If you are looking to sell your used car in Australia, there are certainly some things that you are going to want to keep in mind. There are quite a few different options in terms of selling your car, and you will want to know both the advantages and drawbacks of each common option.
If you’re interested in learning about how to sell your car in Australia, continue reading!
Sell your car privately
One common option that many car owners elect to pursue is to sell their car privately.
The major pros of selling your car privately are that you get to have a role in the sales process every step of the way. You get to set the price, post it on marketplaces that you choose, and vet potential buyers. Selling your car on your own is typically the best way to get the most money possible for your vehicle in Australia. Read our guide here on the best ways to list your car for sale in Austlralia.
On the other hand, the major con of selling your vehicle is that you are responsible for doing the research, prep, and major legwork to get the job done. In order to make sure that you are getting a good deal for your car, you are going to have to get a valuation from a reputable source, set your sales price, make your car look its best, write and list your advertisement, make sure you are readily available and easy to reach, among many other things. It can start to feel like a second full-time job, and if you are not up to the task, you could end up leaving hundreds or even thousands of dollars on the table.
If you are opting to sell your car privately, there are a few sites that you will want to be aware of in Australia.
These are good sites to start with, when searching to sell my car, but of course there are more niche and more local online marketplaces that you will probably want to list on as well. The one downside of having your car listed on many different sites is that not only do you have to set up all the listings, you also have to manage a potential huge inflow of responses from interested buyers. On top of that, few of these marketplaces are free, which means you will have to pay a fee to keep your listing up. If your sale takes a long time, you could be spending quite a bit of money just to try to get your car off of your hands.
Sell your car to a dealership
This is typically considered the easiest way to sell a car as the dealership makes it an attractive option by taking care of all of the necessary paperwork and jumps through all the loops for you. This is often a good option when you are trading your car in, meaning you sell your old car and put what ever you get in return towards a new car that you want to buy.
While the ease of selling your car to a dealership is certainly attractive, it is also widely considered to be the worst deal for your car financially. Car salesman are all about making a buck, and lowballing you for your used car is certainly part of that. The less they pay you for your car, the more you are paying out-of-pocket for your new vehicle.
Still, if you are not really worried about whether or not you are getting a good deal on your car, selling to a dealership might be the right way to go.
Sell it to Car Planet
If you are looking for an easy way to sell your car quickly that can still net you quite a bit of cash, working with Car Planet might be the right option for you. Thanks to our expert employees, we offer accurate and free valuations on your vehicle so that you know that you are not overpricing or underpricing your used car.
One of the best parts about working with Car Planet is that unlike selling your car privately, which can take days or even weeks to complete, Car Planet can typically sell your car to a buyer within a matter of hours. They’re able to do this thanks to their intimate knowledge of the automobile industry in Australia as well as their large network of buyers in your area.
Instead of getting your car’s accurate valuation, listing your sale, filling out the paperwork, and more all on your own, let Car Planet do the work for you and get you cash for your car today.
Better still, once your car is sold, the value that it is sold for will either be deposited directly to you, or sent to your car loan lender if you still owe money on the vehicle you just sold.
If you’r wondering whether or not you should sell your car, one easy way to decide is to simply look at your finances. If you are feeling financial pressure due to losing a job or having to pay unforeseen expenses, selling your car could be a quick and easy way to come up with the money you need.
Another reason why you may want to sell your car is because you simply want a new one. Whether you are interested in downsizing to get a cheaper car, or looking to get a larger car for work, your family, or anything in between, it is never a bad idea to check your options.
Luckily, there are a handful of different options when it comes to selling your car. Your job is to decide which option best fits your specific needs. While it can sometimes be hard to make such a big decision, all you have to do is look at your specific circumstances and decide what you value most. Whether it is price, ease and speed, or somewhere in between, there is always a good option when it comes to trying to sell your used car in Australia.