It can be a daunting task. You know it’s best to sell your junk Mercedes car after years of good service. After all, it’s probably only taking up space, right?
But who do you trust to sell it to? You don’t want to realize you got too little money after the sale has gone through.
Yes, the market is filled with people who could try to swindle you. But you can stay one step ahead of them, simply by comparing prices. You’ll quickly see which deal is the best.
Here are the things that you need to do:
1. Know Your Product
Imagine you’re a professional marketer and you need to sell valuable merchandise. How will you sell your car?
- Firstly you need to know its book value. You’ll find guidelines online and you simply look at the lowest category. Since yours is a junk car, you won’t get more than that, no matter its condition.
- Make a list of damages and problems. Determine how it may affect the value. Start subtracting from the book value.
- List its best features so you know how to get dealers interested. Remember, even a junk car can be bought by collectors who want to renovate it. If your car still runs or it has beautiful interiors, make a note.
Now you have an idea what price to expect and you know how to market it.
2. Know the Market
Now you have to speak to your target market. Perhaps a scrap yard will purchase it for dismantling, or they may know of car collectors who will purchase your vehicle as is.
Contact a few dealers, so you can acquire many different options in the market. Did you know different areas in the country will offer different prices for the metal of your car? It’s all about market demands. Are there areas close to you where you’ll get better offers?
You can also contact groups on social media to get insight into what your vehicle is worth, and who will be interested in it. Why not clean it up, take a few photographs and get some quality feedback?
3. Compare Prices
Now list all the prices you were offered. The secret about how to compare prices, is to look at the whole picture, such as noting which prices are guaranteed and which ones will be confirmed after viewing the vehicle.
If you’re not in the mood to haggle with dealers or experts, it may be smart to pick the highest guaranteed price options. Remember, this is about your money, but also about your valuable time.
4. Compare Services
How will the vehicle reach its final destination? Someone may offer you an excellent price, but no towing service. If your car isn’t running, you’ll have to pay for towing services yourself. How will this influence your final profit?
5. Vet the Dealers
To put your mind at rest about who to trust, it’s smart to ask around. Read reviews about dealers’ service delivery, customer service and prices. You can get a positive experience when you pick the correct person to do business with.
Conclusion
Selling your junk car just became easy, so you can at last get it done and buy what you’ve been dreaming of for weeks. Doing some homework and knowing what to expect is all it takes to make this less overwhelming. Are you ready to do this now?