6 things you need to do before selling your vehicle
Wednesday 22nd December 2021
Before selling your car, there are fair few things you will need to do. Whilst selling privately will most likely earn you more profit, it is considerably less convenient. Not only will you be in charge advertising, enquiries and finalising tax and insurance arrangements, but there is also quite a bit of other admin to do before you even put your car on the market. That’s why we’ve put together this handy guide on the 6 things you need to before you sell your car.
What do I need to sell my car?
There are some technical aspects you need to finalise before you consider selling your vehicle. This includes:
- You must have the right to sell it: firstly, you can’t sell a car that is not yours, for example, if the car has outstanding finance. This is inclusive of hire-purchase cars, as well as conditional sale agreements. If you need to sell your car while it’s on finance, you must get the company’s permission or settle the finance.
- Repair minor work: this isn’t a must – however, if you would like maximum selling potential on your car, then its best to get any minor works seen to. Minor work could include paintwork, simple mechanical faults or any other sort of small damage. Find your local garage to repair any damages to your vehicle.
- Ensure the car is clean: the car should look as close brand new as possible, whilst some general wear and tear is expected when buying a second-hand car. A dirty car will most likely make the buyer suspicions about other maintenance work, and can make it less attractive to potential buyers. Don’t forget to clean the tyres, too!
- Check your car’s MOT: it may be worth getting your MOT renewed if it will soon expire. Not only does it make you appear more trustworthy as a seller, but it will also prevent the buyer attempting to reduce the price. A lack of MOT signals potential issues with your car.
- Put together the paperwork: to make a sale, you will need all the relevant paperwork to hand. This includes MOT certificates, purchase receipts and details of all past servicing. Providing these details will give your potential buyer peace of mind, as it shows the car has been properly maintained.
- Determine the estimated value of your car: conduct research into the value of your car in recent years and factor in any persistent servicing issues your car may have to determine the value.
Can I sell my car without a V5?
It is not illegal to sell your car without a potential logbook, it is, however recommended that you have one. Not having your V5C could not only discourage potential buyers, but it could also indicate that the car has been stolen. Even though this is most likely not the case!
Can I sell my car online?
Now more than ever, it is becoming increasingly easier to sell your car online. There are many sites which allow you to just pop your advert online, as well as similarly buying cars online from these sites.
Do I need to contact the DVLA before I sell my car?
Whilst you don’t need to contact the DVLA before you sell your car, it is essential that you contact them once the car has been sold. You do not want to be mistaken with any of the driver’s future convictions.