Are you ready to say goodbye to your old ride? Sooner or later, all vehicle owners reach the point where they are ready to either sell or trade their car and get something newer. And naturally, everyone wants to sell or trade for the highest value possible.
The question is, what can you do to get top dollar for your pre-owned automobile? Whether you’re selling to someone on Craigslist or you’re simply looking for dealership trade-in credit, here are some tips that will help you maximize your vehicle’s resale value and overall appeal.
Time it Right
When you decide to sell or trade matters a lot. Here there are two main numbers you need to know. The first is 100,000 miles, which is something of a cut-off point. Once you surpass it, the total value of your vehicle goes down quite a bit. And second is 10 years; again, once your car passes that milestone, its dollar value will take a big hit. If you are on the cusp of either of those numbers, you may want to sell now.
Use the Right Resources
Before you go to sell, it’s smart to do a little research and determine roughly what your car is actually worth. The best resource for this is Kelley Blue Book. If KBB says your automobile is worth $5,000, you probably shouldn’t expect anyone to buy it for $10,000. And likewise, if someone offers you just $1,000 for it, they are probably trying to take advantage of you.
Give Your Car a Good Cleaning
Generally speaking, most buyers assume that clean cars are well-maintained, while dirty or cluttered ones have been neglected. Whether that’s actually true or not, you definitely don’t want to give anyone a reason to doubt the upkeep of your vehicle. Give it a thorough cleaning before you go to sell, including polishing the windows, vacuuming the floorboards and upholstery, emptying trash and crumbs from cup holders, etc.
Have Some Basic Maintenance Done
Again, you don’t want to give anyone cause to think you haven’t taken great care of your car—so a little bit of basic maintenance can go a long way. That doesn’t mean you have to spend hundreds of dollars on brand new tires, but you probably should have the tires rotated, the oil topped off, and all other fluids checked and replenished as necessary.
Find the Best Place to Sell
Finally, as for where you choose to sell, there are various pros and cons to consider. Selling to someone on Craigslist may help you get a little more bang for buck, but you’ll also have to work harder for it. Dealerships typically pay a little less, but they will also make the process much smoother—especially if you’re going to turn around and buy a used car from them. If that’s the case, the dealership can offer you a nice, seamless transaction.
Reach out to Get My Auto to connect with a good dealership in your area!