Ultimate Guide On How to Sell Your Car Privately

Posted on  February 3, 2025 by Car Chaser

When it’s time to sell your used car, you want to get the maximum value possible. However, selling privately can be daunting and risky. You have to deal with no-shows, lowballers, test drives with strangers, and coordinating paperwork. It’s enough to make you trade it in just to avoid the hassle! But there’s a better way – selling through online platforms like Car Chaser! Read on to learn more.

1. Determine Your Car’s Value 

The first step is researching your car’s current market value. At Car Chaser, you can get an instant valuation after entering your car’s details. Compare prices of similar models and trims for sale in your area. Adjust for factors like mileage, condition, accident history, and optional features. Be realistic about its condition, as overpricing can deter potential buyers.

2. Prepare Your Car for Sale

Before listing your vehicle, make sure it’s in top condition. Start with a thorough cleaning—both inside and out. Consider detailing services to make your car look as appealing as possible. Next, gather all necessary documents, including:

• Title of ownership
• Service history
• Any warranties or receipts for recent repairs

3. Create Appealing Listings

Once your car is ready, it’s time to create an attractive listing. High-quality photos are crucial—take pictures from various angles, including the interior, and highlight any unique features. Write a compelling description that includes the following:

• Year, make, and model
• Mileage
• Key features (like fuel efficiency or safety ratings)
• Recent repairs or upgrades

4. Screen Potential Buyers

As inquiries come in, screening potential buyers to ensure they are serious is essential. Ask them questions about their interest in the vehicle and confirm they have the necessary funds. This will save you time and help you avoid tire kickers. 

Arrange to meet potential buyers in safe, public locations. Consider bringing a friend or family member for added safety. During the meeting, allow potential buyers to inspect the vehicle. Be prepared to answer questions about its history and condition. 

5. Negotiate with Confidence

Negotiation is a natural part of selling your car. Be open to offers, but know your lowest acceptable price beforehand. If a buyer makes a low offer, don’t hesitate to counter with a higher price, justifying it with facts about your car’s condition and market value.

When you receive an offer that meets your expectations, it’s time to finalize the sale. Ensure all agreements are put in writing. A bill of sale should include:

• Buyer and seller’s information
• Vehicle details (VIN, make, model, year)
• Sale price
• Date of sale

If you use Car Chasers, you won’t need to do any guesswork. Your car is auctioned off to dealers in a 95-minute bidding window. Once the auction ends, if the reserve is met, your car is sold to the highest bidder. So, you often receive above-market value for your car.

6. Complete the Transaction

Once an agreement is reached, the next step is to handle the paperwork. Depending on your province, you may need to complete specific forms to transfer ownership. Ensure you check local regulations to avoid any surprises.

When it comes to payment, prioritize secure methods. Cash is always a safe option, but consider alternatives like a bank draft or electronic transfer for larger amounts. Avoid accepting personal checks, as these can bounce.

7. After the Sale

Once the transaction is complete, cancel your insurance policy on the vehicle and remove any personal items. If applicable, notify your lender to settle any remaining loan balance.

Want to avoid all of this hassle? Switch to Car Chaser! We take care of everything from listing to sale, making it convenient. You won’t need to meet potential buyers or handle any paperwork. You’ll receive instant offers from licensed dealers, which means no hassle of negotiation.

Our vehicles sell through quick 95-minute auctions, much faster than the wait for a private buyer. Plus, the auction format helps to maximize your car’s value as dealers compete with their bids. And the best part? CarChaser is fully licensed by OMVIC and backed by Carfax Canada, so you can feel confident in the whole process! What are you waiting for? List your vehicle now.