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Are you looking to sell your car or trade it in for a new one? How are you determining the price and will it be realistic and correct?

When you trade into a dealer, they are taking on the risk that your car might need considerable work in the future and when you do present your car to find out how much it is worth for a trade-in, the dealers will conduct an inspection to ensure your car is sound and also check for any issues including the following:-

• Replacement or reconditioning of parts under warranty
• Whether they will keep it on the lot or sell it to an auction house
• Whether you need new tyres and windscreen
• Is the car roadworthy?
• Does the car need repairs to the body?
• Is the car legal and does have any recalls from the manufacturer?
• Check on the personal property security register

As you can see, there is a whole lot that goes into a trade-in and if you have done a quick search and are expecting the same price as you might have found for an online private sale listing, think again.

If you choose to sell privately, keep in mind that you will need to disclose mechanical issues or things such as hail etc. In most instances, a full roadworthy certificate must be provided by you to the potential buyer.

A car broker like National Car Brokers may also be able to assist with your trade in. National Car Brokers have a huge buyer and wholesale network that can get you more money for your trade-in than dealers offer. This is because they go straight to the source without dealers “under-netting” the trade-in and adding on a bit of profit before passing the vehicles on.

Sites such as Redbook.com.au  can help to provide a clearer idea of the expected trade-in you might be offered. However, it is just a guide. As we know the value will always be determined by how much someone is willing to pay.

Contact the team at National Car Brokers if you are in the market for a new vehicle and/or need trade in your vehicle.

See the original article here.