Have you been thinking about selling your old, used car, but are worried about getting too little for it? Whether you plan on trading your car in for a newer car or if you just want to sell your car to a third-party buyer, there are many ways you can help increase the value of your trade-in or car sale. So, before you rush to sell your car, definitely consider some maintenance and repairs, such as these:
The condition that your tires are in can impact your asking price more than you think. If a potential buyer finds major tire wear or exposed threading then he or she could likely lower your asking price by up to $700. This can easily hurt your sale price, especially if your car isn't valued very high in the first place. Rather than give your potential buyers a reason to reduce the asking price due to poor-quality tires, consider in investing in used tires if you don't want to spend too much on your car repairs. Used tires can be very affordable, some even around $40 a tire, which is much better expense than the potential loss you can see if you don't replace your tires.
If your engine fails to start up immediately, then you could definitely give the potential buyer the impression that your car isn't as reliable as you say it is. So, be sure to test your ignition and see if there are signs of hesitation when turning over your key. If your car doesn't immediately start up then you may want to invest in some electrical upgrades, such as new spark plugs, a replacement battery, and even a new starter. These components can boost the performance in the way your vehicle starts up, which won't give your potential buyer any reason to ask for a lower price when he or she starts up your car.
Along with the quality of your car tires and the efficiency of how well your car starts up, your potential buyer will definitely want to test drive your car to see if there are any flaws. The biggest flaw that a potential buyer may look for is how well the car accelerates. If the car feels pretty sluggish then you could potentially scare buyers away or give them the idea that the car may need some serious engine work. Rather than have them reduce the asking price, consider investing in some engine modifications. Upgrades like a new air intake system, air filter, and exhaust can help increase the horsepower of your vehicle, as well a improve the overall fuel efficiency of your car. These upgrades can help you ask for more money for your car sale, which will help you avoid having to deal with too much negotiating.
These upgrades and repairs won't only enhance the performance of your used car, but can make it difficult for potential buyers, including a dealership to hit you with a low asking price. Also, with these upgrades, you can likely ask for more money for your car, as your buyers won't have to worry about repairing any of these main components.