How to sell a damaged car? A complete guide to maximizing the value of your car!
How to sell a damaged car, this complete guide should help you maximize the value of your vehicle and sell it fast:
Step #1 – Understand the value of your damaged car
Step #2: Make Repairs
Step #3: Prepare your car for sale
Step #4: Advertise your car
Step #5: Negotiate the sale
Step #6: Complete the sale
Dealing with a damaged car is never fun because you probably tried to fix it, tried to contact family or friends to help you get rid of it, posted it online, contacted your mechanic to buy it, talked to the dealer to trade it in , and nothing helped!
Unfortunately, this is a very common situation and many people who own a damaged vehicle and are interested in selling it complain about it. Sure, selling a damaged car is challenging, but if you have the right experience, you should be able to get rid of your damaged car and still maximize your profit.
Not everyone has the right experience, but the good news is that I don’t want the experts to be able to put together a 6-step process to help you sell a damaged car while maximizing your profit without even having prior experience. Let’s take a closer look at these steps and say goodbye to your damaged car!
How to sell a damaged car?
While it may seem like if you have a damaged car, no one is going to be interested in buying it, there are still a few options. The good news is that there are many options beyond what you can imagine, and you can still make a decent amount of money without worrying about having your car towed or paying anything for it.
Here is a step by step process to help you sell a damaged car:
1. Step #1 – Understand the value of your damaged car
Without understanding the value of your damaged car, you won’t understand how much you can ask for it. You may be overestimating your vehicle, thinking that people are willing to buy it, but at the same time, you might think that your vehicle is worthless and list it for free!
In order to find a sweet spot between what is reasonable and what is too much to sell your vehicle, you need to find ways to appraise your car and gain a basic understanding of what it should be worth. There are a few tools and ways to help you assess the current value of your vehicle, and each has its pros and cons. Here are some examples:
Kelley’s Blue Book
The first and most common tool you can try is the Kelley Blue Book. This tool will ask you for basic information about the make, model, year, and condition of your vehicle. Once you enter this information, you will immediately see the price range between the maximum and minimum values you can accept for your vehicle.
The only thing to note about the KBB value is that it does not factor in repair costs. In other words, if your vehicle is damaged, as you mentioned, you have to do the math and subtract all possible repair costs, which can be a bit of a daunting process for some people. That is why you might consider other options to assess the price of your car.
Check with your mechanic.
You can talk to your mechanic and ask him or her to give you a rough estimate of the current value of your vehicle. This should be more than just a paid service as long as you have a prior relationship with your mechanic.
However, some mechanics may ask to be paid for this service, but it shouldn’t be a lot of money and it should give you the correct information you’re looking for so you can post your vehicle asking for the correct price.
Consult other listings
A smart way to determine the current value of your vehicle is to check what other people are listing this vehicle for. For example, you might be lucky enough to find someone trying to sell a similar damaged car to yours of the same make. If that’s the case, check how much they’re asking for and try to buffer and give yourself some negotiation room by listing your car.
Online tool super-motores.com
If you want to deal with all the hassles and get the right value for your car, why not try our tool? We have a tool that allows you to enter your vehicle information and get a rough estimate of your vehicle’s current value.
If you’re happy with the value, you can even go ahead and view your car with super-motores.com, who will come to your private property and pick up your vehicle free of charge. Our auto pickup service schedule is three days, which is great for those looking to sell a junk or damaged vehicle.
2. Step #2: Make Repairs
Once you understand the current value of your vehicle, the next step is to implement car repairs without going overboard. Some people may hesitate to implement car repairs thinking that the vehicle is already damaged and why invest money in it?
Even if your vehicle is damaged, it doesn’t have to look like it. In other words, if you can implement and perform minor car repairs that make it as good as possible, it increases your chances of getting the most out of your damaged vehicle. Therefore, we always recommend that those who sell a damaged car implement minor repairs without investing much.
3. Step #3: prepare your car for sale
Once you decide how much you want to implement your torque, the next step is to prepare your vehicle in general. This does not mean you need to replace components, but it does mean cleaning the vehicle and removing any personal items while you prepare paperwork.
. Start by giving your vehicle a quick vacuum and car wash. Some people can even take it to the next level and wax their cars, making them look their best and making buyers forget that it’s a damaged vehicle. Of course, this might only apply to a few because if the vehicle was involved in a car accident, there is little you can do to prepare your car.
Remember to remove all your personal belongings from your vehicle. When you often own the vehicle for a long time, it becomes your second home. That way, you’ll be surprised at how much paper and important stuff you’ll find. You never know when these people fall into the wrong hands, and that’s what you want to avoid.
Before you even talk to or contact buyers, it’s important that you have all the paperwork together. Remember you were trying to sell a vehicle, not a household item, which means you have to sign a few documents and follow your state’s rules to make sure you have everything.
4. Step #4: Advertise your car
After preparing your vehicle and once the car is cleaned and the paperwork is in place, the next step is to decide where you want to post your vehicle. Generally, most people think that classified websites like Craigslist or eBay Motors are the best places to list vehicles. However, your chances are slightly different since you are trying to sell a damaged car.
For example, consider trading in your vehicle with a dealer. While it may seem like the dealership will accept your damaged car, some dealerships are looking at part replacements, especially if your vehicle is in such high demand.
You can also try selling your vehicle to cash-for-car companies like super-motors.com. These companies guarantee the purchase of your vehicle, so you don’t have to worry about the towing service, convincing the buyer to buy your vehicle, or even preparing it because it will be towed away.
If you are interested in knowing more details, call super-motores.com at 7737914363.
5. Step #5: Negotiate the sale
Once you decide on your approach to selling your damaged car, the next step is to understand how to negotiate the sale. Even if your car is damaged, it doesn’t mean you can’t negotiate the sale and ask for a higher price.
You have to be careful and be prepared to convince the potential buyer that you should get more for your car. For example, you can take an appraisal from your mechanic and say that this vehicle is worth X. This way, the buyer will have something to discuss with you. Still, it’s important to leave room for negotiation to show the buyer that you’re willing to sell.
6. Step #6: Complete the sale
Depending on your state, you must conclude the sale by signing the required paperwork. Sometimes the state may only require the title signature, while others may require additional paperwork, including a specific bill of sale appearance. You should follow your state and look on your local DMV website to understand what needs to be signed.
