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Things to bear in mind when selling a used car in Guelph

Things to bear in mind when selling a used car in Guelph

If you are thinking about selling your used car, we got some good news for you. There has truly never been a better time to sell a car in Guelph, I know that sounds cliche but it is true.

There are reports about used cars selling at record prices due to a lack of inventory. You may be getting excited about the prospect of getting paid a considerable amount of money for your used car and while there is a good chance you will do well, it is critical you follow our suggestions.

What is your used car worth?

Pricing out a used car is more of an art than a precise science. There are a few variables that go into play like the mileage and overall condition of the car. Another variable is the make and model of the car, this is of particular importance if the car is plagued with recalls.

There are websites like Carfax, Kelley Blue Book, Auto Trader, eBay, Craigslist and Kijiji, that you can visit to find out what similar cars have sold for in the past. You have to factor in the location of the seller, where you are located in Canada impacts the price you can charge.

If you are in Moncton New Brunswick and the buyer is in Victoria BC, the buyer has to pay to get the car delivered to them which impacts the amount they can pay you.

Finding buyers that have the means to meet your asking price

This is a challenging part of selling used cars, you will come across people who give you lowball offers. These buyers are looking for desperate sellers who need quick cash but even these buyers may not have the cash on hand to pay you.

Aside from trying to locate qualified buyers, you also have to worry about dealing with a variety of different scams that are being conducted online. A common one is when a buyer sends you a check via courier for the car and has someone pick up the vehicle. They can use the pandemic as a legitimate excuse for why they cannot meet in person.

The check is no good but it will take days if not weeks before you find out because the check is drawn on a bank account that does not exist. By the time you realize that it was a scam, your car is gone and could be on a ship overseas! We are not trying to sensationalize things, these scams happen and you need to be on your guard.

Bypassing all the hassles

If you want to bypass all of the hassles and stress associated with selling your used car, you can just bring your used car to a local dealership for an appraisal. The appraisal only takes a few minutes and you will walk away with cash in your hands.

Since there is a limited supply of used cars available in the market, dealerships are willing to pay a very fair price for your car but you need to make the first move and contact them.

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