How to Sell Used Automobiles
- 1). Get your automobile ready to sell. Clean, wax, vacuum and complete any minor repairs to make the car look as new as possible.
- 2). Locate the automobile's title and acquire a bill of sale and vehicle transfer form. You will need these at the time of sale. You may also want to make sure that all outstanding tickets are paid and registration is up-to-date.
- 3). Determine your asking price. This can be done through research sites such as Kelly Blue Book (www.kbb.com) or simply by scouring the classifieds to see what other sellers are asking for your particular automobile's make and model.
- 4). Announce your intent to sell. Post an ad in the local newspaper, online (craigslist.com is a popular site), in the window of your automobile or a combination of all three. When placing your ad, be as detailed as possible and point out enticing features such as low mileage, quality and aftermarket add-ons.
- 5). Go to www.carfax.com and print out a car history report. Showing a documented history to car shoppers may reduce concerns about the condition of the car.
- 6). Meet with prospective buyers. Before letting anyone drive the car, make sure they have a valid driver's license. During the test drive, do your best to answer any questions the buyer may have.
- 7). Once you find a buyer that is interested, negotiate on price until you're both satisfied. Ask the buyer to pay you in either cash or a certified check. Personal checks should not be accepted.
- 8). Complete the bill of sale and transfer the title to the buyer. A release of liability form may also be required. Once the transaction is complete, cancel your insurance on the automobile.