Do you have an old, damaged or undrivable car that you need to get rid of? Have you considered all of your options?
While it might be tempting to try to sell the car online to a private buyer, finding someone to purchase a vehicle in less-than-ideal condition will prove difficult. Your car could sit on the market for months before you get a serious offer.
Most car dealerships won’t buy your car or even consider it as a trade-in. Your best bet lies in picking cash car buyers.
But how do you find a buyer who will give your a fair deal? Keep reading for everything you need to know about selling cars for cash.
Understand Your Vehicle’s Condition and Value
If you want to get a fair car price, you need to learn more about your vehicle’s value. Aside from its age, model, and make, your car’s condition will play a large role in its value.
- Interior condition
- Exterior condition
- Mechanical integrity
- Electrical integrity
- And more
We recommend using car valuation sites to get an estimate. However, selling prices vary based on the method of selling. You won’t get the same price from a car cash buyer as you would a private buyer.
Get a Free Initial Estimate
When picking cash car buyers, reach out to the top companies in your area to get a free quote for your car. This quote will be based on the information you provide. Keep in mind that this offer could change based on their inspection when they come to collect the vehicle.
Find a buyer who buys junk cars for a fair price. Selling cars quickly is an appealing concept, but not if you get ripped off in the process.
Read Online Customer Reviews
To confirm the credibility and reliability of the local car buyers, go online to take a deeper look into each company. Reading online reviews is an important step in picking cash car buyers. Find out what the other people they’ve worked with in the past have to say about their services.
Do other car sellers feel like they were given a fair price for their cars? Do they recommend selling old cars to the company they used? What about the car buyer’s customer service and communication skills?
Ask About Free Towing and Assess Their Final Offer
Make sure the company you’re working with offers free towing. If you get a great price for your car and then have to pay the company a few hundred dollars to tow it away, it might not be worth it.
Finally, when the car buyer comes to pick up your vehicle, they will inspect it in person and confirm their offer. They may change their offer to something lower based on what they find. In this case, you’ll need to decide if you still want to sell your car to them.
Having Trouble Picking Cash Car Buyers?
Picking cash car buyers can be a tricky field to navigate. Choosing the wrong buyers could result in a low payoff amount or additional towing fees. Use our guide to vet your options skillfully and make the right choice.
For more consumer tips or lifestyle advice, look through the rest of our blog. Our website is full of content created to help people like you make better financial decisions and life choices.