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Business

How To Sell Your Car

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Sell My Car

When it comes to selling your car, especially if you’re looking to purchase a new one, the entire process doesn’t exactly have to be too hard. When you take the time to do just a little bit of research, you’ll find that the selling process can be extremely easy to understand.

Here are the most basic steps that you need to make note of and follow to sell your car in Singapore.

Determine What it’s Worth

For many people, the decision to sell a car depends on exactly how much money they’ll stand to make from the sale itself. Before going through with the process, take the time to determine exactly how much it worth. If it turns out to not be worth as much as you initially thought it would be, then you may want to think about trading it in at a dealership towards a new vehicle instead.

Get All of the Paperwork Together

This is perhaps the most important thing to do ahead of time, because if you wait, it will only make the selling process much more difficult. Depending on the state in which you live, you will need specific documentation; however, you should always be prepared to have the following:

  • *Title
  • *Records involving maintenance
  • *Bill of sale
  • *Release of Liability
  • *Documentation involving the warranty
  • *”As-is” documentation

Prepare the Vehicle

Making sure that the vehicle is clean will make it much more appealing to those who may be potentially interested in buying it. It will also show that the vehicle itself has always been properly taken care of. Prior to taking photos of the vehicle and/or posting an online listing, be sure to perform the following basic maintenance:

  • *Wash/wax the exterior
  • *Clean the tires and their rims
  • *Wash or replace old floor mats
  • *Vacuum the interior
  • *Clean out the ashtrays (if needed)
  • *Wash the windows (both inside and outside)

Take Photos

Once you finish cleaning and detailing your vehicle, it’s important to take as many photos of it as you can in order to advertise it to potential buyers at Oneshift SwiftQuote. A useful tip to make note of is to take shots from multiple angles, which include the following:

  • *Front, rear, and both sides of the exterior
  • *Front/back seats, trunk, carpet, and dashboard of the interior
  • *Engine
  • *Wheels

Find Out Where to Advertise

The best place to look is an online classified service where you can properly advertise your vehicle, and one where you know there will be plenty of potential buyers.

Compose an Ad

This is the best and most important way to attract buyers, and it’s always important to include all of the important details regarding your vehicle. You also need to make sure that your ad is as accurate as possible by including the following information:

  • *Asking price
  • *Mileage
  • *Vehicle condition
  • *Accident/damage history
  • *Upgrades/modifications to the vehicle
  • *Any recent repairs
  • *VIN number
  • *How many owners the vehicle has had

Screen All Potential Buyers

Once your ad has been posted, chances are you will be immediately hit with all sorts of phone calls, emails, etc. regarding it. Be prepared to answer any questions to the best of your ability, and only set up test drives with buyers who are extremely serious about the vehicle. When you screen potential buyers, you’ll also need to make yourself aware of any and all fraud. Prior to setting up an appointment, take the time to do the following:

  • *Ask the full name of the buyer
  • *Tell the buyer which forms of payment you accept
  • *Let the buyer know that you do not accept monthly payments
  • *Find out if the buyer lives in your area

Finalize the Sale

Once the sale has been agreed, the final step is to finalize all of the paperwork. Once you receive payment, take the time to do the following:

  • *Complete the bill of sale
  • *Sign over the title to the buyer
  • *Fill out the Release of Liability
  • *Provide any and all warranty documentation if you’re able to
  • *Give the buyer copies of any warranty documentation
  • *Provide any further transfer paperwork that may be required in your state of residence