AUTOMOTIVE

Check Out 10 Factors To Consider When Selling A Car

Tricks To Achieve The Best Results In Selling Used Car

1. Mechanical Condition
An easy way to check mechanical condition will be to conduct a test drive. Some factors are easier than others when conducting a test drive eg does the vehicle pull to one side, are there any knocking noises when driving over bumps, how’s the braking? By finding these conditions, the value of the car will be lessened by the price of the replacement part plus the labour cost.

2. Exterior Condition
The exterior condition of a vehicle not only will affect the value but will also affect the saleability. When approaching a car, the first observation will be that of the exterior. Scuffed wheels, for example, have an average restoration price of £60/wheel, possibly including both wheels to be painted on the same, other factors include scratches, dents, rust, bumps and scraped paintwork. If scratched paintwork is involved, for example, sometimes this requires the whole door to be replaced rather than a quick touching up, typically you could easily drop upwards of £100 on such a panel or door replacement. Then we have trims and badges that can start from £100. Visit sell my car site for a better look.

3. Interior Condition
We see a lot of vehicles with a vast mixture of interior condition, some notable conditions are; a scratched dash (this cannot be repaired and will reflect in the final sale price), irreparably torn seat or floor fabrics (£75 a section being the typical reupholstering price). If the car is in need of a professional interior valet including shampooing seats thanks to eg dog smell, this could cost up to £50.

4. Mileage
Mileage plays a factor in the retail price of the vehicle, the higher the mileage the less value will be given to that vehicle.

5. Previous Owners
The resale price of the vehicle is affected by the number of previous owners- the desirability of the vehicle is lower the higher number of previous owners. In order to combat this rate, a cheaper price for the car would be suggested.

6. Service History
If the amount of previous owners is high, service history may be a deciding factor; with little to no service history the vehicle desirability is lessened. However, one should consider that if a vehicle has been serviced 5 times, it may just be the result of 5 previous owners each servicing it when bought, making this a potentially misleading figure.

7. MOT
{A vehicle with a short MOT will highly affect the ability of a vehicle to be sold and the value|The value and saleability of a vehicle will be highly affected by a short MOT|the ability of a vehicle to be sold at its full value will be high affected if it only has a short MOT). First, we must take in to consideration the price of a test. There is always a fear the repair bill could quickly spiral from the basic £50 to £300+ for anything from eg failed brake discs or pads on any of the 4 tyres. For this reason we recommend sorting out the MOT first so that the buyer knows they are getting the best value for money.

8. Specification
When considering a vehicle purchase there are different varieties of model; as far as investing in resale value is concerned, a vehicle with better specs will hold its value for a longer period of time.

9. Saleability
The ability of a vehicle to be sold is called its saleability. Factors can include engine size, fuel consumption, fuel type, engine transmission type (automatic or manual), if a vehicle can enter Ultra Low Emission Zone or a certain tax bracket and insurance group. These may be important factors to consider for some but not others, meaning a compromise on the right price might be tricky if one or more of these factors was an issue.

10. Vehicle Colour
The colour of a vehicle can majorly affect the re-sale price of a vehicle, Be prepared to get less for certain coloured cars.

Conclusion
in order to understand your car’s worth, you need to undertake a full vehicle appraisal. This may seem like a lot to take on board, but this is bread and butter when appraising the true value of a car to a dealer. Click on over to this car buyers link if you would like an estimation. We recommend you visit the link to grab 3 separate valuations for greater clarity on the various factors involved relating to the different conditions and how they could affect the price.

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