If you feel it’s time to be parted from your trusted “friend” the least you can do is to find your hot rod another home. Selling a classic car can be two ways, easy as breathing if the car itself has been a complete pain, or it can be heartbreaking, after hours on end spent in the garage restoring its smallest of components. Either way, if you’re set on selling it then there are a few steps you need to take if you want to gain a little compensation for your pain.
The first thing you need to do is find out the market value of your classic. One of the ways to do it would be on the internet, there are thousands of sites and online guides for nearly every type of car in existence. There you can find complete details on cars, the exact model as yours with all the specs given.
Another way would be to contact a specialist, someone particularly experienced on your car’s model and ask them to evaluate it at professional level. That may cost you a couple of bucks, but the specialist can give you papers proving that the evaluation has been made and the car is in mint condition. This will appeal a lot more to the interested viewer than other similar models on sale, therefore making you a top priority for potential buyers. Don’t put too much trust in evaluation given by classic car insurances. They evaluate the cars based on a set of photos and that’s about it. As you may find yourself looking at a beautiful hot rod that’s missing a wheel or other “little” glitches. This is one of the reasons why a professional opinion will ensure more credibility to potential buyers.
Sell Classic Car
Once you have decided upon a price, the next obstacle to overcome is finding possible locations for advertising. The traditional way is to enlist the car and a couple of photos some of the many classic car magazines that are flying around nowadays. This way might take a while since there is a considerable amount of time from the article submission and the printing time.
A more efficient way would be enrolling it in a car auction. Keep in mind though that this is not the best place to get top bucks for your classic, on the contrary, as many people come the these auction in hope of getting a bargain themselves, therefore not the best place to go if you want to get a good deal for your hot rod. Also keep in mind that each auction house has an auction house commission that can vary from 5 – 15%. All in all, if you want to get rid of your classic fast, an auction house is the place to be, otherwise if you think you have the patience, do it yourself.
An option that combines the two, but with great advantages drawn from both ways discussed above would be an online auction. By placing the car on a website (especially a visited one as ebay) you are ensuring that your car will be visited by thousands of viewers every single day. The beauty of it is that the fee is considerably smaller and you get to advertise the car exactly the way you want, you can pick which bidder you see fitting for it, after all you want your classic in a good home.
All that remains to be done is the deal. And the golden rule to it is: be honest. The buyer will know the car has faults.