The risks of selling your car privately

Post by webuycars on 27 July 2023

Figuring out how to go about selling your car can be a daunting and inefficient experience. Especially when you are faced with online buying services, dealers, traders and selling privately which complicate the decision-making process. In this blog article, we uncover the risks of selling privately to assist in narrowing down which method works best for you. Safely sell your car in Brisbane

What does it mean to sell your car privately?

If you take this route you must advertise and manage the entire sales process yourself. This requires a lot of effort and can lead to more risk. At times this pays off but there is no guarantee that you will leave with the most competitive price. 

Risks of selling your car privately

Time Consuming

It takes time to answer each enquiry that comes in, all while having no idea how serious each enquiry is. You can expect phone calls and texts at all times of the day and night which can become very tiresome. People will want to see the car for themselves which means setting up appointments and risking a no-show which is a huge waste of time that happens far too often. 

Constant Back and Forth

The process of haggling with potential buyers is exhausting. Everyone wants a good deal and many are unwilling to back down. You can expect to be in a constant back and forth with prospective buyers - that’s just a part of the private selling process.

More Effort

There are many of things to consider like researching the value of your car, finding out what documentation is required, managing enquiries and organising test drives - you are expected to be on top of all of this. You also need to consider the upkeep involved with selling your car. It must be clean at all times in the case of last minute appointments. 

More Paperwork

Paperwork often ranges from preparing a tax invoice for yourself and the buyer, submitting a notice of disposal with relevant authorities, organising a roadworthy certificate, completing a registration transfer - the list goes on. 

Risky Business

Overall, you are more at risk of being scammed and or losing money. It takes time to keep track of all financial transactions and make note of important information like your buyer's licence number. 

These are all extra tasks you would not have to worry about with We Buy Cars. If you are a busy person who has work and other priorities, selling privately might not be for you.

Overall, you are more at risk of being scammed and or losing money. It takes time to keep track of all financial transactions and make note of important information like your buyer's licence number. 

Benefits Of Selling With We Buy Cars

Save time and hassle 

When you sell your car to us, you will be saving on advertising costs and lengthy paperwork as we will walk you through all the information you need to know. With us, you are able to sign away your car without worrying about it coming back to burden you in the future.

Risk-free selling experience

Avoid the risk of having to deal with car issues after selling it. For instance, when selling privately, if something happens to the car a week after selling it, the new owner might try contacting you and making it your responsibility to fix it. You won’t have to worry about such scenarios popping up with We Buy Cars.

No Safety Certificate Needed

In many states of Australia, you need to provide a roadworthy certificate when selling privately which can be a very painful process if you receive a lengthy list of required repairs. With We Buy Cars, all we ask is that you drop it off to us and we will take care of the rest!

More Secure

We are the experts when it comes to the car selling industry, so you are in good hands with us. The risk of being scammed or losing money is not even a possibility as our processes are set up to provide you with a fast solution to selling your car.

Got Questions?

Still feel like you need some reassurance or just have some questions you would like to run by a team member? Get in contact with us today and give us a call on (07) 2113 5271 and set up an appointment. 

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