There are many shapes and sizes of classic cars.If you own a classic car, it could hold a lot of value to the right buyer.If you came into possession of a classic car but aren’t very knowledgeable about the market, you may be struggling with how to sell it.To get the best price for your classic, you will have to invest some time getting the car ready for sale, and research the market.
Step 1: Estimate the value of your car.
You can use online and in person services to determine the approximate value of your car.The true determining factor of your vehicle’s worth will be dependent on time, condition, and the buyer.A buyer may be willing to pay more for a vehicle due to the fact that it reminds him of his first car.The price of your vehicle should be slightly higher than it is projected to be.You can allow yourself to be bargained down without taking a loss.You can find local collector forums with a general online search.You can see how similar cars are selling in your area.You could also take your car for an assessment.You may have to pay a fee for this, or you could always have your car assessed under the guise of using a consignment service, only to change your mind once you know the value of your classic car.
Step 2: Determine the best place to sell your vehicle.
This could be an auto auction.It is possible that an online posting would be best for your classic car.The kind of classic car you are trying to sell will affect the venue.If you don’t want to put in the time and effort to find the best place to sell your car, you can always sell it to a dealer.If you decide to sell your car to a dealer, you will earn less money from the sale, but the hassle will be lessened.Fees for providing a venue will sometimes cost a buyer or seller a percentage of the amount paid.Do your homework before agreeing to sell your car at an auction house.If you want to sell your vehicle, posting your car along with its description and general information on a classic car automotive listing service is the most cost effective route.Each posting requires a fee.It’s a good idea to post your car for several months.
Step 3: Provide proof for rare characteristics by highlighting them.
A souped-up engine under the hood of a classic muscle car is just one example of what this can be.You should have proof to back up your claim that a feature is rare.You can request production numbers from the car manufacturer.The value of your car can be raised by history.If your car was used in a movie, it could be worth more than the original estimate.Inquire about instances where your classic took the spotlight.If you mention that your car was featured in a classic TV show, movie, or automotive exhibition, buyers will pay more attention to it.
Step 4: Inquire about international markets.
Your classic car will be less exotic in your region due to the fact that it was likely produced and distributed there.Your car will be even more rare in a foreign market.To justify the cost of transporting a car internationally, your classic car needs to be a worthy value.If you are advertising your car in a country that has fuel and emission standards, you should check them out.If your country’s laws prevent you from driving your vehicle, you might be able to pass it on to someone else.If your classic is only worth $20,000, many buyers might not consider it worthwhile to pay international shipping fees.
Step 5: It’s a good idea to time the listing of your car.
The best time to sell a classic car is during the summer months, when interested buyers are more likely to make a bid.Many people will have money set aside for holiday expenses, so less free cash is available to buy a nice set of wheels.It is possible to sell your car in the off-months of fall and winter, but you may have to lower your price.Increased gas prices or fuel shortages can affect the sale of your car.Car related expenses are low so you can improve your changes by selling.
Step 6: List your car.
If you have decided on a venue or agent, you should have your car listed with photos, a description, and a list of special features that might interest prospective buyers.Honesty is promoted throughout your transaction if you are honest in your listing.Although honesty is important, you shouldn’t feel like you have to explain every age related flaw on the vehicle.Classic cars are expected to have some wear and tear.If you want to have your vehicle listed on a site that sells classic cars, you may have to pay some fees.Depending on the site, you should investigate your venue for listing and budget.You can sell your classic car at vehicle auctions.Each auction house has a fee system.In some cases, this might be a buyer’s commission, in other cases it could be sellers commission where you have to pay a percentage of the money made on your car sale.
Step 7: Prospective buyers will be interested in meeting you in person.
Many buyers will want to see your classic car with their own eyes, and may even bring along an automotive expert or automotive savvy friend to help assess your vehicle.Inform your buyer about the car’s history and answer any questions they have honestly.When someone calls about the car, arrange a time when he can come evaluate it in person.The best photos of your car won’t be enough to see the real thing in person.You should invite a friend to keep you company at the time of the inspection if you are uncomfortable meeting a prospective buyer alone.Call a friend and let him know when you will be showing the car.If there is a problem, he can be on the lookout for your text or call.Getting information from prospective buyers is always a good idea.Should I expect a guest to come with you when you view the car alone?
Step 8: Test drives are a good way to exercise caution.
Some buyers want to see how a classic car handles and listen to the engine.Before allowing a potential buyer to drive your classic, be sure to verify the buyer’s insurance and license.A test drive accident could leave you with a bunch of scrap instead of a tidy sum from selling your classic car.A potential buyer should not be allowed to test drive your car alone.If your classic car is stolen, it’s unlikely that your credit card will make up for it.You might want to consider a different test drive route for your car.If you have a classic car, you might want a good straightaway where the test driver can evaluate the engine.A scenic test drive can make your car more appealing to buyers.Winding roads, lakeside or seaside routes, and picturesque boulevards can help your buyer visualize himself driving and owning a classic car.
Step 9: Talk to potential buyers.
The negotiation process begins when a buyer checks out your car.The upper and lower limits of the range you are willing to accept should be considered when determining the final price of your classic.Before meeting with interested parties, think of a sales pitch for your vehicle.If you want to tailor your pitch to those who are interested, you can ask, “What interests you most about this classic car?”Features related to this interest can be highlighted.Weight will likely be carried by a personal endorsement from you.Mentioning the car’s history of reliability, its performance, or even its appeal to other collectors can garner even more interest among buyers.You should expect to be reduced from your asking price.The illusion of a better deal is given by this.Your asking price should be slightly above what your car is worth.Don’t price your car too high.Potential buyers might be scared off by this, or they might think you are over-inflating the price for the purpose of being bargained down.
Step 10: Make the sale.
To make the sale official, you will have to transfer ownership of the vehicle to the new owner.You will need to complete the bill of sale if you want to transfer ownership in your region or country.Provide copies of maintenance records to your state and fill out the Release of Liability form.The records of the car that you give the new owner should be blacked out.
Step 11: The key features of your car should be identified.
A defining characteristic in addition to rarity makes a classic desirable to collectors.You have to research your car to find out why people want to buy it.You should restore the original features as best you can.An elegant, unique body, a large, powerful engine, and a plush, comfortable interior are some of the characteristics that might set your classic car apart.
Step 12: The car’s exterior should be washed.
Use a soft, non-abrasive cloth to wash your car.You should park out of the sun so that your car doesn’t dry too quickly.Wet your car with water.If your home has issues with hard water, you may want to use distilled water to wet, wash, and rinse your car.Put your soap in a bucket.The soap should be spread through the water.Make sure to wash the car thoroughly.The best thing to do is get the wheels, undercarriage, and all the nooks and crannies.Make sure to wash the car.You should use a microfiber cloth to dry your car.
Step 13: It’s a good idea to wax your car.
The appearance of your car is important when you are selling it.Potential buyers are likely to try to bargain you down in price using any reasoning they can, and in your case, this might be a poorly maintained exterior.A coat of wax can make your old classic look like it just came off the assembly line.Wax your car on a cool day out of the sun if you buy your wax from your local automotive store.Hot days make buffing the wax and getting the best shine difficult.You should aim for days between 55 and 85 F.Follow the instructions that came with your wax.Most of the time, this involves using a foam applicator to apply the wax to the car’s body.You can add more if you need to.The wax should be applied evenly.If you want, you can buff the car’s body.Allow the wax to rest.Put a microfiber cloth on your car.
Step 14: Take care of the interior of your car.
The interior of your car should be as clean as possible to get the best price.Make the interior look new by spraying out your air vents with compressed air, vacuuming dust and crumbs, and wiping down the dashboard.Many classic cars have leather upholstery.If you want to make these look fresh and bright, you should look into how to clean leather car seats.Specialty automotive wipes are sold by many automotive stores that can be used to clean the dashboard and console of cars.You might be able to go faster with these.If you don’t feel confident in your ability to detail your classic car, you may want to pay a professional to do it for you.
Step 15: You can get a pre-sale inspection.
It is possible to raise the value of your classic car if it is in prime condition.The best way to prove this is to have your car inspected by a professional.A full, comprehensive inspection will cost between $75 and $100.It might seem like an unnecessary expense, but proof that your car is in mint condition could add thousands of dollars to the value of the vehicle.
Step 16: Take pictures of the car in good light.
In your classic car’s photography, be all inclusive.Don’t leave anything out.Many buyers expect some amount of wear and tear on classic cars, even if you are hesitant to capture some of the rougher areas on camera.Showing the true condition of your car will encourage honesty with potential buyers.Pictures under the hood show the condition of the engine.Put the car up in the air and take photos if you have access to a car lift.Don’t be repetitive with your car photos.