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Is selling a car online risky?

No, selling your car online is one of the fastest and hassle-free methods. Make a car valuation check before knowing the worth of the vehicle.

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Is selling a car online risky?

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  1. Four Steps to instantly sell your car in the UK for a better price:

  2. Selling your car has become easier and convenient these days. However, you should be vigilant in certain aspects to escape from scams around. You have to consider a few essential factors before selling your vehicle to get the maximum offer. • Documents to be ready: • Why should I go online for car selling? • How to know my car's worth before selling it? • Informing DVLA about car sold status

  3. What documents are essential to selling my car? • Though paper works have become secondary because of the online sale of the vehicle, it is mandatory to make all the required paperwork ready to sell your car at ease. Also, it attracts potential buyers to your vehicle when the paperwork is prepared. • It is essential to hand over the vehicle's V5C document, which is proof of ownership (Not in all cases). It is the evidence to show who is the registered keeper of the vehicle. • If the vehicle has any handbook, you can also include it in the paperwork and handover to the buyer and to know more about the car. • If the vehicle is three years old, then it is essential to include the MOT certificates to know if the car has passed the MOT tests and in condition. • The service history book of the vehicle is also an important document that tells the current condition, car value and maintenance of the vehicle. You can also include the receipts if available. • You should include the final settlement agreement if the vehicle is bought on finance. There are chances that the car might have outstanding finance, which causes future problems to the buyer. • The proof of purchase is also an important document to be produced when selling the vehicle.

  4. Why should I sell my car online? Selling a car has so many ways these days. Today people sell and buy anything online that has become a more convenient way of selling or purchasing any product. It is also one of the rapid methods to sell your vehicle when you are in urgent need of money. One drawback of this method of selling your car is you cannot expect a higher quote for your car from a private dealer, but it will make the process hassle-free. Find the best car selling/buying websites online. You have to provide your vehicle's profile and then wait for the site to work on your vehicle's profile. After which, you will get offers and quotes on your car. If you feel the offer is acceptable for you, then you can precede the sale.

  5. Is it essential to know my car's worth before the sale? Yes, it is essential to know the value of the vehicle before selling. By knowing the car value, you can negotiate a fair deal for your car. To know how much your car is worth in the marketplace can identify by using the registration number itself. Yes, there are portals offering car valuation reports instantly, and one such is Car Analytics. Once you decide where to showcase your vehicle by analysing the marketplace and the vehicle condition, it can be the part-exchange, direct dealer, private dealer, or auction. It is a possible way to attract buyers by selling the vehicle at a fair price and an issue-free vehicle. Both buyers and sellers can use the vehicle check portal to know the complete history of the car.

  6. Informing DVLA about car sold status: Once you received the payment from the buyer and it needs small paperwork to keep things clear for both parties. At least, you should offer a written statement about the sales and mentioning the sales as seen, tried and approved without guarantee for the protection. Collect yourself evidence like a dated signature from both the parties and keep a copy. You need to follow specific steps to make it official about the car sold status. It means you need to give the buyers the correct information and DVLA about your decision on selling the vehicle. As already told, the paperwork is essential to selling it legally, so ensure before you sold the car, you have to update the V5C in case of changes in your name or address or modification made to it. Commonly, the buyer usually looks at the registration document to verify the vehicle details' accuracy. So don't share the logbook reference number or picture/copy of your logbook with anyone. Because possibilities to misusing the information are quite high and it might cause the vehicle to risk. If you are a personalised number plate holder, ensure you apply the form to remove it before you sell it.

  7. The major part of selling the vehicleis informing DVLA that your vehicle is being sold out. It is mandatory to notify the DVLA about the change of car ownership where you are not liable for the car anymore and has a new owner. Keep these steps in mind and have peace of mind during the completion of selling your vehicle.

  8. Thank You

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