How to Sell Your Used Car: Tips and Must-Haves (Part 2)

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Here's how to sell your used car successfully to a private buyer or a dealer shared by VINCheck.info. Part II offers some tips on dealing with the buyer. Vehicle history is the key to helping the buyer make an informed decision. VINCheck.info can help you and the buyer with its free license plate or VIN lookup and other tools.

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HOW TO SELL YOUR USED CAR (Part II):

HOW TO SELL YOUR USED CAR (Part II) $$$ TIPS AND MUST-HAVES

Here's how you can successfully sell a used car to a private buyer or a dealer:

Here's how you can successfully sell a used car to a private buyer or a dealer

Slide3:

In Part I, we talked about preparing your car for sale: 1. Check the car's right value or worth. 2. Consider some cleanup, repair or bodywork improvements. 3. Make your ads stand out with enticing images of the used car. 4. Use various platforms to get to the buyers you want. Part II will focus on dealing with a buyer  (dealer or private buyer) . 

DEALING WITH A BUYER:

DEALING WITH A BUYER

DEALING WITH A BUYER:

DEALING WITH A BUYER Tip #1: Never pressure people  into buying your used car

Tip #1:  Never pressure people into buying your used car:

Tip #1:  Never pressure people into buying your used car DEALING WITH A BUYER Pressure tactics which may have worked in the past turn off most buyers today. Most buyers would want more time to weigh their options. An informed decision takes into consideration a number of factors and options.

Tip #1:  Never pressure people into buying your used car:

Tip #1:  Never pressure people into buying your used car DEALING WITH A BUYER High pressure selling sometimes makes a prospect suspicious. Soft selling focuses on helping the buyers make an informed decision. A vehicle history report, such as the VINCheck.info car report, is a significant factor in making an informed decision.   

DEALING WITH ABUYER:

DEALING WITH ABUYER Tip #2: Make up your mind about  selling to a private buyer or to a dealer

Tip #2:  Make up your mind about selling to a dealer or private buyer:

Tip #2:  Make up your mind about selling to a dealer or private buyer DEALING WITH A BUYER Selling to a dealer: requires lesser paperwork (dealers are prepared to take care of it) may qualify you for a tax break (if you  trade-in for another car) is easier because dealers are easier to find than private buyers

Tip #2:  Make up your mind about selling to a dealer or private buyer:

Tip #2:  Make up your mind about selling to a dealer or private buyer DEALING WITH A BUYER Selling to a private buyer: can give you a higher payout  is easier if you are selling vintage cars can teach you more about the process of selling used cars

DEALING WITH A BUYER:

DEALING WITH A BUYER Tip #3: Never agree to an  unsecure payment method

Tip #3: Never agree to an unsecure payment method:

Tip #3: Never agree to an unsecure payment method DEALING WITH A BUYER Installment payment: offers an opportunity to get more profit from interest is safer if you know where the buyer lives so you can reinforce the agreement must be secured through post-dated check payments or guarantors

Tip #3: Never agree to an unsecure payment method:

Tip #3: Never agree to an unsecure payment method DEALING WITH A BUYER Installment payment: may offer little consequence for the delinquent buyer if the payment is discontinued is safer with a reputable dealer with a good track record for customer service

Tip #3: Never agree to an unsecure payment method:

Tip #3: Never agree to an unsecure payment method DEALING WITH A BUYER One-time payment: offers no risk of abandonment is a good choice if you need to make a fast buck or go out of town/country soon avoids problems with delinquent payments in the future

Tip #3: Never agree to an unsecure payment method:

Tip #3: Never agree to an unsecure payment method DEALING WITH A BUYER Cash : its authenticity can be easily confirmed Check : can be verified if valid from the bank (or you may require a manager's check)  Escrow : its legal status is verifiable from a local consumer protection bureau or attorney general's office

DEALING WITH A BUYER:

DEALING WITH A BUYER Tip #4: Provide a safe venue for any buyer who wants to check your car

Tip #4: Provide a  safe venue for any buyer who wants to check your car :

Tip #4: Provide a  safe venue for any buyer who wants to check your car  DEALING WITH A BUYER Ideal venue is where both parties can meet halfway on a neutral ground (preferably in a public and secure parking lot). Meet your buyer with a trusted friend (don't do it alone).

DEALING WITH A BUYER:

DEALING WITH A BUYER Tip #5: Take necessary precautions before agreeing to a test drive

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DEALING WITH A BUYER Tip #5: Take necessary precautions before agreeing to a test drive  Schedule a test drive with serious buyers only. (Ask questions or verify if the buyer needs any clarification.)   Make sure to get the phone number of the buyer.   Ask beforehand who is coming for the test drive.   Inform the buyer you need a proof of identity or an ID. 

DEALING WITH A BUYER:

DEALING WITH A BUYER Tip # 6 : Secure the buyer's proof of identity before the test drive 

Slide21:

DEALING WITH A BUYER Ask to see the buyer's proof of identity.   Make a copy and leave it to a third party.  A proof of identity may protect you from fraud and help make the buyer liable for accidents while test driving. Tip #5: Secure the buyer's proof of identity before the test drive

Slide22:

DEALING WITH A BUYER Ask to see the buyer's proof of identity.   Make a copy and leave it to a third party.  A proof of identity may protect you from fraud and help make the buyer liable for accidents while test driving. Tip #5: Secure the buyer's proof of identity before the test drive

Slide23:

Commonly accepted identification documents:

DEALING WITH A BUYER:

DEALING WITH A BUYER Tip #6: If possible, ride with the buyer during the test drive

Tip #6:  If possible, ride with the buyer during the test drive:

Tip #6:  If possible, ride with the buyer during the test drive DEALING WITH A BUYER Knowing if the driver is not fit for driving from the get go is not easy.  By riding with the buyer, you have a chance to take over control if he or she turns out to be careless. As the owner, you have the right to deny a test drive from an irresponsible or drunk driver.

Tip #6:  If possible, ride with the buyer during the test drive:

Tip #6:  If possible, ride with the buyer during the test drive DEALING WITH A BUYER Other test driving precautions: Have a trusted person come along with you. Make sure somebody knows where you are going and whom you are meeting with

DEALING WITH A BUYER:

DEALING WITH A BUYER Tip #7: Keep your original papers intact and complete

Tip #7:  Keep your original papers intact and complete:

Tip #7:  Keep your original papers intact and complete DEALING WITH A BUYER Show complete original papers to your buyers to: address any doubt or fear regarding the legitimacy of your offer assure buyers that you are the legal owner set the right mood for a sales transaction

Tip #7:  Keep your original papers intact and complete:

Tip #7:  Keep your original papers intact and complete DEALING WITH A BUYER Present the title with your signatures at a DMV or MVD office if you are transferring the ownership.  Process the paperwork at a DMV branch once the purchase is completed. (This ensures that you won't be liable for any problem if the next owner uses it for criminal activities.)

Tip #7:  Keep your original papers intact and complete:

Tip #7:  Keep your original papers intact and complete DEALING WITH A BUYER Other important documents that you may need:    Vehicle registration  Bill of sale   Release of liability  Warranty documents  Maintenance record

Tip #7:  Keep your original papers intact and complete:

Tip #7:  Keep your original papers intact and complete DEALING WITH A BUYER My papers are complete. Why must I have a vehicle history report?  A vehicle history report offers details about the car that may or may not be available from the documents you have.  A prospective buyer would want to know the whole story about the car's past. 

Tip #7:  Keep your original papers intact and complete:

Tip #7:  Keep your original papers intact and complete DEALING WITH A BUYER Buyers want a comprehensive vehicle report that includes: Vehicle specifications Safety ratings Market value Fuel efficiency  Warranty/manufacturer recall

Tip #7:  Keep your original papers intact and complete:

Tip #7:  Keep your original papers intact and complete DEALING WITH A BUYER   Title records   Sales records   Lien records   Accident records   Theft records   Title brand check

Tip #7:  Keep your original papers intact and complete:

Tip #7:  Keep your original papers intact and complete DEALING WITH A BUYER VINCheck.info  comprehensive vehicle history reports are free for all:  used car sellers used car buyers anyone who wants to verify a car's history or double-check a car report

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In summary, here are some useful tips on dealing with a buyer: Never pressure people into buying your car. Make up your mind about selling to a private buyer or a dealer. Never agree to an unsecure payment method. Provide a safe venue for any buyer who wants to check your car. Secure the buyer's proof of identity before the test drive. If possible, ride with the buyer during the test drive. Keep your original papers intact and complete. Click to add text Visit VINCheck.info for more information that  may be useful for you in dealing with a buyer. 

Slide36:

 Vehicle History VIN Decoder  License Plate Lookup VIN Check by Make VIN Check by State Vehicle Sale History No signup, no credit card required.

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