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Selling a used car: useful information

If you want to sell your car, you have to deal with a few things. Where and how can you sell your used car? What price is reasonable for the condition of the vehicle? Which documents have to be handed over?

Where can you sell your car?

An important consideration is how you want to sell your car. In principle, you can handle the sale privately, through a dealer or through online portals.

Private sale

The private sale brings the most freedom, you can set the price and conditions yourself. In addition, the best price can usually be achieved in this way, since you don't have to give anything to intermediaries. But it is also much more complex to sell the car on your own. You have to take care of advertising in used car exchanges on the Internet or in the newspaper to find a buyer and set the price yourself. You also have to draw up the purchase contract yourself and arrange test drives if necessary. In addition, depending on the price segment of the car, it can take some time until an interested buyer is found.

Purchased by a dealer

If you want to sell the car quickly, buying it through a dealer is an option. Although the selling price here is generally a little lower than with private sales, you don't have to worry about any inquiries, test drives, etc. Nevertheless, even when buying a car, you should take the time to get several offers. It is also helpful to be familiar with the condition of the used vehicle. In this way, the trader cannot “spoof” any additional weaknesses.

Sale on the Internet via purchase portals

There is also the option of Car purchase via online portals such as meyerautomobile.de. This means that the car can also be sold quite quickly and the sale is very convenient. The car is simply valued online by parameters such as the car's model and mileage to obtain a preliminary selling price. The car is then picked up, the sale is handled by the seller and you receive the estimated price.

Determine the price

When selling privately, you have to determine the selling price yourself. It is advisable to research used car exchanges to find out how much is asked for on average for similar cars in a similar condition. It should be noted, however, that the specified sum usually only represents a basis for negotiation. The following applies as a guideline: sales price minus 15%.

Smaller investments pay off

In order to get a significantly higher price, it is often worthwhile to carry out minor repairs. Paintwork damage and dents are quickly repaired, but significantly improve the look. An ozone treatment for an average of €100 can help get rid of indoor odors. A used car check assures the buyer that everything is in order and can be done at any inspection center for around €100.

Which documents are necessary?

The following documents and items must be handed over at the time of sale:

  • Purchase contract, signed by both parties
  • Registration certificate Part I / vehicle registration)
  • Registration certificate part II (vehicle registration document)
  • HU and AU certificate
  • Service booklet, maintenance and repair invoices (if available)
  • Pictures and reports for accident damage (if available)
  • Keys or code cards for the vehicle
  • Manual
  • General operating permit (ABE), type approvals and partial certificates for accessories and attachments (if available)

It is important not to hand over the car until the entire amount has been paid. You should definitely keep a second purchase contract, which is signed by both parties, and the notice of sale, also signed by both parties.

The sale of a private used car is definitely associated with some effort and should be done with care. After all, it's not a small amount of money. Whether you buy your car privately, through a dealer or via a purchase portal, everyone has to decide according to their personal circumstances.

Photo / Video: Photo by Nabeel Syed on Unsplash.

Written by Option

Option is an idealistic, fully independent and global social media platform on sustainability and civil society, founded in 2014 by Helmut Melzer. Together we show positive alternatives in all areas and support meaningful innovations and forward-looking ideas - constructive-critical, optimistic, down to earth. The option community is dedicated exclusively to relevant news and documents the significant progress made by our society.

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