As a car owner, you will inevitably reach a point when you want to get rid of your old car and buy something else. You may be downsizing, upgrading, or you may be just plain bored with your current car. You want to get as much money as possible for your old car when you sell it. Here is advice from Auto Source Wholesale on how you can do that.

  1. Check whether selling privately beats trading in

Trading in your old vehicle is very tempting because it is so convenient. On the surface, you seem to be getting a really good price for your old car. The truth is that you are unlikely to be getting the full value of your old car when you trade in. This is because the auto trader has to sell your old car on, so he or she has to build in some margin for profit. It may take longer to sell your old car privately, but the wait may be worth it. You can get more money for your old car from a private buyer.

However, it does pay to shop around with auto dealers, as you may get a really good bargain. You can also save on sales tax, as the value of your trade-in is deducted from the actual sales prices, and you only pay tax on the money you hand over.

  1. Get your car ready for sale

When you put your car up for sale, anybody who expresses an interest in buying it is almost certainly going to check out other cars as well. That means you are in competition with other sellers, and you have to make your offering stand out in some way.

At the very least, give your car a thorough cleaning, inside and out. Depending on how old your car is, and how poor a condition it is in, you may have to spend some money getting it clean.

If you’re upholstery is badly stained and you cannot get rid of the stains, invest in seat covers. Remember to get rid of bad smells. If people have smoked in the car, you need to get rid of stale tobacco smells. Use deodorizers, and air the car as much as possible.

  1. Check out what you could do to add value

If your car’s body has scratches or dents, check out how much it would cost to repair them. Restoring the body to good condition means you can ask for more money. Fix any obvious mechanical problems.

  1. Make sure you are not asking too much

Do your research to find out the average price for your type of car. Be realistic in judging your car’s appearance. You must be able to justify the price you are asking.

  1. Reach a wide audience

The more interest you can generate in your car, the more likely you are to find somebody willing to pay top dollar. Use social networks and other online outlets to market your car. Use flyers and local publications to promote it locally. Don’t forget to tell all your friends and acquaintances that you are selling.

It takes a bit of effort to make sure you get the maximum possible amount of money for your car, but the effort is worth it. Not only will you have more money in your bank, you will have a sense of achievement. For more tips, see what the USAA has to say.