Giving a value to your car is one of the most difficult missions that exist in the car park. It is the crossroads between the need to sell the car, but at the same time to do it for a value that is satisfactory for your needs. In short, we do not want to give away our car but we do not want to place an overly ambitious price that excessively complicates the operation. The operation of the engine is one of the first keys to take into account.
What is giving value to a car?
The process of giving value to a car has the final objective of ending up setting a price that ends up being appropriate based on the state of the product, our interests and our final aspirations. It consists of different parts. The first begins with an assessment of what we have. We must be realistic in this regard. Not too ambitious but not too modest either. Let’s review the state of the car both at the body and interior level, as well as the state in which the engine is located and the operation and performance that it can give. The trunk, for example, must also be checked. Although it may not seem like it, many look at the space they have in the back to place their luggage, if they travel a lot, before deciding if they end up buying said car or not.
The details will also make a difference when it comes to giving value to a car. For example, we may not be smokers and have a lighter that we have removed because we do not use it. Fatal mistake. Only for this you can lose 30 euros. We must not forget that we sell for another person and, therefore, we must adapt to their needs. Including a steering wheel in good condition, GPS or a platform to place the mobile device are points that we can gain and add value to the car. The same goes for the windshield wipers, the condition of the tires and the high beams and position lights. That they are in good condition means that the person who purchases the product will not have to spend on changing and repairing it and, therefore, will be willing to spend a greater amount of money. In this sense, let’s also investigate if it is convenient for us to sell it for a lower price or repair it ourselves and be able to get a small interest. It will depend on the state of the rest of the car, but in some cases, if the price is very similar to the factory price, the buyer will opt for a zero kilometer one. It also fixes any possible punctures that the car may have.
Finally, the seat belts and the spare key are other key elements that we must take care of if we want to get the most out of our car. It is a classic to have forgotten where we have left the spare key. Well, this can mean losing 40-50 euros more than the possible final price of our car. Finally, the documentation must be in perfect condition. Do not forget the circulation permit, the last payment of the circulation tax and the insurance in force if you have it. These are elements that you must provide to correctly carry out a name change, in the event that the purchase process finally ends. Not doing so would give a feeling of neglect and we would lose points.
Benefits of giving a value to your car
Still, taking the time to quantify the value of your car has huge benefits for the seller. The most prominent are the following:
- Setting a price is the first step in selling a car. Without a price it is impossible to sell a car. When someone is interested in buying any type of product, the first thing they will ask is the price. Therefore, we must quantify it to start the negotiation.
- Get arguments to justify the price. Many will question the corresponding price of your car. For this reason, it is necessary to know the sector to be able to argue the reasons why you have chosen that price.
- Avoid potential scams. At the same time, if we know the sector and the price of the products and elements of the car, we will also avoid falling into possible haggling that ends up being completely scams.
- Being able to buy other cars. The experience that all this research work on the value of the car park will give us can also be used to our advantage when we change positions and want to start buying a car.
Choosing and arguing the correct price will be the keys to end up getting the sale of our product. We must convince the buyer with the reasons why our car is better than that of the potential competition and why he should buy that one and not the one that the neighbor sells.
How to add value to your car?
On the Internet we will find numerous professional platforms to appraise and give value to our car. If you wish, on the other hand, you can also go to a professional dealer or a workshop to offer your car and ask how much they offer you for said car. The type of car is important whether it is a hybrid car or SUV. You may not sell it, but you will get through an authorized voice, who works in the sector, what is the situation of your product and how you could manage to increase its potential value in the future. It is the way to prevent any type of detail that could harm us from escaping us, or on the other hand, the buyer we have chosen does not inspire us too much confidence and it could be that he was trying to sneak in a lower price than what we were told. In this sense, dealers have been relegated to a more secondary level because generally the price lines are less profitable for our interests.
Scrapyards are the third way we have if we want to get rid of the car. However, if it is not there to throw away, it may not end up being the best option for our interests. Therefore, it is necessary to assess it correctly before making a decision. Before deciding on this option, it is necessary to try to get the most out of your car. To do this, the appearance and perception that the customer has will end up being key to deciding if they end up buying it or not. In this sense, a clean car wins a lot of points. In an increasingly digital society, photographs will be the first sales channel. Through the image, he will end up deciding if he calls you to see him live, or instead, he completely discards it. If you haven’t already, a good wash will start to position you as a potential put. However, don’t limit yourself to the outside by going to a car wash. May it also be shiny on the inside. You can do it particularly, using a vacuum cleaner along with other cleaning products, or go to a specialized cleaning center. It will be cleaned inside and out to the point that it will look like new.
Another point to take into account when giving value to a car is still related to the image. It can be very clean, but if your car is full of scratches and bumps, it will lose all the value gained with hygiene. In this sense, starting with the bodywork, carry out those sheet metal and paint repairs that are necessary to give the impression that the car is totally new. All in all, following this series of advice will allow us to raise the appraisal of our car and choose to sell it for a higher price that allows us to recover part of the investment made initially when we acquired it.
