Why You Shouldn’t Sell Privately
Selling your car might be something you’re losing sleep
over. It might be because you’re excited to finally get the capital you need to
buy the car you’ve been dreaming of. Maybe you’ve done it before and you love
the experience of trading with other vehicle owners. Or, most likely, you’re
worried sick that you might make a mistake and lose thousands of rands in the
process.
Unless you’re well versed in the art of selling second hand
cars, which most of us aren’t, we recommend that you don’t sell your car privately.
This isn’t because we don’t believe that you’re willing to put in the time,
effort and research to do it properly, but simply because we don’t believe it’s
necessary.
The main reasons why people sell they’re cars privately are
to get the “best” price possible and to have more freedom throughout the
transaction process. We’re happy to tell you that you don’t necessarily have to
sell privately to achieve these goals. Working with a reputable pre-owned car
salesperson ensures that you not only have control over to whom and how you
sell your car, but you also have access to expert advice from someone who’s
been doing it for years.
Here are some reasons why you shouldn’t sell your car
privately.
It’s time consuming.
You won’t be selling your car within a week or two unless
you’re extremely lucky. Not because there’s anything wrong with it, but because
there are thousands of other sellers with cars just like yours advertising to
the same demographic of buyers. If you don’t understand how to advertise your
car properly, it could take months to sell it.
It could be dangerous.
Selling a car to a complete stranger of course holds its own
dangers like theft or scams. Experienced sales people know how to recognise
dishonest buyers due to meeting dozens of them in the past. You might not have
the expertise to know how to avoid potentially dangerous situations.
It might not simply be a threat to your immediate person – selling
to someone who’s finance suddenly isn’t covering the expense anymore when they’ve
already left with the car is also something that might very well happen.
It’s expensive.
If you choose to advertise your car on classifieds boards
you might need to boost or feature your vehicle listings at a high price. Even
then you’re still only advertising on one platform. You’ll also have to have a
mechanic check your car for any possible faults and if anything is found,
you’ll need to foot the bill.
It’s not always straightforward.
Selling a car is not as easy as simply taking money from a
buyer and letting them drive off into the sunset. You’ll need to finalise your
own finance if you’ve still got fees outstanding. You’ll also have to deal with
your buyers financing provider which will definitely be time consuming and
often frustrating.
It’s stressful.
You might find yourself spending as much time working as you
do worrying. Are you doing it right? Is there anything that you’ve missed that
might come back to bite you? When you work with a professional, they worry for
you while you can focus on your other priorities.
This all being said, you can definitely sell your car
privately, although it will take much more time and effort than selling with an
experienced dealership. If you’d like to sell your car as quickly, hassle-free
and honestly as possible, feel free to contact us to set up a consultation.
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