RACQ Motoring

Preparing to Sell Your Car

Preparing the Car

Whichever method of sale you choose, you want to ensure prospective buyers form a good first impression of your car.

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Writing the Ad

When writing the ad to sell your car, take into account where the ad will appear.

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Terms and Abbreviations

The following terms and abbreviations are commonly used in car advertisments.

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Pricing Your Car

Pricing your car can be one of the most difficult parts of selling it.

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Preparing for Enquiries

Before placing your ad, do a little preparation so you are ready to field enquiries about the car and know what you want to tell prospective buyers.

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Prospective Buyers

Don’t crowd a prospective buyer - by all means sell the good points of the car but stand back and let them look the car over for themselves.

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Negotiating the Sale

By this stage you should have a fairly good idea of what the car is worth.

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Sealing the Deal

Once you’ve found someone willing to buy the car, put the agreed deal in writing.

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Payment

When selling your car, the recommended payment method is to go with the buyer to a bank branch to make an electronic transfer directly to your account.

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Delivering the Vehicle

Once you’ve sold the car and it has been delivered to its new owner you need to notify your insurer and cancel the insurance policy. Your insurer may provide you with a refund of the unused portion of your premium.

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Insurance

Once you’ve sold the car and it has been delivered to its new owner you need to notify your insurer and cancel the insurance policy.

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