Selling a brand new or a used car can be a harrowing process for you. As a seller, you would also have to get through tons of paperwork. You might get duped by a false buyer and sometimes, not having the right set of information about a buyer can put a lot at stake.
The last thing you as a private car seller need is a cunning car dealer. Avoid any kind of tricks and scams that these guys apply on you. You have to focus on increasing your own bottom line. In order to help car sellers such as you avoid less pay coupled with a sour experience, we have compiled a list of reasons why selling your car to a dealer could be a scam. This list also includes common tricks used by unscrupulous car dealers who approach you as buyers.
Below are some reasons why selling your used car to a car dealer could be the worst option ever.
- Over interested dealer – Most car dealerships would approach you to buy your used car instantly. They could express their interest regardless of your car’s condition, mileage etc. Major dealership chains come with a buying policy to dupe you as much as possible. Once you are willing to sell it to them, you will get stuck in a honey trap. Before heading down to a local dealer and letting them entwine you with sweet words, set your priorities right.
- What car do you have? – If yours is an older model, it might surely possess certain imperfections. Major issues like parts not working or bad tires, dents, and scratches will get you into a lot of trouble. So getting an offer from a new-car dealership is what you should readily avoid. These dealers might undervalue your car and underpay you as much as possible.
Instead, find out the real trade-in standing and value of your car. Use Kelley Blue Book for the best possible market cost of your used car. Once you have a fixed figure in mind, you will be well armed to face used car buyers, that obviously includes greedy dealers.
- Step into a dealership, but not to sell – Readily step into a dealership. If you are all set about selling the vehicle, you must know how much lesser a particular dealer is actually offering you.
Be as realistic as possible. Just when your dealer looks over the car, you will strike a good deal with a cash for car buyer. In front of a dealer, you will have very limited negotiating power. Especially if you are asking for cash and not trading in your car for a new one.
If you are sick and tired of the responsibilities that come with selling a used car, do not worry. We are here. It is always easy to list your car on an online portal but very few people actually have the time and patience to schedule meetings with dealers and other potential buyers. Fewer than them actually negotiate a price, verify payment, or work with buyers who require financing.
Selling your used car yourself will for sure get you more money, The process will take time, but a cash for car buyer will do justice to your vehicle better than any dealer.