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Selling Your Car Online Can Earn You 30% More Than Through a Dealership Thursday 10 January 2019
Selling Your Car Online Can Earn You 30% More Than Through a Dealership
If you have decided that it’s time to sell your car, you’ll be looking at your options. You might be thinking about taking your car to a dealership. However if you want to get the best deal and the highest sale price, selling your car online is the way to go. In fact, you can get as much as 30% more for your car if you sell online, as opposed to selling it to a dealer.
So, if you’re looking to get the most cash for your car, listing it online is a no-brainer! Also, selling online couldn’t be easier - just grab your smartphone, take plenty of pictures of your car and you’re ready to go.
The main reason to look to an online marketplace when selling your car is that this process cuts out the middleman. When you go to a dealership, the dealer who buys your car will have to then sell the car on again for a profit. Dealerships need to cover overheads and have their margins, so the price you get from a dealer will nearly always be lower than what you could have got with a direct private sale.
However, an old fashioned private sale can be time consuming, and you can only reach a small audience. But with the advent of sites like AutoVolo you can now get the same price you would from a direct sale, but with a vast audience of potential buyers. This means that you can skip out the middleman, and advertise direct to thousands of people looking to buy cars, so you can get the best possible price for your car.
A Big Audience
By listing your car online, you will be attracting many more view than you could get via paper ads or a ‘For Sale’ sign in the window. All these extra views translates to more offers, which puts you in the driving seat when it comes to any price negotiation. After all, if you have multiple people interested in your car, then you know that your valuation must be in the right price range. It also means if someone plays hardball on price, you can walk away. In general, the more people that see the ad, and the more people that express interest, the better the price you are going to get.
Furthemore, you get all of this from the comfort of your own home! No wasting petrol driving from dealership to dealership to get offers. You can leave the car on the drive and let the buyers come to you.
The Right Price
So, you’ve decided to sell online, and get the best price for your car. But how exactly do you work out what price that is? Well, AutoVolo offer a free valuation service, simply put in the registration of your car, the mileage and AutoVolo’s system will offer a suggested price. This price is calculated using both sales data generated on AutoVolo, as well as by third party data that helps you get at the real value of your car.
At this point, it is worth thinking about how quickly you are looking to sell your car. If you would liek a quick sale, it might be worth listing a little under the recommended price, just to grab people’s attention. Alternatively, if you have time to spare, and are in no rush to sell, you can always try listing it above the suggested price just to see if anyone is interested.