Selling a car can come with a ton of potential pitfalls, especially when it comes to getting the best possible price for your vehicle. From lowball offers made by car salespeople during a part-exchange, to paying the various fees involved with listing a car with classified ad websites.
At webuyanycar, we’ve quickly become the UK’s favourite online car buying service, and we have plenty of car buying experts on our team who can help you get the best price for your car. Here are some handy tips you can use before selling to ensure you can get as much money as possible when it comes time to sell.
One of the most obvious, yet impactful factors to consider when selling your car is the current condition of the vehicle, and how you present it to a potential buyer. If the car has obvious cosmetic damage such as deep scratches, a cracked windshield or broken wing mirrors, these are likely to reduce the amount a buyer is willing to pay for the vehicle, particularly if the car has been in an accident
To get the best price for your car, repair as much cosmetic damage to the vehicle as possible and ensure the interior and exterior areas are clean and presentable. If you’re aiming for a private sale, you may benefit from replacing the car’s mats if they are currently too worn and dirty to simply clean.
A vehicle’s service history can also have an impact on how much money you can get for your car. A full or complete service history informs the buyer of any work carried out on the car, as well as any historical faults or issues with the vehicle. The less service history a car has, the less informed the buyer becomes about the vehicle, and therefore the purchase becomes somewhat riskier.
To keep the value of your car as high as possible, be sure to keep hold of all MOT and service records which can be passed over when the vehicle is sold.
Selling your car before the annual ‘plate change’ will ensure your car is not considered a ‘year older’ when compared against a more recent range of vehicles. For example, a ’62 plate’ car (produced in 2012) would have been the latest in its line, until the release of the ’63 plate’ models a year later.
There are two annual plate changes each year as there are two sets of ‘age identifiers’, which are the two numbers in the centre of the Registration Number.
If the vehicle was made in March, the year will be displayed by two digits which represent the last two digits of the actual year the car was made. For example, plates produced in March of 2016 will feature two digits reading ‘16’, as in ‘2016’. The plate change for these cars occurs on the 1st of March each year.
Vehicles that are produced in September will also feature two digits which represent the year; however in this case we use the digits from above, and add 50. For example, cars made in September 2015 will feature a ‘65’, because 15+50 = 65. The plate change for these cars occurs on the 1st of September each year.
So, if you’re looking to sell your car in the near future, be sure to consider when the next plate change will occur and aim to sell it before that date to avoid any annual devaluation.
These simple tips can be hugely effective when looking to get the most money for your car at resale.