Selling of your car is normally an emotive process, many times one has to let go due to factors such as age, financial constraints, technical issues and upgrades. Before you sell your vehicle, one has to ensure that it is in mint shape, so that it can fetch a good price and serve the next customer well. Here are 5 car selling tips you should know.
Body and Mechanical check-up
Before selling your vehicle always ensure that it is mechanically sound and you have sorted all pending issues like leaks and vibrations. Always ensure that you give full disclosure to the new owner on all issues that the vehicle has. This will help them decide to take the car as is or refrain from purchasing it.
You may also take it to paint shop for a touch up on areas where you may have had dents and scratches. Sometimes just a good buff will restore its original colour. This includes faded headlamps, body trim parts like the scuff plate and wheel arches.
Inside you may take it for a proper valet service where they remove the seats, carpet and roof lining, giving the car a good scrub. Once that’s done you may spray some upholstery finisher on the dash and door panels just to give the car a pristine look.
In case the upholstery is torn or in a poor state, you may visit one of the upholstery centres where they can sell your seat covers to make the seats presentable.
In order for you to fetch the best price for your car, find out the average selling price of the model by visiting various car yards.
Visiting these areas will give you a rough estimate on how to cost your vehicle fairly, without undervaluing it.
Asses Value of The Car
Once you have done your market research, you may visit an assessor to determine the real value of the vehicle. Consider using certified assessors like AA Kenya.
It’s usually done at a fee and they use the real value to determine its insured risk.
This report is valuable as you can use it as a bargaining tool when selling the vehicle to ascertain its real value based on its current condition.
Ensure you have all ownership documents in order and transfer ownership. This is if it was a vehicle bought via asset finance. This can be done by visiting the NTSA TIMS website which allows you to check and verify the status of ownership.
On that note prepare a sale agreement for a potential client. Use your lawyer to get this sorted. Upon conclusion of the sale, the buyer will co-sign the document in the presence of a witness. Once the transfer is done, you can now visit the TIMS website to conclude change of ownership.