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Selling

Also in Selling
Inside Private Sale - Doing the Deal
1. Handling The Buyer
2. Sealing the Deal
3. Step-by-Step Guide to Successful Selling
Private Sale - Doing the Deal
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Step-by-Step Guide to Successful Selling

  • Avoid selling in a quiet or weak market
  • Get the asking price right
  • Pick the right place to advertise
  • Write a clear, concise, compelling ad
  • Assess what you can do to improve your car's appeal
  • Arrange servicing and MoT if necessary
  • Identify and fix minor faults
  • Get the car looking and smelling as clean as possible
  • Gather documentation together: V5 registration document, dealer service record, MoT certificate, bills and receipts, manufacturer's handbook/owner's manual.
  • Be available to answer the phone when the ad comes out
  • Deal with phone queries politely and honestly
  • Meet buyers at your own address. Offer ID that ties you to both the car and the address.
  • Be enthusiastic but honest when describing the car. Don't make any misleading statements or claims - a buyer could sue for misrepresentation.
  • Allow the buyer time to inspect and test the car
  • Offer a road test only if covered by insurance; otherwise insist you drive.
  • Agree a price
  • Allow time for buyer to arrange car data check and car inspection
  • If inspection reveals problems, agree reduced price.
  • Take a non-refundable deposit.
  • Allow time for buyer to fix finance.
  • Prepare bill of sale and make copy of complete V5 registration document
  • Wait for payment to clear
  • Hand over car, keys, bill of sale and all documentation except your part of V5.
  • Complete and send off your part of V5.