With upwards of 2.6 million vehicle registrations during the past year alone, the United Kingdom’s automotive sector is booming and is expected to reach record numbers in 2018. However, if you’d like to sell your car, truck, or SUV this year, there are some important facts and figures you should be aware of.
Selling Your Vehicle Is Much Harder than You’d Think
During an extensive study of the vehicular marketplace, researchers were able to unearth some surprising statistics regarding private sales:
- Selling a lightly-used vehicle in good condition generally takes about 3-4 months, but it can take up to a year or more to unload a high-mileage car in today’s ultra-competitive landscape.
- The average private sale involves negotiations with approximately 20-40 buyers, the vast majority of which are simply researching or window-shopping.
- If you decide to list your vehicle with a web-based advertising platform, you’ll likely spend hundreds of pounds on fruitless promotional fees and re-listing costs, which will considerably diminish the amount of money you can recoup.
Thus, if you’d like to complete a quick and fair sale, it’s in your best interests to avoid the private market altogether. You’ll actually be best served by partnering with a trusted sell your car company in Wakefield.
Your Local Specialty Buyers Represent the Best Resource
If you visit the webpage of a renowned vehicle buyer in your vicinity, you’ll be able to input some basic information about your car and immediately connect with a friendly, upstanding professional to close a lucrative sale.
You can use the proceeds as a deposit on your next vehicle or obtain a cash payment directly from the buyer, so be sure to reach out to one of these resourceful professionals as soon as possible.