When the time comes to upgrade your motorbike or car, or perhaps to cash in on your vehicle to free up some money for something else, you naturally want to ensure that you get the most money that you can for your prized possession. Unfortunately, many people simply list their vehicle for sale without realizing that with just a little bit of planning and preparation, they can significantly add value to it.
If you are currently looking at selling your car or your motorbike then here are some tips for you in order to ensure that you get the best possible price for it.
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Research First
The first thing to do is to ascertain what value you have in your possession, the way to do that is through some hard research. The things you should be looking for are how much your vehicle has sold for in other places and look at the condition of each one. Very often people will see a Honda Accord for example, sell at a price of $3,000 and immediately think that theirs can fetch the same price. Often however they have overlooked the fact that this car had less miles than their own and was in much better condition. Make sure that you’ve looked at all of the details of the sale and the condition of the vehicle before deciding on your valuation.
Speculate to Accumulate
Once you’ve done your research then you will soon see vehicles with newer parts than yours earning more money. The solution is to invest in your vehicle, even though you know that you will be selling it. When people buy cars and bikes, they want the finished article and each possible problem that they need to fix will significantly decrease the amount that they’re willing to pay. For example, you may have 3 parts to replace that cost $400 with fitting included, let’s assume that you were after $3k for your vehicle, those 3 parts could result in a customer only willing to pay $2200 for the hassle, far better then to get the 3 parts done for $400 and save yourself losing $800 on the sale. There are loads of cheap parts available to if you look about, I bought some Kawasaki aftermarket parts for my old bike and had them fitted before selling it and was able to command a very good price for it.
List it Everywhere
When it comes to listing your vehicle, many people will try to just aim for the most popular magazines or online listings, far better though to list it everywhere that you can. Some places charge to list your item and you should factor this in when you consider your asking price and how much you will receive. Paid ads are likely to gain more attention but that doesn’t mean that you shouldn’t utilize all of the free or cheap options available to you like Craigslist, eBay and social media. The best way to get your listing out there to someone who is willing to pay the top price is through exposing it as much as humanly possible.