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Thinking of selling your car? Here are our top 10 tips on what you need to know...
1. When youre thinking about selling your car, the first thing youll want to know is how much your car is worth. There are a variety of sources you can go to, including magazines, local newspapers and online, to find out the rough value of your car in terms of make, model and year. Car advertisements will give you an idea of how much similar vehicles are selling for.
if youre going to trade in your car for a new one or if you want
to sell it outright perhaps at a car auction. If youre selling it,
it is advisable to make sure that you have a Registration Document/Certificate
as its a good indicator that the car hasnt been stolen. If
you have lost the original, you can apply for a replacement using Form
V62, which you can get from a Post Office or direct from the DVLA. If
youre trading it in, make sure you get several quotes you
might be surprised at the difference between them.
payment. Cash is always good; a bank or building society draft is a reasonable
alternative as its as good as cash and can only be issued if the
buyer has enough money in his account. If youre accepting a cheque,
do not hand over the keys until the cheque has cleared if theyre
a genuine buyer, they wont mind waiting a few extra days. The basic
rule of thumb is, if something sounds too good to be true, it probably
10. Dont forget to tell your insurer that youve sold your car. If youre buying a new car you may be able to add it to your car insurance policy.
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