If you’re looking to sell your car with webuyanycar.com, you’ll be pleased to know that our service is a simple and convenient solution to the tired old methods of selling a car, such as private sales and part exchanges. From our free car valuation tool to a short appointment with one of our friendly Vehicle Purchasers, selling your car has never been easier.
No matter which method you use to sell your car, the buyer will want to inspect the vehicle first to ensure the resale price is fair and accounts for any damage, functional issues or missing items. Here, we’ll look at how you can ensure your car is ready for inspection, however you opt to sell.
For those looking to sell privately, there’s the monotonous process of entertaining time-wasters and tyre-kickers night after night, and checking your phone every ten minutes to catch any possible enquiries. For those looking to part-ex, there’s the whirlwind of paperwork and sales lingo that comes with buying a new car and it’s easy to overlook a loss of value during the trade-in process. Before you know it the deal is done and you may have been better off selling your car elsewhere.
One of the key reasons cars can lose value during an inspection is damage to their interior, exterior, electronical and mechanical areas of the vehicle. It’s worth noting here that if you’re looking to value your car using our online valuation tool, you can opt to add extra details about any existing damage before completing the process and submitting your car for its valuation, this will help us give you a more accurate quote before your appointment.
If there is existing damage or mechanical issues to the vehicle, you can avoid any value deductions during your inspection by having the appropriate repairs made to your vehicle beforehand. Chips and scratches in the car’s paintwork can be filled in and repainted, chips in the windscreen can be professionally filled, mechanical and electrical issues can be fixed during a service, and worn-down areas such as tyres and brake pads can be replaced approaching the time of resale.
This is a great way to increase the overall price you receive for your vehicle, because not only does it improve the overall look and usability of the car, but it will also reduce the cost of any remaining work to be carried out on the car before it is ready for resale. Also, be conscious that customised vehicles can often be more difficult to appraise, and are often of a lower value to potential buyers. For more information, read our guide on selling a modified car.
Understanding the car trade industry gives you a better idea of why the value and prices of cars can fluctuate over the year. While newer cars generally see a considerable rate of decline when it comes to value, there are numerous other factors that can cause the worth of a vehicle to increase or decrease throughout the year.
For example, certain models of car are higher in demand at different times of year, making them more valuable to car traders and buyers as they are much more likely to resell, and at a higher price. Vehicles like 4x4’s are much better equipped for dealing with the wet, muddy and snowy conditions that typically occur throughout winter, making them much more popular during winter months. Oppositely, sporty cars such as convertibles are in much higher demand during spring and summer. So, while selling a 4x4 during summer may allow you to grab a good deal on that convertible you’ve had your eye on, selling during the winter months is more likely to get you a better deal.
Selling before annual plate changes can also help you score a better deal. Once a car becomes a year older, the value inevitably decreases, so if your car is approaching its plate change date (1st March or 1st September) you may want to act fast and sell before any further loss of value occurs.
Don’t forget that car depreciation is still a very large factor, so weighing up if holding out for a better time of year is worth the rate of depreciation on your vehicle. Cars can see up to a 50% loss of value in their first three years, so if you’re looking to sell a newer car, remember that time is money!
This information can also be of great use to those looking to buy a new car. Understanding demand and seasonality can be a great way to score a good deal on your next car; be sure to check out this guide from The Money Advice Service on strategically timing a new car purchase.
When selling your car, there are a few vital documents and extras that you’ll want to keep to hand in order to process the sale and get the best possible price.
While not all items are essential to process the sale of a car, they will improve the overall price you are offered during your online valuation, and at your appointment. Aside from your car, here’s what you’ll need to bring to your webuyanycar.com appointment in order to get the best price for your vehicle:
As we saw above, there’s plenty that can affect the value of a car over even short periods of time, especially when it comes to market value depreciation and demand.
With webuyanycar.com, we offer a 7 day price guarantee that will lock in the price you receive during your online valuation for a whole week after your initial quote. That means that regardless of any changes in market value for your vehicle, you’ll receive the same price at your appointment that you get online, providing the car is in the condition you said it was during your initial online car valuation.
If you haven’t gotten your online quote yet, simply visit our online car valuation page to get your free and instant valuation. From there you can book an appointment at your local webuyanycar.com branch (we now have well over 200 in the UK) and sell your car at a time and place that’s convenient for you.