Traditionally, the sale of old cars has been synonymous with few benefits and long waits and negotiations before finding a particular willing to acquire it. The age and mileage are two key factors and, unfortunately, irreversible in the process of depreciation of cars. They are not the only ones: in reality, there are three reasons why selling your old car can be so difficult.
Reason # 1: All cars are devalued
No matter how much love you have for your old car, the reality is that its value in the buying and selling market decreases as the years go by. Every day that your car is parked in the garage, its price is progressively devalued, and the same thing happens with every kilometer that you add to the odometer. Precisely because of this it is so difficult to know the exact value of an old car before pricing it.
To sell your old car for a fair price, make sure you use the right tool to calculate its exact value.
Reason # 2: There are few buyers interested in buying old cars
If you have ever wondered , but where can I sell my old car? , you’re not alone. Traditional sales channels often betray older vehicles. The scrapyards have a broad knowledge of the market and its values, but they also make lower offers than other buyers because that sales margin allows them to make the car profitable. To get a fair price for your car in a scrapyard, you should know in advance the exact value of the different parts of the vehicle, and make sure that the strengths and parts of your vehicle are properly examined and valued.
If in spite of the years your car is in good condition, it will not be difficult for you to find a private person who is interested in buying your car. Even so, this process can last for several weeks or months, since you will have to personally negotiate the value of the car, hire a professional appraiser, manage the corresponding announcements and paperwork, and deal with undecided buyers.
In www.godrivo.com we are interested in buying any vehicle, even those that nobody wants to buy, regardless of their level of deterioration and seniority. The only requirement is that you can drive it to our nearest branch, where our team of experts will carry out a complete evaluation in a personal way, and will make you a firm offer for your old car.