Selling your car is just as big of a deal as buying it. When you sell your car, you want to make sure your buyer is legitimate and willing to give you a good price. And beyond that, sometimes, we’re just looking to sell our car in a quick and easy way. In this day and age, selling your car has never been so easy.
With the myriad of options out there, let’s break down the four best ways to sell your car quickly. Starting from number four.
4. Sell it yourself
If you’re a fan of do-it-yourself projects, selling it yourself might be the option for you. To do so, you’d have to look for different platforms to sell your car on, like Facebook or Craigslist. After that, you’d have to take photos of your car and upload the photos and your vehicle details onto the platform of your choice. From there, you’d manage the viewings and test drives yourself.
→ More control over selling price
Since you’re in charge of all aspects of selling your car, you have more control over the selling price of your car. In addition to this, you’ll also get to choose your buyer depending on their offer.
→ Huge time commitment
→ Can’t verify is buyer is legitimate
→ A lot of hassle arranging test drives with different buyers
→ Lowballers, flaky customers
Although you get more control over the selling price of your car, being in charge of all aspects of selling is a huge time commitment. Furthermore, because you’ll be selling over the Internet, you might not have the resources to verify if your buyers are legitimate; therefore, it could take some time to find legitimate buyers who are offering good prices for your vehicle. You’ll also have to deal with arranging test drives for buyers who all have different schedules, as well as deal with flaky buyers and customers who only want to offer way lower than your asking price.
3. Car auction
Car auctions are where you go through an auction service that will help you prep your car to be auctioned off to a group of buyers. After you’ve contacted the auction service and prepared all the necessary paperwork, your car will be auctioned. For a more in-depth explanation on what goes on, check out our article on car auctions here.
→ Quick rate of return
→ Less time commitment
Car auctions offer a quick rate of return, and since you go through a car auction service, there’s less time commitment.
→ Auction houses can be picky
→ Auctioneers take a cut of the profit
Auction houses can be picky about which cars they accept, so if they don’t pass the auction house’s standards, they might choose not to take your car. However, if they do take your car and auction it off, be prepared to receive a lesser cut since auctioneers take a cut of the profits as well.
2. Sell it to a car buying service
A car buying service is also another way to sell your vehicle. You can either sell your car online through them, or drive it to a car selling lot where they’ll inspect your car and make you an offer. With the online service, you would have to take photos of your car and post them with a vehicle description yourself. After that, you’d also handle the sales paperwork and delivery. Before the final sale, you’d also have to get your car cleaned and serviced.
→ Quick rate of return
Both offer a relatively quick rate of return, although driving your car to a lot and selling it to a car buying service is quicker than doing it online.
→ Car buying services can be picky
→ Undercut price
These car buying services can be picky about which cars they choose to buy, and even if they choose to buy it, they undercut the price by quite a bit, meaning you might be losing money in the deal.
Sell your car to Carro. The price we offer for your car is instant, and you won’t have to deal with multiple viewings. It’s simple! Send in your details to us and we’ll auction your car to over 1,000 of our dealers to give you the best price.
With zero hidden fees, our transparent process puts your interests first.
→ Quick and transparent processes
Our services are fast, completely transparent with zero hidden fees. Our dedicated team of sales experts will get back to you with a quote on your car that’s fair and fast.
→ Prices may be lower as compared to other listings
Prices may be lower when compared to listings on classifieds, as classifieds prices are deemed by individuals. The higher prices listed may delay the sale of the vehicle, leading to losses incurred in depreciation, road tax, and insurance.
If you’re looking for a quick and fuss-free way to sell your car, visit carro.sg/sell-car for a free quote today!