If you are the proud owner of a classic car, whether it’s an American or European model, you know your vehicle is a treasure. Not only does it have sentimental value, but your ride could be worth a hefty return if you decide to put it on the market. When you make the decision to sell, it should not be taken lightly. Consider the following tips before you accept the first offer that comes along for a car that is in a class by itself.
Know Exactly What You Have
Be sure that you have all of the details concerning your car, from how many owners have enjoyed your beauty, to a detailed service record. If there have been alterations or you’ve completed a pricy restoration, you’ll want to document that information as well. Think about how much you have put into the car when you are determining its worth. You can have it appraised by an expert in order to ensure that you get your money’s worth when you actually make a sale.
Service Your Car
If you are a do-it-yourself kind of person, do a thorough inspection of your car, change the oil, swap out the filter, check the air pressure in your tires, and put in new spark plugs. If you don’t have the time or the skills to do your own maintenance, bring it to a reputable auto shop. Keep a copy of your inspection to share with prospective buyers.
Place a Variety of Listings
You’ll find that there are many resources for listing a classic car, from the classifieds in the newspaper to car magazines and online forums. You can also focus on websites that deal with your make and model in particular. This type of site will draw enthusiasts for your classic car. The more listings that you place, the greater opportunity you will have to sell your car. You’ll have more offers and have a better chance of getting the price that you want.
Consider a Car Auction
A car auction, especially one that is devoted to classic cars, may be one of your best opportunities to find an interested buyer. However, a percentage of the sale will go to the auction house. You also need to consider having a reserve to ensure the car does not sell for less than your asking price. If you are not willing to list your car or wait for a buyer, we buy classic cars.