So, you’ve decided to sell your car. That’s great! But there’s just one problem: your car has some body damage. Don’t worry, though—selling a car with body damage is definitely possible. You just need to take the right steps and be prepared for a little bit of haggling.
Ultimately, if you are not having any luck selling your damaged car, consider taking it into an auto body shop—they may be able to help you repair body damage and get your car back on the market.
With that said, let’s get started!
Get an estimate of the repairs.
The first step is to find out how much it would cost to repair the damage. This will give you a starting point for negotiating with potential buyers.
Oftentimes, people are willing to pay less for a car that has damage because they know they’ll have to put some money into repairs.
However, if the repairs are too expensive, it might not be worth selling the car at all. In that case, you might want to consider trading the car in or selling it to a junkyard.
Find comparable sales.
Once you know how much it would cost to repair the damage, you can start looking for comparable sales. This will give you an idea of how much other people are selling similar cars for.
If you can find a few recent sales of cars that are comparable to yours in terms of make, model, year and mileage, you’ll have a good idea of what your accident damaged car.
Set your price and stick to it.
Now it’s time to set your asking price. When coming up with a price, keep in mind the cost of repairs as well as comparable sales prices. It’s also important to be realistic about your expectations; if your car has significant damage, it’s unlikely that you’ll be able to sell it for top dollar.
With all that said, once you’ve set your price, don’t be afraid to hold firm during negotiation. Remember, you’re under no obligation to sell your car just because someone offers you a certain amount of money—if the offer isn’t fair, feel free to walk away from the deal.
Advertise your car online.
These days, the best way to sell just about anything is online . There are tons of websites and classified ad sites where you can list your car for sale. Be sure to include clear photos of the exterior and interior of your car, as well as any information potential buyers might need, such as mileage, asking price and contact information .
Screen potential buyers.
Once you start getting calls or emails from interested buyers, it ‘s important to screen them before setting up a meeting. This will help weed out any tire-kickers or lowballers before they waste your time.
A good way to screen buyers is by asking them specific questions about the car; if they can’t answer basic questions about the vehicle, they ‘re probably not serious about buying it .
Meet in a public place.
When meeting with potential buyers, always do so in a public place. This could be a coffee shop, restaurant or even a parking lot. Meeting in a public place will help ensure your safety in case anything goes wrong.
Close the deal and get paid!
Once you’ve found a buyer who’s willing to pay your asking price (or close enough), it’s time to close the deal!
Be sure to get paid in cash or via certified check; never accept personal checks or wire transfers, as these could be fraudulent.
Transfer ownership and provide documentation.
The final step is transferring ownership of the vehicle by signing over the title certificate; most states require that this be done in person at the DMV office. You’ll also need to provide the buyer with other important documentation, such as proof of insurance and registration.
Selling damaged cars isn’t easy, but it is possible. A used car can still go for some fair prices, depending on the extent of the damage. By following these steps and being prepared for some negotiation, you should be able to sell a damaged car online or in person to private buyers without too much trouble—and for a fair price!