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How do I sell my car

How do I sell my car?

Once you have reached a decision to sell your car there are several options you have to go about doing it. If you are buying a car from a dealership there may be the opportunity to part-exchange your current model, you can also choose to sell your car privately, however by far the easiest and most efficient approach is to sell to an online vehicle purchaser such as Money4yourMotors.

Money4yourMotors is the hassle-free way to sell your car

Here at Money4yourMotors we pride ourselves in cutting out the hassle involved with selling privately, you won't have to meet strangers who may not even turn up, you will save the cost of advertising in magazines, local newspapers and online and compared to other car buying companies we will come to you to inspect your vehicle and so you won't incur travel costs returning back home after you have sold your car.

To sell your car with us all you need to do is submit your registration number in the box below. We will then instantly generate a pre-inspection valuation for your car.

We will buy your car today
We come to you - Instant Payment

If you are happy with this valuation all you need to do is to accept the offer and a member of our friendly call centre staff will contact you to arrange an appointment for one of our vehicle purchasers to inspect your vehicle at your home or your workplace.

During this inspection, a final offer price will be reached for your vehicle – if you accept the price then you will receive instant payment in full via bank transfer while our purchaser is still with you, we will then aim to have your vehicle collected within five working days.

We can also settle any outstanding finance you have remaining on the vehicle and deal directly with the finance company on your behalf. When we buy your car we will pay the outstanding amount to the finance company and any balance from the purchase price will be paid directly to you.

Selling privately

If selling privately, the first thing you will need to do is advertise that your car is for sale. When advertising your car, along with the price, include some basic details like make and model, year of registration, fuel type, engine size and whether it's manual or automatic. As well as the MOT, it's important to include its service history. Don't forget your location and contact details; and If selling online, some good quality photos, both inside and out.

When the phone rings, always be prepared. You can write out for yourself answers to basic questions that may be asked. Have an idea of when you'll be available to show them the car. Be polite, honest and friendly.

Genuine buyers will be happy to come and view the vehicle and check vehicle details for themselves. So, be wary of giving too many specific details over the phone. Thieves are after such information to create a clone advert.

Some Dos and Don'ts when selling privately

  • Do give your car a realistic price by checking the prices of similar cars being advertised
  • Do always be honest and describe your car as accurately as you can
  • Do keep to the facts in your advert rather than use opinion of hyped-up phrases
  • Do include all the basic details such as the year of the car and your contact number
  • Do have all documents and the car's history neatly presented
  • Do if possible, make sure someone else is with you when buyers visit
  • Don't make false or inaccurate claims in your advert
  • Don't be tempted to misrepresent your car - be honest
  • Don't let perspective buyers into your home when they come to view the car
  • Don't sell your car if there is outstanding hire-purchase or finance on it - you don't actually own it
  • Don't sell your car if it has a serious defect or is unroadworthy - you could be breaking the law
  • Don't forget to hand over all relevant documents when you sell
  • Don't forget to have a signed, dated agreement with the new owner

If you sell privately it is vital that you have a contract ready for both parties to sign and date and each keep a copy. You then need to notify the DVLA. As the seller, complete the new keeper details on the V5C and sign the declaration along with the buyer. It is your responsibility to send the completed V5C to DVLA having first given the buyer the V5C/2 section.

and Finally...

Whichever way you choose to sell there are some real basic things you can do to be prepared. Generally, they are things that cost very little, don't take long and can add those extra pounds that make all the difference.

Top Tip: Sell your car with Money4yourMotors to avoid the hassle of selling privately and to receive instant payment

You should give your car a thorough clean inside and out or take it to a professional valet service. Check that all the fluids are fully topped and repair any minor paintwork damage. Don't put it on sale with mechanical faults, or make sure that any prospective buyer is aware of these. It's important that the car has an up-to-date MOT, three months is a minimum, otherwise, the price you get will be low.

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