How to Sell a Used Car Quickly in Oakville
How to Sell a Used Car Quickly in Oakville
Posted on March 1, 2022
We will show you a pain-free way to sell a used car quickly in Oakville that really works. There are a few important steps that need to be followed, but if you stick with us to the end of this conversation, you will do fine.
What is your asking price?
Do you have a number in mind of what you want to get for your used car in Oakville?
The used car market is under immense pressure, with demand that is outpacing supply at an alarming rate. You should be able to get a good price for your vehicle, but to do that; the first step is finding comparables.
You can use AutoTrader, Kelly Blue Book, and Kijiji Autos to look for comparable vehicles in Oakville like yours and find out their listing prices.
While you look at the prices that are being listed, take into consideration where the vehicles are located.
If you are living in a rural part of Canada, the number of potential buyers is greatly reduced compared to sellers living in Montreal.
Do not price your car on the high end, even if it does check all the boxes.
A high asking price may turn off potential buyers; on the other side of the coin, if your asking price is low, it sends a message there could be something wrong with your car.
Try to use an average price as a starting point; you are under no obligation to accept any offer.
The reason we suggest using a price in the middle of the pack you should be able to attract more buyers and get more offers.
How to advertise like a professional
Even if this is your first time advertising a used car for sale, it doesn’t mean you cannot do a great job.
The photos and videos of the car need to be of professional quality; prospective buyers are savvy and can identify first-time sellers.
They can use your inexperience against you when making offers. Listing your car with professional-looking images and videos gives the buyer one more reason to want to do business with you.
Documents you need to prepare
You could receive an offer at any time, so you should always have the required paperwork on hand.
The first document that the buyer will ask to see is the lien release proving there are no active liens on the vehicle. If there are active liens, no one will make an offer.
Another item you will need is the vehicle registration which you sign over to the new owner when the deal has closed.
Streamlining your used car selling experience
You could streamline the used car selling experience by leapfrogging all of the steps we just discussed and sell your car to a local car dealership.
The dealership will let you know the appraised value of the car and will also make an offer to buy it from you. If the offer is accepted, the dealership will issue payment right away.
Selling a used car can be a profitable endeavour, especially if you stick with the suggestions that we have provided.
If you’re looking to sell a used car quickly in Oakville, we’d love to buy it for a great price! Simply fill in the form below and we’ll get back to you ASAP!Â
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