When it comes time to sell your car, there are advantages and disadvantages of selling the car to a private buyer. Car 4 Cash offers the following information on the pros and cons of selling your car to a private buyer.
Typically, when you sell your car to a private buyer, you get a better price than a vehicle removal company. One of the main reasons for this is generally you have the car in tip-top shape. With a car removal company, you can sell your car without making any repairs, but that will also affect the sale price.
The costs of advertising are not like days past. Today, there are free online classifieds which make it easy to advertise the car for sale.
When dealing with a private buyer, it often is more comfortable for the seller to negotiate with the buyer, on a one-to-one basis.
You can take your time, meeting multiple buyers till you find one that offers the price that you think is fair for your car.
Selling your car to a private buyer can be very time consuming. When the car is being sold to a cash for car company, you can get it sold in a few hours’ time. When a car is sold to a private buyer, it can take many weeks, which means weeks of test drives and negotiating with potential buyers.
When you sell your car to a private buyer, you are dealing with strangers. You will need to provide personal information, which is not a very safe scenario. One good piece of advice is to always meet in a public place. You’ll also need to be prepared to answer a range of questions from issues with the car, to a number of owners, etc.
Test drives are necessary when selling a car privately. When it comes to strangers, there is no predicting if they are safe or unsafe. For the sake of safety, always take a friend or family member with you while going on test drives with potential buyers.
There is also the disadvantage that the title of ownership may not be correctly completed, or completed at all by the new buyer and the liability of the car remains on your shoulders.
Selling to a private buyer can be a frustrating experience. Sometimes, deals fall through because the buyer backed out at the last minute. If you are in urgent need of cash, scenarios like this can be stressful and frustrating.
Selling a car to a private buyer requires that car sellers be ready to put in a lot of time and effort, as well as money, for a successful sale.
If you’re strapped for cash and are looking for a quick, hassle-free car sale, then contact Car 4 Cash. We offer same-day car sale and instant cash payments.
Call us at 0420 550 811. Some of the other places where you can list your cars at used car sales facebook groups or simply call car 4 cash and we can buy your vehicle straight away.