I'm selling a used car.. what now?

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14 October 2009 at 22:22

Your step-by-step guide to pulling an extra load from RAC, the organisation that understands cars.

Essential tips for selling your used car safely, quickly and for the right price.

You've found your next dream car, you've taken it for a test drive and you can't let it pass you by. You now want to sell your car easily and you need to get the best price.

What to do

1. Make your used car look great - cleaning your car inside and out can make it easier to sell and get you a better price. Clear any clutter and consider a valet service for a professional finish.
2. Have your documents ready. Buyers will want to see your log book (V5) and MOT as well as any receipts, service records and handbooks.
3. Price your car sensibly, an overpriced used car will put potential buyers off. Check online or use a car price guide to gauge the market.
4. Decide where to advertise, whether in local classifieds and/or reach a wider market online. List any faults or extras in your advert and answer any questions honestly.
5. Get your paperwork in order. Your used car will sell easier if it has a recent MOT and has been serviced. Make sure it is taxed so the buyer can drive away. Get any minor faults fixed before advertising your car.
6. Expect to haggle on price but don't accept a price lower than you are happy with. If you're not confident seeing buyers alone, ask a friend to join you.
7. Provide a receipt stating your second hand car is "sold as seen" and keep a signed copy for yourself.
8. Post the paperwork once the car is sold and make sure the new owner has provided their details and signed the V5 owner's document.

Avoid it

Always accompany prospective buyers on a test drive when selling a used car. Ask if their insurance covers them to drive other cars before they get behind the wheel.

Once you've agreed a deal never hand over your car until you have received payment. Check that any cash payment is genuine and wait for a cheque payment to clear before you part with your keys.