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The Easiest Way to Sell a Car in Ontario! [2022]

The Easiest Way to Sell a Car in Ontario! [2022]

With the used car market on fire, you may want to sell your used car and make a profit in the process. That's why we're going to tell you the easiest way to sell a car in Ontario.

 

There is no denying the market has experienced unprecedented growth, but there are some important things you must bear in mind when selling your used car if you want to capitalize on this opportunity.

 

Do you know what your car is worth?

 

Not all cars are valued the same way, especially when talking about used cars.

 

There are some models that have a higher resale value than others, so you will need to determine what the current fair market value is for your specific make and model.

 

One resource you could use to determine what a fair price would be is Kelly Blue Book. This website will give you some insight into what a reasonable asking price is, but you need to add a buffer for negotiations.

 

Along with adding a buffer for your negotiations because no one ever pays sticker price when dealing with used cars, you also make take into consideration your location.

 

If the buyer needs to ship the car to his/her home and it is in another province, that has to be considered, or you risk losing out on a good deal.

 

Importance of meeting your prospective buyer in person

 

While the prospective buyers may be in another province, you still need to meet up with them in person.

 

There are many scams that take place online, and since used cars are a hot commodity, there are scams targeting used car sellers like you.

 

The risk of being ripped off is massively reduced by meeting up with prospective buyers in person.

 

Selecting the right places to advertise your used car for sale

 

This step will require some leg work from your end; there are many different platforms like Copart where you could put your used car up for sale.

 

Some of these platforms have an upfront cost to list without any guarantee of getting a sale.

 

One popular option is using platforms like AutoTrader, which attracts millions of visitors throughout Canada.

 

The Easiest Way to Sell a Car in Ontario

 

If you are looking for a fast and safe way to sell your used car, then you should consider selling your used car through a local dealership.

 

The dealership is going first to assess the current fair market value of the car, and based on that appraisal, they will make a firm, cash offer on the vehicle.

 

You do not have to take the offer, but should you accept it, you get paid immediately and do not have to deal with any of the risks that come with trying to sell the used car on your own.

 

Now that you know what is involved with selling a used car, you can reach out to your local dealership and see what they are willing to pay today for your used car.

 

Used car prices could drop at any time, so be sure to call the dealership right away.

 

If you’re looking to sell your car this year fast for a good price, we’d love to buy it! Simply fill in the form below and we’ll get back to you ASAP. 

 

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