Should you Sell your Car on Social Media in 2022?

Should you Sell your Car on Social Media in 2022?

Posted on April 28, 2022

If you are living in Ontario and want to sell your used car, the market is on fire, so you should be able to get a good amount of cash for your vehicle.

While the demand for used cars has never been higher, you are going to be facing some stiff competition, so it helps to have the right approach.

Casting the widest possible net

One way to optimize your chances of selling your used car for top dollar is by reaching the largest number of potential buyers.

If you think you are going to try to sell your car on social media, do not do that!

It'll be difficult to sell your car on social media because these platforms do not attract serious car buyers; the people who tend to surf these social media marketplaces are just passing the time and will only make lowball offers if they make any offers at all.

An example of a suitable platform to put your used car up for sale would be AutoTrader; it attracts millions of visitors each and every month.

You will be competing with other used car sellers, both individuals, and professionals.

Making your used car advertisement stand out from all of the others

Start by cleaning your car and having it polished; most potential buyers are going to look at the images of your vehicle and make an instant decision on whether to make an offer.

You need to take high-quality photos of your car's interior and exterior.

Along with taking photos, you should also consider making a video; by making this extra effort, your advertisement will stand out, which should lead to more qualified offers.

Calculating the right asking price for your used car

Something that you will need to address is the asking price for your used car. You do not want to use a high price that will scare potential buyers.

One effective way to determine what is the asking price for your used vehicle is to look for 10-20 comparable vehicles and average out their asking price.

When you have completed that step, you will be able to price your used car with confidence.

How to quickly sell your used car when you are short on time

If you are short on time and need to sell your used car for a fair price, there are options available.

The best option is to have a local car dealership buy your used car.

The dealership is always willing to buy your used car, but they need to determine what it is currently worth.

After the dealership has completed its appraisal, you will receive in writing an all-cash offer for your used car. You are under no obligation to accept the offer, but they will pay you immediately if you do.

This is a great option when you don't have much time to try and sell the vehicle on your own or just don't want to deal with the hassles that come with trying to sell the used vehicle on your own.

So why don't you contact your local dealership right now and find out what your used car is worth.

If you’re preparing to sell a used car in 2022, 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!