Here Are 10 Factors To Consider When Selling A Car

1. Mechanical Condition
You can most simply gauge the mechanical condition by taking it on a test drive. Checking some factors are easier than others when conducting a test drive eg does the vehicle pull to one side, are there any knocking noises when driving over bumps, how’s the braking? By finding these conditions, the value of the car will be lessened by the price of the replacement part plus the labour cost.

2. Exterior Condition
The exterior condition of a vehicle not only will affect the value but will also affect the saleability. People will first make a judgement of the car based on its exterior condition immediately. This could include scuffed wheels (with an average price of £60 per wheel for restoration, with a suggestion of both wheel on the same side to be painted), other factors would be dings, dents, and paintwork. Sometimes what looks like a mere scratch can turn out to require the whole door being replaced rather than the touching up you thought it owuld, such a door or panel can set you back £100+. The same goes for trims and badges which can also start from £100. Visit car valuation site for a better overview.

3. Interior Condition
We see a wide range of interior conditions on a lot of different vehicles, some notable conditions are; a scratched dash (which will be reflected in the sale price as it can’t be repaired), hard to replair floor and/or seat fabrics (reupholstering price typically starts at £75 a section). If the car seats need a shampooing from dog smells, a professional interior valet job could cost upwards of £50 easily.

4. Mileage
There is an obvious correlation between the higher the mileage the lower the retail value of the vehicle.

5. Previous Owners
The desirability of the vehicle will descrease as the number of previous owners goes up which will affect the resale price of the vehicle. Being more realistic with a lower vehicle price is the simplest way to deal with this issue.

6. Service History
If the amount of previous owners is high, service history may be a deciding factor; the desirability of vehicles is called into question with little or no service history available. However, one should consider that if a vehicle has been serviced 5 times, it may just be the result of 5 previous owners each servicing it when bought, making this a potentially misleading figure.

7. MOT
{A vehicle with a short MOT will highly affect the ability of a vehicle to be sold and the value|The value and saleability of a vehicle will be highly affected by a short MOT|the ability of a vehicle to be sold at its full value will be high affected if it only has a short MOT). First, we must take in to consideration the price of a test. Starting from £50, there is the unknown fear factor of what could be failed, brake discs, brake pads, and 2 tyres, the cost of this would start from £300. For this reason we recommend sorting out the MOT first so that the buyer knows they are getting the best value for money.

8. Specification
When considering a vehicle purchase there are different varieties of model; generally a vehicle with greater specs will prove a better investment as it will likely hold its value for longer.

9. Saleability
The ability of a vehicle to be sold is called its saleability. Factors can include engine size, fuel consumption, fuel type, engine transmission type (automatic or manual), if a vehicle can enter Ultra Low Emission Zone or a certain tax bracket and insurance group. These may be factors that appeal to some people and not others, meaning the vehicle could be hard to sell unless it was offered for the right price.

10. Vehicle Colour
A vehicle’s colour can affect the vehicle re-sale price in a major way, Be prepared to get less for certain coloured cars.

To understand how much your car is worth, a full vehicle appraisal will have to be undertaken. This may seem daunting but to a dealer, this is an everyday scenario, from an appraisal a true value of you car can be given. Click on over to this buy my car link if you would like an estimation. We recommend you visit the link to grab 3 separate valuations for greater clarity on the various factors involved relating to the different conditions and how they could affect the price.

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