Take these steps when attempting to sell your car independently.
Want to sell your car? Then you probably don’t know where to begin. Rather than sticking a price on your car and hoping that someone calls you, there are measured steps that you should take. Here’s what you should do to sell your car.
Research the Car Market
One of the first things you should do after deciding to sell is go on Kelley Blue Book, AutoTrader.com, or Cars.com to estimate your car’s market value. This will give you a better idea of where you should be pricing your car.
Advertise the Sale
There are many options for advertising that your car is available for sale. For instance, you could place advertisements in your local newspaper, automotive tabloids, or online. Additionally, you can also sign up with a car-selling website to increase the amount of attention that your car receives.
Secure Official Documentation
Once you’ve found a buyer, you need to take steps to ensure that the sale is official. For instance, if you still owe money on your car, then you’ll need to contact your bank or lender to find out how to proceed with your sale. In most cases, you’ll have to pay off what you owe before being able to obtain and sign the car title over to the buyer. After selling your car, you will also need to contact your insurance company to remove the car from your policy, but not before reporting the sale to your local DMV. Cancelling coverage too early could result in a suspended license for having an uninsured, registered vehicle. Finally, sellers need to know which official documents their state requires to complete the transaction.
These are some of the steps that you should take when selling your car. Need auto insurance advice during your car sale? If so, then contact the experts at ISU-Wissink Insurance in Culver City, California. We are ready to assist you with all your auto insurance needs today.