Selling a Used Car in a City like San Francisco is tedious. It takes time and effort and most people give up quickly. In contrast, a dealership is interested in buying your car but at a much lower quote, rendering it useless. The dealer shall be giving excuses for a lower quote than the actual market value. Let us discuss the 7 most common points that dealers use to make an excuse for a lower quote.
Let’s have a Closer Look
1. Documents
Collect the car’s documents and keep them handy at the time of sale.
The most important is your car’s Title Certificate. If the car was leased, then ask the lending bank for a clearance certificate so that you may able to proceed with the ownership transfer.
The second important document is the Department of Motor Vehicles (DMV) Certificate so as to prove that your car has no tax liability.
The third document is the Insurance Certificate which needs to have at least a month’s coverage so that you can initiate the sale and present your documents to the DMV before the insurance expiry.
The fourth document is the Smog Test Clearance Certificate. This ensures that the pollution levels of your car are within the prescribed limits and justifies the good health of the car’s engine.
2. Car’s Market Value Research
One should initiate research on websites like Edmunds and Kelley Blue Book so as to get a fair idea of the used car market price for a car. We would like to recommend keeping an eye on the prices of similar make and models that you wish to sell. Keep a margin so that you have room while the buyer is negotiating.
3. Presentation of Car
A car that has clean looks and is free from dents, scratches & rust will certainly be attracting more prospective buyers towards itself. Getting rid of the interior dirt and cleaning the engine bay is not going to put a burden on one’s pocket, however fixing dents, scratches & other blemishes would be cumbersome.
4. Advertising a Car
Advertising a car is easy but one must be careful that the photos in the advertisement should be well-lit and the description states your car’s year, make, model, mileage, and a bit about the condition.
5. Meeting the Buyer
The buyer should meet you at a public place and you should allow the buyer to have a test drive. Apart from this, you should be able to produce the car’s document and be ready to negotiate the price of the car.
6. Finalize the Deal
Once presented with an acceptable offer, collect your money, and sign over the title and bill of sale. There could be some other documents that might be needed as per your State’s rules.
7. Ownership Transfer
You should be able to present the documents to the DMV, so as to register the ownership transfer. This will ensure that you have sold your car and the new owner is liable for taxes, fines, etc. Simultaneously inform your insurance company to remove the car from your auto insurance policy.
Wrapping it up Quickly
Be sure to keep the sale documents copy with you, so as to be smart enough, if in case the car gets into some legal trouble while the ownership transfer is in process.
If everything is done correctly, then selling your car would be a win-win situation for you. You can turn your old clunker into cash with these tips. For quickly selling your car for on-the-spot cash you can contact Ion Cars. Ion Cars are known to make selling a used car in San Francisco easy and that too on your doorstep.
