The used car market is hot, hot, hot right now.
If you’ve got an extra vehicle sitting in your driveway that you’re not needing to trade in, now is the time to sell it while demand is high and prices are higher.
You also have more options for selling your car than ever before. Dealers and wholesalers are clamoring to buy cars, or you could go old school: stick a for sale sign in the window and see what happens.
Unfortunately, what happens isn’t always a good thing.
Craigslist and Facebook Marketplace have made it easier than ever before to sell your car yourself by letting your reach hundreds, even thousands, of potential buyers.
It’s easy to look at what vehicles are selling for at car dealerships these days and think that you can cut out the middle man and stick all the extra cheddar in your pocket. The dirty little secret of car sales though is that’s just not the way it works.
It’s possible you could end up with a little more money by selling your car yourself, but you’re going to work for every penny.
“If you’re going to sell your car to anyone, you need to make sure you trust this person,” says Benjamin Dykstra from Vehicle Hero, but you don’t even know the people showing up off your Craigslist ad, much less trust them.
If you don’t know what you’re doing, if you’re not completely careful, if you don’t dot all the i’s and cross all the t’s, the police could show up on your doorstep to hold you legally and financially responsible for a vehicle you thought you sold months, even years, ago
“It’s really important when you sell a car privately, that the buyer signs the title, that you sign the title, and that you retain a copy of it so if it ever comes back, you can prove that you sold it,” says Dykstra.
“You want to fully release yourself from liability.”
Some buyers will try to convince you to hand over the keys and a signed title but leave the buyer section “open” so they can turn it around for a quick buck without registering the vehicle or paying taxes. If that vehicle is subsequently used in a crime or involved in an accident, and you can’t prove that you actually sold it, you could wind up on the hook or in the slammer.
Vehicle Hero allows you to sell your vehicle for the most money in the least amount of time, without risking your personal safety or causing yourself needless aggravation.
Connect with Vehicle Hero, give us the basic information about the car, truck, or SUV you’re selling, and then something completely unexpected and magical will happen:
Your Hero isn’t going to try to sell you anything. What they do is help maximize your selling price by introducing you and your vehicle to our network of local, pre-vetted buying partners. Buyers we know and trust.
If you’d like a free, no-obligation cash offer that will allow you to sell your vehicle at the highest price without wasting any unnecessary time, without meeting strangers in strange parking lots, and without letting your vehicle lose any more value while you try to decide, enter your VIN here.Back to all posts