5 mistakes to avoid when selling your car

5 mistakes to avoid when selling your car

Want to skip the pitfalls and sell your car the easy way? Read on.

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Selling your car can be a tricky process. But it doesn’t have to be if you know which mistakes to avoid.
PETALING JAYA:
So, you’ve made up your mind. You’re selling your car. The question now is how to get the best price, and what you should do to get it.

Now that can be the tricky part. The best way for you to avoid pitfalls is to first identify the common mistakes most people make.

Some of these may seem simple and obvious, but people often ignore them, failing to understand their importance.

Overlooking such seemingly trivial factors can seriously reduce the value of a car, and even make the selling process more complicated than it needs to be.

Let’s take a look at the top five mistakes people make, and what you can do to avoid them.

Mistake 1: ignoring maintenance and repairs

This may seem obvious but many people forget that even the little things matter a lot when it comes to selling cars.

Apart from mechanical issues, or minor cosmetic damages like dents and scratches, even clutter or dirt can seriously reduce a car’s value and put off prospective buyers.

What you can do

Give your car a little TLC. You may be selling the car, but some tender loving care before you do, goes a long way towards securing the best price for it.

Some basic maintenance is vital: top up fluids, check tyres; sort out minor repairs, and fix scratches and dents. If there are any major issues, be upfront about it – it builds trust.

Getting these things done will have a big impact on your car’s valuation. Also, give the car a good clean up – inside and out. Looks matter because first impressions last.

Mistake 2: not knowing your car

It may sound silly, but how much do you really know about your car and its specifications? Surprisingly, most sellers are not aware of the basic information about their cars let alone in-depth details.

What you can do

You may be letting your car go, but knowing its specs before you sell it, is essential.

From basic information like car model, model variant, model features, transmission, powertrain figures, service schedule, colour, age, modifications, and replacements – having accurate information can make a real difference in getting the best offer.

Mistake 3: not having your documentation in order

Surprisingly, many people don’t take maintaining paperwork seriously. But this is vital when selling your car.

Missing records, lost certificates, and lack of proper documentation can delay a sale, turn buyers away, or give them valid reasons to bargain on your asking price.

What you can do

Get organised, and have all the required documentation ready. Essential papers such as vehicle registration and insurance, ownership title, maintenance and service records all ensure transparency; all these show that you are a responsible owner. This helps to make a sale too.

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CARSOME’s unique 175-point inspection service is quick and comprehensive.

Mistake 4: not doing enough research

Failing to research the true market value of your car is one of the most common mistakes. Without proper knowledge and a clear understanding of your car’s worth, you lose out by undervaluing it, or miss a sale due to overpricing.

To estimate the real value of your car and its current market price, arrange for a proper inspection. Many people disregard this important step, thereby losing out on getting the best deal possible.

What you can do

Simple – do your research. How much is your car really worth right now? You can compare listings for similar vehicles to see what the going rates are.

Consider the condition of your car – factor in mileage, wear and tear, upgrades or modifications and adjust your price accordingly.

Get your car ready for inspection to maximise its value, then call in the professionals.

CARSOME, for instance, offers a unique 175-point inspection service that’s quick and comprehensive, identifying any issues your car may have, what your car needs in terms of maintenance, and any matters that require critical attention.

The 175-point inspection also covers thorough checks for major accidents, frame, flood, or fire damage. After the inspection, CARSOME will provide you with an on-the-spot valuation (and an offer) for your car.

CARSOME can also give you an instant estimate online based on your car’s condition, make, model, year and other information which you key in. That’s how easy it can be.

You can book an inspection via the CARSOME mobile app, or if you’re too busy to go there, request for a CARSOME home inspection service, and they’ll be right at your doorstep.

Mistake 5: falling prey to scams and payment delays

Selling your car can be a bit of a minefield. Haggling with used car dealers, all that drama and wasted time trying to sell online – false promises by buyers, low prices… the list goes on. And sadly, many people get scammed or face delays getting paid.

What you can do

You can get wise and try to stay away from the traps. Be aware of common scams, always verify buyers and most important, use secure payment methods.

You also have the safer option of choosing a trusted platform like CARSOME to do what’s necessary for you in just four simple steps – from booking an inspection (and giving an estimate), having your car inspected, getting an immediate offer (or selling via their bidding platform), to being paid within one week – the whole process is smooth, hassle-free and fully transparent. What’s more, CARSOME will handle all the paperwork for you too.

While being aware of these common mistakes may help you avoid them, selling your car doesn’t have to be traumatic. It can be as easy as leaving it to a reliable partner like CARSOME – the fastest, most hassle-free way to sell your car.

Click here for more details about selling your car with CARSOME.

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