The VIN Key: How Does Sharing Your VIN Help You When Selling Your Old Car?
Sharing your VIN when selling your old car helps speed up the car sales process and makes you more transparent about the condition of your vehicle, which convinces the buyer to accept your vehicle.
Selling your old car can be daunting, especially if you haven’t gained prior experience yet. You may have to figure out where to start and not be able to identify what can help you make the process as successful as possible.
One of the one things I don’t want the experts to recommend is sharing your VIN when selling your old car. This helps you be more transparent with the cable and provides additional benefits to be aware of.
This article walks you through everything you need to know to help you understand the benefits of sharing your VIN when selling your old car, and also highlights some tips on exactly how and when you can share the VIN with the buyer.
What is a VIN and why is it important?
Your vehicle’s VIN or Vehicle Identification Number is one of the most important pieces of information about your vehicle that you should know where to find and how it can benefit you. This VIN is a 17-digit code that details your vehicle’s make, model, production dates, and more.
If you don’t know where to find the VIN, you can try one of the following:
- On the driver’s side door jamb
- In the vehicle registration document
- on the board
If you are having trouble finding your VIN, you can check with your mechanic or ask the dealer if you bought your car from a dealer.
So why is the VIN important when selling a car?
Many car salesmen wonder why this VIN would be important when selling a vehicle. The short answer is that sharing the IN with your buyer allows them to access the vehicle’s history and learn of any previous accidents or services performed on this car.
We will provide you with a detailed list of all the potential benefits you can get from sharing your VIN when selling your vintage car.
Is it safe to share your VIN?
Some people think that sharing the VIN with the leads is not a good idea because it involves sharing important safety documents about the vehicle. However, that is not the case because the VIN is something general that does not include personal information about you, and only highlights some background of the car.
Many experts encouraged sharing your potential wireless VIN and listing it to help the wire learn more about the vehicle and understand that you’re not trying to hide anything about the car.
How to share your VIN with the sale of your old car?
The good news is that automotive experts provide a list of locations or occasions to help you correctly share the VIN without having to deal with any complications or consequences. Here are some tips:
1. Please provide the VIN in the listing
The first and easiest thing you can do is provide the VIN on the listing. For example, if you’re creating a Facebook marketplace or Craigslist listing, you can include the VIN in the vehicle’s description. You need to have this VIN clear enough and allow people to see that output correctly.
2. Please show the VIN in the photos.
Other experts prefer to provide the VIN in the photos. They indicate that most people are willing to look at the photos instead of spending time reading the text. Therefore, by providing the VIN in the photos, you allow buyers a much easier way to track the VIN and find more information about your vehicle.
3. Share the VIN verbally
You can verbally share the VIN if you need to list your vehicle on any classified website and have a potential buyer. This allows the cable to search for the vehicle and get more details about the vehicle’s history and any repairs implemented on this car on its own.
4. Provide the VIN on the contract
Finally, if you are not comfortable providing the VIN verbally at the beginning when selecting Buyers, you can provide the VIN in the final deal when you sign the contract. This information can be included before the buyer signs the dotted line at the end of the contract.
How does sharing your VIN help you when selling your old car?
Many still need clarification on the benefits you can achieve by sharing your VIN when selling a vintage car.
1. Trust established
The first and most important benefit of sharing your VIN when selling your old car is building trust between you and the buyer. Remember that this VN provides the buyer with access to the vehicle’s history and any possible repairs or upgrades implemented.
This way, you don’t have to worry about anything you’re trying to hide or anything critical about the vehicle you’re not sharing. Therefore, the first thing that will happen is that the buyer will trust you and have a better chance of negotiating your price while giving you the correct and accurate offer.
2. Avoid fraud
The other thing that sharing the VIN with the buyer will do is prevent fraud. Many buyers are very concerned about buying a vehicle that was stolen or salvaged, so by sharing this VIN; you confirmed that you were the legal owner of the vehicle. Therefore, the buyer will be more encouraged to check the vehicle and buy it even if it has some problems.
3. Provide accurate prices
When the lead has access to the VIN, he’ll immediately understand why you’re asking or listing your asking price. This helps you show that your vehicle is valuable and does not have any major issues that you are hiding. Also, the VI could be excellent proof of any upgrades, upgrades, or potential repairs you’ve made to the vehicle.
Therefore, the buyer will have no problem paying your sales price or negotiating a closing price for what they are asking for.
4. Speed up the checkout process
Finally, by having the VIN listed in your photos or on the listing, you are fine tuning and speeding up the process of selling your vehicle. The buyer will have immediate access to the vehicle and will not be able to understand everything they need to know about it before buying it. So you don’t have to worry about waiting a long time for the buyer to check the vehicle’s history or try to get a mechanic to check the vehicle out.
Even if this happens and the buyer decides to bring a mechanic, which is fine, you still won’t have to deal with the lengthy process of selling the car because the mechanic will confirm that the vehicle is in good condition, especially if the VIN confirms it. .
What to do if my VIN shows Damage Histories on my vehicle?
Should not be a problem. Initially, you need to be clear and honest with the buyer that your vehicle has a problem or was involved in an accident. This way, you don’t have to worry about what the buyer will say when they see the car.
Many people will think that hiding this information about past damage will help and improve your chances of getting a higher deal. However, that is not always the case, and a lot of time could just be a waste of time and a scam for people.
Imagine you have a vehicle involved in a major car accident or flood damage, and you listed it on Craigslist. Then the buyers looked at your car and didn’t realize it had a problem, so they decided to meet with you. At the time of the meeting, they immediately realized the vehicle had a problem, and all that time was wasted because the buyer walked away immediately.
So you shouldn’t worry too much about any car damage history on your VIN, as long as you’re upfront and clear with the buyer. You can even provide details about what the accident involved and what damage was to increase your chances of receiving a fair offer that reflects the current value of your vehicle.
conclusions
Sharing your VIN when selling your vintage car provides many benefits that could help make the process as successful as possible. As mentioned in this article, some benefits include establishing trust, preventing fraud, providing accurate pricing, and more.
