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Key Prep for Selling a Car in Ontario this Summer

Key Prep for Selling a Car in Ontario this Summer

You will need to do some important things when selling a car in Ontario. We have put together all of the key things you should do to help increase your chances of selling your vehicle.

 

The first thing you should ask yourself is whether you can live without the used car? This may sound like a silly question, but there is a chronic shortage of vehicles around the world; it may take weeks, if not months before you can purchase a new car.

 

Key documents you will need to prepare when Selling a Car in Ontario

 

The rules in Ontario are slightly different than in other provinces; you will need to order the official used car sales kit from the Ontario Government, which costs $20.

 

This kit will come to you in the mail, and you cannot sell the car without it, so you need to wait for it to arrive.

 

Another set of documents you will need to prepare is the service record of the car.

 

Potential buyers would like to know if the car was properly maintained; by compiling all of the receipts you received for the work performed on the vehicle, you will be able to negotiate a higher price because the vehicle was properly maintained.

 

The last document you will need to provide is the lien release sent out by the lender that helped finance the purchase of the car.

 

This document proves there are no active liens against the car, which would prevent a new buyer from registering the vehicle. Do not try to sell the vehicle without getting this document.

 

Listing your car on the best platforms

 

There are multiple platforms out there that let you sell things, but your best option would be to list your vehicle on websites that focus primarily on vehicle sales; websites like AutoTrader are a good example.

 

Avoid social media platforms like Facebook when trying to sell your vehicle. While Facebook has marketplaces that allow used car listings, the people who use social media are not actively looking for a car and will try to lowball you.

 

There is also a considerable amount of fraud that happens on social media, so please heed our advice and stay away.

 

An easier way to sell your used car for cash

 

There is an easier way to sell your used car for cash; you can bring your vehicle to a local car dealership. The dealership is constantly buying and selling cars, so they would be happy to buy your car, but they will need to calculate the value of the car first.

 

After the car dealership has completed the appraisal of the car, they are going to make an offer on the car.

 

This offer is all cash, you aren’t obliged to accept the offer, but if you do, then you get paid on the spot.

 

So, when you go to the dealership, you avoid all of the headaches and hassles that come with selling a car on your own. Now that you know what is involved, you just need to decide which approach is the right one for you.

 

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

 

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