may not be willing to make an offer if your asking price is too high.
Since you are advertising the car online and cannot engage the buyers directly, you need to have a competitive starting price which should prompt prospective buyers to contact you and make an offer.
Once you start getting multiple offers from potential buyers, you can turn on your haggling skills and get a bidding war going.
There is no reason why you cannot get a competitive offer on your used car, especially with all of the demand for used cars across Canada.
Making your used car advertisement stand out from the others
You are going to be competing with a large number of other used car sellers, and you need to make your advertisement stand out from the rest.
To do this, you should use a concise description that focuses on the things prospective buyers are interested in.
This includes the mileage, state of repair, and if the vehicle was ever involved in an accident.
The majority of prospective buyers will conduct a CARFAX report on the car before cutting a cheque, so you should be as transparent as possible.
Also, use the best possible quality images when uploading your advertisement; most people are visual, and as the saying goes, “a picture is worth 1,000 words.”
The best shortcut when trying to sell your used car
There is a great shortcut you can leverage when trying to sell your used car. Drive your used car to a local dealership and sell it to them.
The dealership is always willing to pay a fair price for your used car and will buy it today if you accept their all-cash offer.
If you’re looking for a safe way to sell your car in Hamilton, we’d love to buy it for a great price! Simply fill in the form below and we’ll get back to you ASAP!
Thanks for reading. Be sure to connect with us on Facebook, Twitter, Instagram, or LinkedIn to stay up to date on our latest great articles!