How Can I Get The Most Money For My Car

If you have a car that either doesn't run at all any more or is spending most of its time, and your hard earned cash, at the repair shop, it might be time to let it go. Even if you don't think trading it in is an option, there are still ways to get something out of it. There can be pitfalls when selling a junk vehicle. I got decent money for my car recently, but only after I took some good advice.

Do not try to color the truth when it comes to the auto's condition. Every state has a version of the Lemon Law. Lemon Laws were created to protect buyers from unscrupulous sellers claiming the cars they sell are in better shape than they really are. If you sell a vehicle with a safety defect, without informing the buyer, you will probably be held liable for court costs, penalties, and fines if the buyer sues you. You must be absolutely truthful about your vehicle in order to stay on the right side of the law.

You have to know the worth of the junker you are selling before you start advertising it. You can get comparable sales close to you by going online and inputting the specific information about your vehicle. You can also get free values from automobile books online. In addition to the price, you can find out the cost of parts that you know will be needed to repair the vehicle. That number should be subtracted from the gross sales price.

Watch out for scammers. If you know how much the vehicle is worth, you won't be as vulnerable to scammers, but you can't assume you won't be tested. There are signs to beware of that indicate someone is setting up a scam.

A buyer wants to purchase a vehicle sight unseen, and wants to give you a personal check for it. Accepting a personal, or company check, under any circumstances is a bad idea. If the check's bad, and the car's gone, you're out of luck.

A buyer may tell you he loves the car, but doesn't have quite enough cash to pay in full. If he asks to make installment payments, turn him down. Scammers make one payment and disappear. Another buyer might ask to test drive your vehicle. That's fine as long as you get a copy of his driver's license and insurance card before you let him drive off.

Sell your vehicle as is. This means you aren't giving the buyer any warranties or guarantees about the vehicle and its condition. You have to be completely honest about the state of the car however.

Bump the sale price up a little above what you really want for the vehicle. You should anticipate that buyers will try and negotiate the price with you. Have a simple contract ready for you and the buyer to sign that outlines your agreement, including the as is status of the junker.