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All You Need To Know About Selling A Luxury Damaged Car
Incurring extensive or minor damage to a luxury car can feel like a serious blow. How will you recoup the cash you invested in the car? Where can you sell the luxury damaged vehicle for the best cash price? At Sell Your Damaged Car, we have compiled a list of the most important aspects to consider when selling up those luxury wheels, so that you can make an informed decision that helps you breathe a sigh of relief.
The DIY option
Should you opt to sell your Merc, BMW, Porsche, Range Rover or any other luxury, damaged car privately, it is best to be informed and prepared. This means:
- Assess the damage
A thorough assessment of both the visible and underlying issues is important to both the seller and the buyer, as the extent of damage may impact the cost of potential repairs, as well as the value of the damaged car. Your best course of action would be to take the car to a professional mechanic to perform a comprehensive, damage assessment.
- Establish the value
In order to determine the value of your luxury, damaged car, an assessor will consider factors such as the brand, model, year, and the extent of the damage to the vehicle.
- Weigh up the pros and cons
Once the damage has been assessed, and the value of the damaged car has been determined, you should consider factors such as costs of repairs, potential increase in the value of the vehicle after repairs, as well as the preferences of potential buyers. Now is the time to assess the pros and cons of first repairing the vehicle, or selling the damaged car as is (voetstoots).
- Advertise your damaged car
Finding a private buyer for your damaged car can become an onerous exercise. You could advertise on various online marketplaces, as well as luxury car enthusiasts’ forums, though this can be a time consuming and frustrating endeavour, and may not bring in any buyers.
- Be transparent
During the process of advertising your damaged car, it is vital to remain truthful and honest, so as not to waste your own time and effort, or to mislead potential buyers.
- Negotiate
Once you have found an interested, potential buyer, you will likely need to be open to negotiation. The potential buyer may offer you far less than the asking price or may also want to have their own damage and value assessments done, to ensure they make an informed decision.
- Paperwork
It is best to have accurate service history records, details of any accidents and repairs, and any warranty paperwork on hand before beginning the selling process. You should also ensure that you have all the necessary legal paperwork (such as title transfers and any disclosure documents) for the sale at the ready, should a potential buyer make an acceptable offer.
The easy alternative
Let’s face facts: selling your accident-damaged luxury vehicle privately is a cumbersome, stressful and often risky process that will not necessarily help you arrive at a competitive price. But you do have another viable, fair and hassle-free option left to consider - Sell Your Damaged Car!
Follow these easy steps to sell your luxury, damaged car for instant cash:
- Visit SellYourDamagedCar's website
- Complete our online contact form
- Wait for a consultant to contact you
- Get the best offer
- Accept the offer
- Get paid
At SellYourDamagedCar, we aim to ensure a simple, quick and painless way to sell your luxury, damaged car, saving you the stress of doing it yourself.