Selling your car can at once be both liberating and emotional. You’re parting with a long-time companion, one who has been with you through all the road bumps (literally!). But you can also see it as clearing out the old and bringing in the new. I mean, you couldn’t have kept the same car forever now, could you?
Since you’re still reading, I assume you have decided to sell a car. That’s great!
But before you head out into the city and sell it to the next person you find in Auckland, let me stop you and give you a few things to keep in mind and get done before and during the selling process.
Prepare Your Car
Take your car to the cleaners, get a basic service done one last time, and make sure all your car parts are fit. Don’t forget to take pictures of the exterior and interior to put up online. Potential buyers are likely to take a second look if they get a good first impression.
Decide How to Sell Your Car
If you want to get rid of your car quickly or if it’s in a dilapidated condition and can no longer be used, cash-for-car companies are the choice for you. They buy your car no matter what condition it is in and give you hard cash for it.
On the other hand, if you want to hand the keys over to the next owner personally, you can opt for privately selling it. Consider online listings, yellow pages, word of mouth, private companies, etc.
You could also go for a trade-in where you can strike a deal with some car dealerships and exchange your car.
Collect and Update Documents
Make sure that any outstanding licence fees are paid up, your RUC (Road Usage Charges) are up to date, and your car’s Warrant of Fitness (WoF) is less than a month old. Buyers may be okay with an older WoF or no WoF at all, but as a seller, you have to get a signed document that states they are okay with it. Vehicles without a WoF must be advertised ‘as is, where is’.
Also, ensure that you have the car’s ownership papers in place.
Complete the Sale
Once you strike a deal with the buyer, meet up and discuss the next steps. After price negotiation, accept cash or cheque from a local bank. Sign the transfer of ownership documents once payment is cleared. You as well as the buyer will have to inform the NZTA about the sale so they can update their database. This is important to avoid fines.
Selling your car is not a decision to be made overnight. To get the best and avoid getting duped, do lots of research, find out the market price of your car, talk to people. No time is too much time to decide the fate of your car. Be wise!