It’s estimated that over 40 million used cars are sold in the U.S. every year.
If you’re one of the many individuals selling their car this year, you most probably feel stressed about the whole process. For most vehicle owners, selling their car feels like a demanding task. The negotiating makes them uncomfortable, and even worse, they may end up making scraps from the sale.
If you’re asking yourself, “How will I sell my car in Chicago?” here’s a complete guide to help you find the best value for your car.
Where to Sell My Car in Chicago
If you’ve been researching for places to sell your car in Chicago, it’s likely you’ve seen enough of them. There are so many companies claiming to offer you top-notch services.
If you’ve decided to sell to a dealership, there are few things you need to do for a successful transaction:
1. Detail the Interior and Exterior of the Car
It’s crucial that you make the vehicle attractive. Otherwise, the potential buyer will assume your car is faulty and may need future repairs. This detailing could simply involve:
- Wiping off the dust
- Removing stains on seats
- Waxing the car
- Replacing doormats
- Removing personalization
- Reviving leather seats
This cheap investment will leave both your interior and exterior looking great, which can help sell your car quickly.
2. Make Time for Pre-Purchase Inspection
Many cars for cash shops will want to inspect a used car before they buy it. They’ll inspect the brakes, tires, oil and air filtration, as well as the shock and struts.
They may also take the car for a road test to evaluate if it’s mechanically sound. Make time to fix the necessary repairs beforehand. If not, be ready to sell your vehicle for a lower price.
3. Do Some Pre-Maintenance
Besides making repairs, make sure to carry out the regular car maintenance before sales.
Things like oil changes, wheel balancing and alignment, transmission fluid, and windshield wiper fluid should be done before the inspection. You could also show the buyer your receipts of auto work to add some confidence in them.
4. Repair Body Damage
Small dents and scratches won’t be too expensive to fix. You could spare some few extra dollars to make the repairs in order to earn some good cash after selling.
How to Sell My Car in Chicago
Getting rid of your old car shouldn’t feel so stressful. There are several ways you can minimize the hassles and still get the best price out of it. Here’s a breakdown of some of the different methods you could use:
Sell It By Parts
For vehicle owners with wrecked, old, or end-of-life vehicles, selling car parts can make you some good cash. You could hire a mechanic to scrap out all the useful parts and components from the vehicle and sell them to the local salvage yard or to individual buyers. Some of these parts can fetch you a good sum of money.
You can find salvage yards online or in your local phone directory listings. Make sure to contact each that you find and ask them if they can buy individual parts for your car’s model and year.
Alternatively, you can also find a favorable junk car buyer in Chicago to buy it whole and save you the stress of selling parts.
Trade It In
For most vehicle owners, car trade-ins are the best and simplest ways of parting with old cars and bringing in new ones. When you choose to trade-in, the value of your old car gets deducted from the new cars price value, which helps reduce overall costs.
It also reduces time and energy hassles that come with selling used cars for cash. The only downside to this option is conniving salespersons. Since they’re well aware of the convenience of such deals, they’ll most likely lowball the price for the deal.
This is especially true if you’re buying a car that the salesperson is counting on to make profits through the trade-in. So, to avoid getting lowballed, research on how to value a car for sale first. Also, check listings to see where similar car prices range.
Sell it to Cash-for-Cars Companies
This is another hassle-free way to get rid of your used car. There are many cash for cars in Chicago that could buy your used vehicle, regardless of whether it’s operational or it has a title. Others will even buy one vehicle or an entire collection of them.
Sell Your Junk or Used Car to Cash Car Buyer
If you’re having trouble selling your car, there are many cash car buyers who could eliminate the stress associated with trading a car on your own. When you contact Cash Cars Buyer, we’ll buy your car, SUV, or truck in the shortest time possible.
You also get an actual offer and get to enjoy fast appraisals, home inspections, and vehicle pickups for free.
Best Times to Sell My Car in Chicago
Besides the price, the time and season that you decide to sell a car in Chicago matter a lot. There are several seasons across the year you can make the most from your car sales. Here’s a few of them:
According to experts, people spend most on used cars during the holiday seasons. Many view this as an excellent time to buy themselves things that’ll be useful to them as well as make them happy. You can take advantage of such times to advertise your car on cash for cars in Chicago sites online.
This way anyone on the lookout for one can find you easily.
When tax season is at hand, this means refund checks are knocking in the mail. Most individuals find this an excellent time to make down payments for a new car or to upgrade the current one. This definitely results in a considerable rise in the demand for cars, whether used or new.
If you’re planning to sell your car, the tax season could be an ideal time to do that.
During Seasonal Changes
The ideal time to sell your old used-car is during summer seasons. At such times, the weather is nice and most sellers and buyers are willing to engage in trade. By contrast, avoid selling the car during the winter season, as people tend to shop less. The only exception to this rule is if there is an imbalance in the supply and demand chain.
If everyone sells during summer or spring the market floods, causing the prices to drop. That said; consider selling your car when there is a shortage. For instance, if you notice that there are dozens of Toyotas available in the market, wait for them to thin out to sell yours.
Before College Starts
Students who are joining college may need a car to help them get around town. Due to this, you can expect to notice a high demand of used-cars during the beginning of the semester. Since most can’t afford new cars, this could be an opportune period to offer them something that works for them and their pocket.
When Conveyance Prices Hike
Sometimes, the cost of public transportation can get more costly than traveling in your personal car. This is the other times when people start looking for used cars to buy. If you can keep in check on the prices, you can be able to sell your car in season at a great deal.
How to Sell My Junk Car in Chicago
There are several legal rules you need to follow before you sell your car. These rules apply if you’re trading with a private individual. They include:
Signing the Car’s Title to the Buyer
If you don’t do this, you could still incur liabilities relating to the car. You should also have the buyer sign a Bill of sale and cancel your insurance for the car.
Letting all Co-owners Sign
While transferring title from buyer to seller, you must ensure that all co-owners have signed the document. On most occasions, spouses are the co-owners but it could be anyone else.
Removing License Plate
In Chicago, it’s mandatory that you remove the license plate before you transfer ownership to another individual/company. Make sure to follow this to avoid problems in the future.
Certifying Car’s Mileage
Make sure to note the correct mileage of the car in the title. Also, the VIN (Vehicle Identification Number) on the vehicle should match that on the title. You could also provide your seller with a copy of the old title.
Notifying Secretary of State About Car Sales
This will prevent you from incurring any possible problems should the buyer fail to get a new title.
Where is the Best Place to Sell My Car in Chicago?
For sure, it can be difficult to let go of your car. But rather than let it rot in the garage, you’d rather make some cash out of it. Make use of this “sell my car in Chicago” guide to get the best value for your car.
For more tips on how to sell a car, make sure to check out this blog post.