If you are looking to sell your old car after buying a new one, the Internet is a godsend. There used to be a time when you had to place an ad in a local newspaper or display your vehicle out there in front of your house and hope that somebody will take an interest.
There are different ways to get rid of your old vehicle. You can trade it in for another car, sell it to friends at a lower value (friendship rate exists), or at an auction. Still, the question of “how to sell my car fast?” might be on your mind right now. Fortunately, there is a very simple way to do it through a car buying service.
A car buying service works exactly as it sounds. They will buy your car for cash and take the problem away from your hands. You do not need to spend money on ads, go to social media to tag your friends after posting a for-sale message, and be subjected to the indignity of being offered a low-ball price. Here are the steps of selling your vehicle to these car buying services:
1. You fill up a form, which will give the buyer an idea of the car manufacturer, age, model, and also your location. You will also tell the company about whether or not the vehicle is in good running conditions or if it has issues. And if so, what types of issues are they?
2. The company will then give you an estimated valuation of the price of the car. It is recommended that you have an idea of what your car is worth. With that in mind, make sure you leave room for negotiation. You must understand that they are also a business, so do not expect the full value of your car because that would be unreasonable.
3. The price offer will be better than the dealer, so you can rest your mind a little bit. They may also send over mechanics to have a look at the car.
4. Submit all the required documents. The company will typically take care of all the legal requirements and will shoulder all the associated costs.
5. Get paid within 24 hours. Most of these companies use OSKO, which will clear the payment within seconds. Most banks, even the smaller ones, accept this gateway service.
6. The car buying service will pick up the car from your location and will also pay for the rego transfer cost.
So, the car buying service is the answer to the question, “how to sell my car fast.” If you meet the criteria and have submitted all the necessary documents, you can get paid within 24 hours. They also buy all models from Isuzu, Honda, Fiat, Toyota, Land Rover, or even luxury cars like BMW, Lexus, Mercedes Benz, and Audi.
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However, you should know the difference between a car buying service or a junk my car for cash service. The latter does not worry about the condition of your car, and a car buying service would not purchase a vehicle older than 2006 or with 180,000-kilometre mileage on it.
Once the deal has been completed, you can move forward without worrying about the car buyer calling you up every now and then for “issues.”