Turn your old car into cash: 5 insider tips to get the best price

Needs and circumstances change with age, and sometimes that means saying goodbye to your trusty four-wheeled companions. Whether you’re downsizing, upgrading, or simply looking for a change, selling your car can be a bittersweet moment. But before you hand over the keys to its new owner, you’ll want to ensure you’re getting the best possible price for your beloved vehicle.

At YourLifeChoices, we understand the importance of maximising your return on investment, so let’s dive into some insider tips to prep your car for sale and get the best value.

1. Declutter and give it a deep clean

First things first, it’s time to channel your inner Marie Kondo and declutter your car. That means bidding farewell to the loose change, the forgotten fast-food wrappers, and yes, even those nostalgic CDs.

A thorough clean, both inside and out, can make a world of difference. If you’re pressed for time, a professional detail might be worth the investment.

Otherwise, a DIY wash and polish can do wonders. Don’t forget the interior—a spotless cabin free of personal items and stains can make your car feel almost new.

Remember to tidy up the engine bay too. A clean engine can give the impression of a well-maintained car, even if you’re not mechanically savvy. Just be cautious with water around the engine—a damp cloth is often all you need.

A clean car is not only more appealing to potential buyers, but it also sends the message that you’ve taken good care of it. 

2. Get it checked by a trusted mechanic

Next, consider the mechanical health of your vehicle. A roadworthy car isn’t just a legal requirement in many states; it’s a sign of a well-maintained vehicle that’s likely to fetch a higher price.

If you’re not mechanically inclined, it’s worth taking your car to a trusted mechanic for a once-over. They can check the essentials like tyre tread, exterior lights, horn function, and seatbelt condition.

Addressing issues can prevent buyers from haggling down the price due to minor faults. Image Source: Shutterstock / Rohatynchuk Mykola

In Victoria, Queensland, and the Australian Capital Territory (for cars older than six years), proving roadworthiness is mandatory when selling a registered car. But even if it’s not required in your state, it’s a good idea to ensure your car is up to scratch. It shows responsibility and care, which are qualities buyers look for in a pre-owned vehicle.

For those with near-new cars that have been serviced regularly, you’re already ahead of the game. However, if your car is older and the service history is a bit hazy, consider getting it serviced before listing it for sale.

Savvy buyers will appreciate the peace of mind that comes with a recent service.

3. Get rid of any custom add-ons

Now, let’s talk about customisation. If you’ve decked out your car with aftermarket modifications, you might find that returning it to its stock condition could be more profitable. 

Selling aftermarket accessories separately could net you more cash, as buyers often prefer to customise their new purchase themselves.

4. Gather all necessary paperwork

Documentation is your friend when selling a car. A full service history, the user manual, and any other relevant paperwork can significantly boost your car’s value. It’s proof of your diligent care and can give potential buyers confidence in their purchase.

Cosmetic appeal matters too. Image Source: Shutterstock / AboutLife – Raev Denis

5. Attract buyers with great photos

After addressing significant blemishes in your vehicle, you could further increase its value.

Finally, when you’re ready to list your car, take high-quality photos and write a clear, honest ad. Set a fair price based on your car’s condition and market value, and then sit back and wait for the offers to roll in.

Selling your car can be an emotional experience, but with these tips, you’ll be well on your way to a successful sale. And who knows? You might just have enough extra cash to splurge on something special for yourself or contribute to your next automotive adventure.

We’d love to hear from our readers—what are your top tips for getting the best price when selling a car? Share your experiences with the YourLifeChoices community in the comments below.

Also read: Is your car’s value at risk? Understand the trends and how they could impact you!

Floralyn Teodoro
Floralyn Teodoro
Floralyn covers different topics such as health, lifestyle, and home improvement, among many others. She is also passionate about travel and mindful living.

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