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Tips for Selling your Car Privately

By: Sally Aquire - Updated: 7 Oct 2012 | comments*Discuss
 
Tips For Selling Your Car Privately

When it comes to selling your car, many people opt for a private sale. Advertising your car for a private sale is often relatively cheap. For example, if you choose to advertise in a publication such as Auto Trader, the average advert will cost you around £30 (sometimes less than this) for an illustrated advert in both the paper and online editions. Putting an advert in the local paper costs even less than this on the whole. If you want to pay nothing at all for advertising, try putting a sticker on the back window of the car or a free card on a shop notice board. This article offers advice on selling cars through a private sale.

Selling Times

The best months for selling cars through a private sale tend to be March, April and September.

Setting a Price

Don't charge too much for the car or buyers will quickly lose interest. It's often a good idea to have a look around to see how much your car would probably fetch at a car dealer, and then price it ten per cent lower than this. If your car is in good condition with a good service history, buyers should not be put off by this price. You can also have a look at the classified advertising in your local area to see the type of prices being asked for, as car prices can change significantly from area to area.

If there are obvious flaws to the car, you need to take these into account when setting a price, and make deductions if necessary.

Most of the time, you will not get the full asking price, especially if your buyer is adept at negotiating. To counteract this, it is worth setting the price a little bit higher than what you hope to get for the car.

Advertising Strategies

Most private car sales are advertised in the likes of Auto Trader, local press and classified adverts, but there are certain strategies that work better than others depending on the price range in question.

If you are asking for £3000 or less for your car, putting an advert in your local paper is one of the best options. This is usually relatively cheap to do. You can combine this approach with an advert in the back window of your car.

If you are asking for £5000 upwards for your car, you are in a better position to attract buyers from slightly further afield. An advert in Auto Trader and Exchange and Mart is a good option. If you are selling a high quality sports car or prestige car, you can try Top Marques, which is the sister publication to Auto Trader. You can also try online classified adverts on websites such as Desperate Seller and eBay Motors.

Getting Ready for the Sale

Clean your car before a potential buyer arrives to look at it as this will give a good impression. A dirty car is unlikely to appeal to them. Have the car's paperwork handy, as prospective buyers will want to see it.

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