Used cars are very popular in Canada and the rest of the world, which is why it’s such a big market. Interested buyers have so many choices, but also need to be on the lookout for many different things. Finding a used car can be the biggest task as there are many options and ways to find the cars you want.
There are also many dealers that sell a variety of cars, which is usually the best option as they are willing to provide additional more services and get all the paperwork in order that is required. However, selling your car to a dealer isn’t always the best idea as you can get more for it when selling privately, but most people don’t have the time to advertise the car and show it to interested buyers, which is why they would sell to a dealer or trade it in on another car they are interested in.
Buying a car privately is very much like going through a dealer, but it is up to you (the buyer) to ensure the seller has all the documents in order and has taken the car for the required safety checks. Also ensure the seller has the UVIP, which you will need to register the car and complete the purchase. You do have the option to do the UVIP yourself, but it’s difficult as you cannot legally more the car without new number plates.
Selling is the exact opposite of buying. Here you need to ensure all your documents are in order. I would recommend getting all the checks and paperwork in order before even advertising the car. This makes the buyer feel more secure, which leads to an easier sell. Everything will also go much faster once you have all these documents in order. It would be a good idea to complete the sale at a bank as they can ensure everything is legal and all documents are in order, which is a great safety advantage for the seller and buyer.
Where to sell or find a car
If you are looking to do everything privately and avoid dealers, there are different websites to consider. These include AutoTrader as they offer an incredible range of cars to choose from. The website also has a filter option, which allows buyers to select the make, model, year, millage, price, fuel type and many more, which will bring up all the cars available within those filters. The website also offer a filter options where you can choose between private setters or dealers.
Selling your car is very much the same. There are many classifieds to consider, which usually allows you to advertise for free. AutoTrader is one of these websites, which is usually the best place to start with, but the more places you advertise, the better.
Buying and selling New Cars
When I say new, I mean cars that are still very young and have low millage. With these cars it’s best to go back to the dealer you bought it from. They will be able to offer a fair price and resell the car as a demo.
Buying secondhand or demo cars from new car dealers is not a bad idea at all. These cars are usually certified, which means they have been checked and repaired if needed. In most cases these are also still under warranty and can be considered just about brand new with a lower price tag and a few miles.