If you would want to sell your car and you want to do it efficiently you can actually start right when you acquired the car itself. While you are still out trying to figure out what car to buy, you should be looking into its market value after a couple of years possibly when you would then be interested to sell it to get a new one. It is not really advisable to really wait too long before you sell a car. Most of the time if you do this, you will be losing a lot on its market value and you will end up barely having anything to add onto the budget you have for a new car.
The best way to do this is to actually check the market value of your car once in a while. There are also third party forums that would give you an idea on when would be the best time to sell a certain make and model of a car. You cannot just price the car you are selling according to the market value. You would need to consider this of course but this is not all that you have to consider:
Aside from the model year of a car, one of the things that are considered for its pricing would be the mileage. There are a lot of issues concerning the mileage because there is a lot of fraud that had been seen with regards to odometer tampering. This is why the bill of sale that you will be expected to prepare will save you from any form of trouble later on. The bill of sale will be used to monitor if a car in question has undergone any tampering.
This is actually a big deal. This is why when you go about choosing the car insurance for your car, it is important that you find a company that works with a good shop or find one that works with an accredited shop for better maintenance. This can be found right in the vehicle history records.
Has the car been in an accident? If yes then this will dramatically decrease the value of the car. I would say that you do not cheat this because you will be putting the next owner in danger in change for money. Depending on the accident there is going to be a definite decrease on the vehicle’s integrity.
So aside from just trying to get the market value for your car, try to consider all these other things. If you do, there is a fair chance that you will be able to go higher than what the market value was able to dictate. This may actually be better than selling your car in a used dealership. I would suggest that you try to sell this as a private seller. This way you will be able to negotiate better prices for your car.