You have surplus money with you and want to buy a new truck. But what exactly do you do to your old vehicle? Sell it? Auction it? Or go in for a dealer’s trade? Old trucks are both a physical and mental burden.
The process of selling your old vehicle may seem quite cumbersome but it actually takes a great degree of planning and organization if you wish to get the maximum possible value out of it.
While you may look for a dealer’s trade in and leave the hassles to him, you will have issues regarding low price of the vehicle. Well don’t worry these steps will guide you in driving out maximum value for your old truck.
Look out for service records
If you have serviced, your truck timely and have kept a record of the services it surely will increase the selling price of the vehicle in all probability. Buyers look for authorized service center records before buying used vehicle. Look out for repairs that you may have to carry out and make sure you keep the receipts of all the repair job done handy with you.
Do a thorough cost-benefit analysis of the situation whether repair cost are actually worth spending and will award you a higher resale value. You need to determine whether you will be able to increase the selling price of the truck enough to recoup the cost of those repairs. At times minor repairs do increase the value of your vehicle and you get a good deal.
Look for Original paperwork
If you have the original papers with you then it’s almost like half the battle won. It gives the buyer an assurance which automatically helps in getting a better value. No buyer would want to get into illegal selling and would want authenticated documents first.
Also make sure you have original insurance papers and warranty cards with you. If your vehicle was ever involved in an accident, make sure you are honest about it to the buyer. Deceiving the buyer would eventually make him lose trust on you and you might lose out on a genuine deal. You don’t wanna do that right!!
Keep the vehicle in proper condition
If you have broken parts, too many dents, or worn out tires consider repairing or replacing them. It will add to the value of your truck and help in getting a better deal for you. A clean and well-maintained truck looks better in advertising photos so make sure you wax and polish the interior as well as exterior of the vehicle.
Also vacuum the interiors and clean all the glass in and out. This increases the valuation and the buyer’s perception about the vehicle also becomes positive.
You must keep in mind that it is not a good idea to go for too many costly repairs as it would not be worth in the end.
Advertise you deal
Advertising is one of the major steps you could take to get the best deal. It is the first thing that a buyer would see when he looks for buying a used truck. Click some good photos (high resolution) of your vehicle and post them on social media and other public places.
Potential buyers are always on the lookout for the best-looking trucks. In order tap the best buyer you must make your ad reach to largest possible audience. Even if a transport company is searching for a truck it will get to know about you only through better advertising.
Negotiate the price
Never forget to negotiate the price the buyer is willing to pay. The art of negotiation often comes into play in getting the maximum value out for your truck. If you settle for the buyer’s quote, then you lose on the opportunity of getting a better value. So never lose out on the aspect of negotiation.
Take help from professional dealers
If you are not sure about things you can contact a professional used truck dealer who will help you with related issues. Companies like Malcolm Taylor Commercials will help you and guide you all through the way in getting the best value for your vehicle.
Getting these things right will help ensure you get an effective deal so that you get the best worth out of your old truck.
Malcolm Taylor Commercials specialize in high quality and highly reliable commercial vehicles from 7.5 Ton Rigids to 44 Ton Tractor units and trailers. By only providing great condition, modern vehicles with low mileage Malcolm Taylor Commercials have built up a truly stellar reputation over the 30 years they have been operating, one that has been truly earned.
They boast a large and diverse selection of used vehicles which includes big names such as Ford, Renault, Volvo and Mercedes-Benz, all of which come with full history and a warranty for complete peace of mind.