How to avoid 4 costly mistakes while selling used car?

How to avoid 4 costly mistakes while selling used car

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Let's say that you have an old car that is near and dear to you, has got you through the good and bad roads, a flood, dragged your worldly goods around for more than a decade, and driven best on the way to good times with friends. But it is on its final legs and now costs more for repairs than its total worth. May be it's time to say bye to the baby and sell it through a car dealer or online.

Selling car can expose you to a number of potentially costly problems. Here are the tips to avoid five costly mistakes while selling used car to get every bit of its worth in the least amount of time.

Mistake #1: Pointing out every single issue: If you really want to sell your car, do not point out every single minor issue that the car has. If it has too many minor issues, leave that up to the buyer to discover and do not feel bad about it. After all, you do want to sell the used car, right?

Mistake #2: Pricing it incorrectly: Every seller wants to get as much money as possible when selling their used car. The best way is to price the car high, thinking that the buyer will always negotiate, but, listing price that is too high usually gets the seller less money than the original market price because the buyers looking for second hand cars will reject your car and buy other cars in reasonable price range.

Mistake #3: Warrantees: Always make sure that you include the point "no warrantees, expressed or implied, in spite of any verbal statements that might or might have not been made about the car. Do not speak of or write any warrantees to avoid future problems.

Mistake #4: Making inaccurate claims: The biggest mistake that car sellers make is false promises or inaccurate claims about the vehicle. Always avoid a claim that is not accurate. If you have posted your advertisement few months back and you have since driven another 2,000 miles and faced any major problem, it is important to explain that to the buyer while making an agreement. Do not mislead the buyer about the car.

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