Have you ever wondered what the best place to sell your car is? Best place for such a purpose can be the one which agrees to buy your used car without any extra conditions as well as to offer you a suitable price against its sale. Also, doing all of this in a smooth, efficient and transparent way.
There are various options as to where you can sell your used car. These include selling to private buyers through classified ads, car dealerships and car buying specialist companies. All such options have their own pros and cons. Some pros may outweigh cons of one option while vice versa for others. Furthermore, people may prefer one option over another due to their personal experience or through word of mouth.
Whatever the case may be, it is important to know some of the pros and cons of these options especially when you are considering to sell your car anytime soon. This article will discuss these pros and cons for used cars classified Ads along with those of Car buying Specialist so that you can have a better idea as to which option may be best for you.
Best place to sell your Car: Is it Classified Ads?
Classified Ads are those which are mostly found in newspapers, magazines and even certain online classified websites. There are several classified advertisement websites where you can sell your car online especially used cars. Depending on their popularity, they receive traffic of both buyers as well as sellers of used cars from the relevant vicinity. Most of these classified websites have certain conditions and formats required by the sellers to fulfil in order to post their used car advertisement.
Following are some of the pros and cons of selling your car to private buyers online:
Pros:
- If you have as many keywords in the descriptions as possible then you can be able to reach a larger audience
- Posting a classified advertisement for a used car is free most of the time and you can do it from home.
- You are able to search and compare with other advertisements with similar used cars and conditions while also have the chance to interact with other private sellers.
Read Also: How to Sell a Car Privately?
Cons:
- Due to the vast amount of sellers on the online classified websites and competition among similar cars, there is pressure to add details that may stand out from the rest. At times sellers may post some misleading information to attract the customers.
- As you will have to provide your personal contact information, there is risk of it being misused by a lot of people.
- You will come across various kinds of buyers contacting you. You will have to ask them to meet at your house or at some other point. This may be risky.
- The negotiation process may be a hassle for most. Certain potential buyers are hagglers and take up too much of your time without any end result.
Sell Used Car through Car Buying Specialist Companies
You can also sell your car through car buying specialist companies. These companies are professionals who are well versed in the automotive industry, the current prices prevalent for used and new cars as well as how to value those cars.
Sellers who choose these companies are encouraged to use their online website to take an appointment for valuation and sale of their used car. Some of the pros and cons for the car seller of using these companies are as follows:
Pros:
- They provide free online car valuation services on their official website as part of their car sale process, with few details of requirement about the used car. This car valuation allows the seller to have an estimated amount in their mind against their car.
- The car valuation process does not end at the website only, like various other car valuation websites. These specialists encourage the sellers to bring their car to one of their outlets. There, the car valuation specialists evaluate the condition of the used car and then give you a realistic quote.
- These companies ensure that the seller gets the best price against their used car and not get an undervalued amount.
- Regardless of the condition of the car, the brand and how old the model is, these car buying specialists agree to buy any car from a private car seller. Only condition that it should be somewhat presentable.
- The whole process of selling your car to specialist car buying companies gets done in a fairly short time.
Cons:
- Due to limited information at times about the used car on their online valuation services, the amount quoted after initial valuation can be overestimated.
With these mentioned pros and cons of the two methods of selling a used car available in the used car market, you can judge the best place to sell your car.
If you want to sell a used car in the UAE, try our car valuation tool and take the first step towards selling a car in just 30 minutes.