If you are looking to sell your classic car for a great price, you are going to need to follow a few guidelines in order to get the money you want. Classic cars that have been respectfully and carefully maintained generally sell at a good price. As a used car seller, you are going to have a lot of options at your disposal. Whether you’re deciding how to best market your vehicle, where to sell him, and more.
If you’re new to this market, take a look at these great tips to get a better idea on how to get the best return for your classic car.
Get Your Car Inspected
Before you even consider putting up your car for sale, make sure to take it in and have it inspected by a trusted mechanic. If there are minor repairs that can be done to increase the overall appeal and value of the car, it is in your best interest to do so so that you can get the biggest return available to you when you decide to sell.
This is another step to take before you even put your car on sale. Do your research well and find out what other buyers are paying for the similar type of vehicle that you own. The classic car resale value is higher if the car still has many of its original parts. That means that if possible, you should avoid replacing to many parts if you can help it.
It’s All About How You Advertise
One of the major keys to selling a classic car at, or even above it’s full value, it how you advertise your car. Contact car dealers in your area to first find out if they are potentially interested in purchasing your vehicle so that they can sell it. Post an ad in your local paper or news bulletin. Hop on to popular online private dealership websites so that you can find a large potential customer base. Beyond that, also consider asking friends and family to spread the word for you.
Make sure that no matter where you are posting, take a bunch of different pictures that show the car from a lot of different angles so that potential buyers can get the full idea of what your car looks like.
Be Prompt and Courteous
When a potential buyer gets in touch with you, make sure that you reply to their inquiry in a quick and courteous amount of time. It is important to treat selling your classic car like a job. You should also make it a priority to be able to show them the car in person at a time and location the works for both of you. In the end, they are the customer and it is important for any potential buyer to feel that you are putting their interests first.
Quote a Price
While you are posting to online and paper ads, make sure that you are quoting a price that is suited to the type and condition of classic car that you are selling. To negotiate a great deal, make sure that you start with a price that is slightly higher than the actual value of the vehicle, or slightly higher than what you are willing to pay. That gives you somewhere to go if a potential buyer wants to negotiate for a better deal for themselves. If you start somewhat high, there is a better chance that both parties will leave happy.
Take Advantage of the Internet
Advertising online has already been mentioned, but it is so useful that it is important to mention more than just once. The internet makes it possible for potential buyers from all over the world to view your car. While there are quite a few online marketplaces that charge private dealers for posting their car, there are a many number of online options that are totally free. It is important to set up a separate email address for your sale so that you can easily and efficiently stay up to date on your potential buyers.
Contact Auction Houses
If your classic car is truly a one-of-a-kind gem, you may want to consider getting in touch with a professional broker or auction house. These auction houses of course charge a premium, but they will also make sure that your car is getting in front of the best possible audience and true connoisseurs who will not only pay top dollar for your car, but take care of it with the love and care that you would yourself.
As mentioned, these kinds of sellers are going to take a cut of the sale, so make sure that you weight your options before you go this route. You can also opt to see if you can sell yourself on an online auction house, though this does not typically yield the same kind of committed buyers.
Now that you know what to do, there are some other tips regarding what not to do”
Don’t Rely on Old Info
Because your car has been around for so long, you run the risk of finding prices and specs that are outdated. Make sure that you stay up to date and have all the information regarding your specific vehicle. It will help you set an accurate quote for your car, and will let potential buyers know that your serious about the sale.
Don’t Quickly Craft Your Ad
Do not assume that just because you have a beautiful classic vehicle that customers are going to be lining up to make a purchase. One of the most important things you can do while trying to sell your car is developing a great marketing strategy. Make sure to take your time to craft a magnetic and positive ad that highlights why someone would want to buy your car. It can go a long way in not only attractive prospective buyers, but also in getting the most money you can get for your vehicle.