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Here Are 10 Factors To Ponder When Selling Your Car
Cars

Here Are 10 Factors To Ponder When Selling Your Car 

1. Mechanical Condition
You can most simply gauge the mechanical condition by taking it on a test drive. During a test drive there are many factors to check with some easier than others eg is there any problem with the brakes, does th car drag to the left or right, any suspicious noises to be heard when driving over road bumps? 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 saleability and value of the car will obviously depend on the condition of the exterior. The first observation of a car will be that of the exterior. 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 paintwork, scratches, rust, bumps and dents. 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, with the average price of a door/panel starting from £100. It could easily be another £100 to replace badges and trims. Visit car buyers site for a better look.

3. Interior Condition
We see a lot of vehicles with a vast mixture of interior condition, some notable conditions are; a scratched dashboard (this cannot be repaired and will reflect in the final sale price), hard to replair floor and/or seat fabrics (reupholstering price typically starts at £75 a section). If the car needs a professional shampooing eg interior valeting for the seats due to a dog odour, this could be £50+.

4. Mileage
Mileage plays a factor in the retail price of the vehicle, the higher the mileage the less value will be given to that vehicle.

5. Previous Owners
The resale price of the vehicle is affected by the number of previous owners- the desirability of the vehicle is lower the higher number of previous owners. 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; vehicle desirability is lessened with little to no service history. 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, anything from brake pads, discs on any of the 4 tyres for example is an unknown risk of what could fail and quickly spiral upwards of £300. To help sell your car and avoid suspicions we suggest sorting out the MOT so that the buyer knows the value for money they’re getting.

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

9. Saleability
Saleability is the ability for a vehicle to be sold. Factors can include engine size and transmission type (manual v automatic), fuel consumption and type, tax bracket, insurance group, can the vehicle qualify as Ultra Low Emission Zone. Although these factors may tick all boxes for one it may not for others, meaning a compromise on the right price might be tricky if one or more of these factors was an issue.

10. Vehicle Colour
The colour of a vehicle can majorly affect the re-sale price of a vehicle, non-neutral coloured cars can be a real turn off for some people really affecting its saleability.

Conclusion
To understand how much your car is worth, a full vehicle appraisal will have to be undertaken. It seems daunting but appraising true value of a car required all these factors to be taken into consideration for a dealers every day. Click on over to this car buyers link if you are looking for an estimation. For greater clarity, we offer 3 different valuations pertaining to the various factors described above, and how they should be taken into consideration in affecting the price.

Cars

Here Are 10 Factors To Ponder When Selling Your Car

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