Selling Your Car – What Do You Need To Know?

If you’re going to be selling your car, there are certain things that you need to know. The last thing that you want is to get it wrong, fall into some of the common traps that people fall into, or not do what you really should be doing. It’s a lot though, we recognize that, and that’s why we wanted to offer you some advice. 

Down below, we’re going to be taking a look at some of the things that you need to know about selling your car, how you can make sure you get the best sale, and why you need to be cautious. Keep reading if you would like to find out more.

Have Information About The Vehicle Readily Available 

First, you want to have as much information about the vehicle as you can. People are going to be asking a lot of questions, and you need to make sure that you’re answering them to the very best of your ability. 

Of course, you’re going to need to have the service history so that they can look through this, and then you’re also going to need to write down information they might like to know. For example, they might want to know generally how much it has cost to run while you’ve had it so that they can account for this in their budget. The more information that you have for them, the more likely they are to want the car if it’s what they want.

Settle Any Outstanding Finance Prior To The Sale 

Before you sell the vehicle, you need to ensure that you are settling any outstanding finance that is on it. It can get really tricky if you don’t do this, as the ownership needs to change and so on. We know that a lot of people sell their vehicle and then pay off the outstanding finance with the money from the sale, so this is also an option. 

But, the best thing you can do is settle it beforehand, just for ease. If you don’t have that money, then you can go down another route, it just gets a little more complicated for you, and a lot of people don’t want to purchase a car that has outstanding finance, just in case. 

What Documents Do You Need? 

Finally, you need to be thinking about what documents you’re going to need to sell your car. You might be sitting there thinking ‘oh, I’m selling my car. What do I need to do?’ and the answer is get your documents sorted and in order because you’re not going to be able to sell your car without them.

You need proof that you are the owner, you need proof of taxation if it’s taxed, and any other documents that you got when you bought the vehicle like your v5. 

Hopefully, you have found this article helpful, and now see some of the things that you need to know about selling your car. Take your time, you want to get this right.