4 Steps to Sell Your Used Car in Botley
Selling your used car may be a scary process, especially if you've never done it before. Regardless of how you go about it, we at Moneyshake want to show you that you can obtain the market value of your used car without having to jump through hoops.
1. Get a valuation for your car
When you decide to sell your car, the first thing you need do is receive an accurate assessment. Many variables influence the value of your car, including:
Age \ Mileage
Model and make
Current market pricing
This is the most important aspect influencing the value of your vehicle. There is no way to appropriately price your old motor without the assistance of industry pros.
There are now internet firms that will provide you with a free valuation for your vehicle based just on the registration and mileage.
2. If you have a new dream car in mind, consider part-exchanging
Part-exchanging your old automobile with a dealership is one of the finest methods to get rid of it if you want to buy a new one.
The beauty of part-exchange is that it allows you to kill two birds with one stone. You get to get rid of your second-hand car while still completing the transaction for your new model. Typically, this entails you utilising your second-hand car to offset some of the cost of your new car.
This method of selling your used car in botley usually works well with car finance arrangements such as PCP (Personal Contract Purchase). This is due to the fact that the car you're trading in might be utilised to cover a portion or all of the deposit on your new model.
While part-exchanging may appear to be the solution to all of your problems, there are a few factors to keep in mind. A dealership, for example, will frequently pay less for your used car than a private buyer. This is because they offer discounted part-exchanged models to used car dealerships in the UK.
3. Make sure your used car is in good condition
It is essential to keep your second-hand car in good condition in order to earn a decent price when you sell it. Of course, a used car will not appear like it just rolled out of the showroom. However, there should be no noticeable damage to your car when you come to sell it, or you will most likely receive less than the car is worth.
You shouldn't be pinched for price when selling a used car as long as its condition matches its age and miles on the clock.
Check the following items to ready your used car for sale:
- It's spotless from the inside out. More information on how to accomplish this may be found in our auto cleaning guide. Alternatively, you may have it professionally valeted at a reputable car wash near you (be sure to check online reviews beforehand).
- Check that everything is in working order. Before you sell your car, make sure that everything works properly, from the engine and brakes to the electrics. Check the service history of your used car before selling it. In our maintenance guide, you can learn all you need to know about getting your car serviced.
4. Cancel your insurance and reclaim any road tax
You may not have realised it, but when you sell your car, you can obtain a refund for any outstanding months of tax. To cancel your road tax and receive a refund, you must notify the DVLA (Driver and Vehicle Licensing Agency) that you have sold your second-hand car to someone else.
Following this, the DVLA will terminate your car tax. If you pay your tax by direct debit monthly, it will be immediately cancelled.
Visit GOV.UK to learn everything you need to know about cancelling your car tax.
Do you need a new automobile if you sell your old one? Moneyshake compares lease agreements on every brand and model and displays the lowest price available at the moment from our carefully selected providers. So you won't have to waste time searching numerous websites or calling around.
Your new car's monthly payments are fixed, and each plan includes free delivery, the complete manufacturer's guarantee, and road tax.