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Sell your car privately
- Part exchange valuation -
Sell for instant cash
- What's my car
worth?
What options do I have for selling my existing car?
AutoeBid’s can save you a fortune on your new car purchase – and here are
some suggestions for the best way to get the highest price or a hassle-free sale
for your existing vehicle.
Option 2 - Part Exchange
Auction - The lowest cost to change from your old car to your new car
Simply select
the new
car (buy at the lowest price) you require then click the “Do you have
a part exchange” image. You can then provide your part exchange details to be
presented with the cost to change figure.
The cost to
change is the amount you will have to pay (or less) to change into the new car.
Dealers who are able to supply your new car and take your part
exchange will then bid against one another to win your custom. They will bid the
price downwards on the cost to change figure until your agreed cost to change
figure has been achieved (or bettered).
Click here
to view full details of this service.
Understanding the
part-exchange valuation
When your local dealer offers you a part exchange price against the purchase of
a new vehicle, they will often substitute some of the margin that they have in
the new car to bump up the price they can offer on your existing car. Whilst
they will not then offer any discount on the new vehicle, it makes the
over-inflated deal on the part exchange seem very attractive from the buyer’s
perspective.
It is important to look closely at the overall cost to change cars: whilst you
may not get such an attractive deal on your existing vehicle due to the reason
outlined above, it is likely that the discount on the new car through AutoeBid
will significantly outweigh the benefit of a higher part exchange price – so the
overall cost to change would be lower. Click here for a
FREE used car valuation.
Sell your car instantly using
an online buying service
There are a number of
used car
buying websites which will give you an instant quote for your existing car
and can arrange to collect it at a convenient time. They will usually pay for
the car by instant bank transfer upon collection, which takes away the time and
hassle that can be associated with selling a car. Whilst you will be offered a
price in the region of the trade value for the vehicle, it’s a great option to
fall back on if you don’t want to sell privately or part exchange. Don't
forget, if you do sell your car separately, you can then buy your new car at the
lowest price using our Option 1 Reverse auction service. Simply
click here
to view some of these sites or click the links below.
Sell your car privately - (Advertise it)
To get the best possible price for your existing car, it is well worth
considering selling it privately. Placing an advert in a local newspaper is a
common way to sell. Whilst a private sale requires more work for a seller than
the other two options, it will almost certainly ensure the highest selling price
for the car – and your new car supplier can usually be reasonably flexible to
arrange delivery of the new car at a convenient time to fit with the sale of the
old one. If you do sell your car separately, you can then buy your new car
at the lowest price using our Option 1 Reverse auction service. Simply
click here if you would like to place an advertisement online.
How do I create a description of my existing car?
In order to provide a fair and accurate description of your car, you need to
include certain information and we suggest that you have the following
documentation to hand: V5 Registration Document, MOT Certificate (if your car is
over 3 years old) and the car's service history book.
It is
important to detail the overall condition of your car including any marks,
scratches, exact mileage etc. You will find it useful to print off and complete
a
used car checklist that we have designed to
help you.
Wording an advertisement
An
advertisement is the first point of contact that you have with a potential buyer
– so it needs to be good. As a rule, it’s worth being specific whilst keeping
it succinct. You should make sure you have included the following:
-
Exact model
details: include the engine size, sub-model (eg. SE) and number of doors
-
Year and
registration letter: include both the year and registration plate information
(eg. 2004/53 plate)
-
Features:
include the best features of the car to set it apart from the rest: air
conditioning, leather seats, CD player and sat nav are most popular
-
Colour: don’t be
too specific (eg. metallic light blue rather than ‘Metallic Tonic’ which means
nothing!)
-
Mileage: state
the exact mileage (to the nearest thousand)
-
Service history:
state whether it is a full or part service history – and whether completed at
a franchised dealer
-
Tax & MOT:
include details of when they expire
-
Colour
photograph: you will attract more attention with a clear photo of the whole
car
How do I ensure I have a realistic
valuation of my car?
It is important to have an accurate valuation of
your car when selling privately – if you ask too much it will take a long time
to sell, too little and you risk losing out. Simply obtain a
FREE used car valuation
through us as well as looking at what similar vehicles are being sold for to
obtain a good idea of valuation.
