If you are selling your vehicle to any car-buying service, you are probably already aware of the fact that your car will need to be appraised. Nobody will buy a car without physically seeing it first, which is why it’s important to know what to expect.
Although, it entirely depends on the car buyer you go to, the appraisal process allows the potential buyer to inspect the vehicle, check for any damage, and figure out how much the car is worth in its current state.
We’ve decided to take an in-depth look at the process, to help you better understand it, and prepare you for what’s to come.
So, you’re selling your vehicle. You booked an appointment online or by phone, and you’re setting off to meet with the people you are selling your vehicle to. You probably had to provide some information about the car already, possibly on the website when booking an appointment.
This is where your appraisal really starts, as it gives the potential buyer an idea of what condition the car is in. It’s important to be as honest as possible during this stage, as lying is not a good way to start a relationship with a company you’re doing business with. If your car has any damage to it, be honest about it, and don’t try concealing it, as the truth will likely come out.
Once you arrive at your appointment, you will likely meet the person appraising your car. The first thing they usually do, is check all your documentation to ensure that, the vehicle is yours and you have the legal right to sell it. Make sure you’ve got all the documents on you, as any missing papers could lead to the deal falling apart. You will typically be told, what you’re expected to bring, so prepare in advance, and come in with everything you were asked for.
If everything checks out, your vehicle will then be appraised. Each car buyer has a different process in place; however, they are all very similar in nature. Your car will simply be inspected, to see if it has any serious faults, or if any cosmetic changes will need to be carried out. Whilst the person appraising the car does their job, you have plenty of opportunities to ask questions. If you’re uncertain about anything – simply ask. Don’t just stand there, expecting the person to magically know what your concerns are. Ask, and you shall be answered.
Many people choose to remain silent during the appraisal process, only to post negative reviews online after selling their vehicle. If you aren’t sure about anything at all, just ask and the person appraising your vehicle, will likely be more than happy to answer your questions and put your mind at ease, after all that’s what they’re there for.
Remember that every last corner of your vehicle will likely be inspected. We’ve touched on this point a little earlier on, but it’s crucial that you are honest about the condition of the car. If you lied online, be sure to tell the person appraising your vehicle and tell them exactly what’s wrong with the car.
Depending on the state of your car, it could take anywhere from 20 to 40 minutes for your car to be appraised. Be patient, and remain focused during the process.
After your car has been inspected, you will likely then be given an offer, based on the car’s condition and its current market value. Remember that, most vehicles lose value the older they are. Refusing to sell your car now, could end up shaving some value off your car. This isn’t always the case; however, it’s important you listen to the person appraising the car, and take their advice.
Once you agree to sell your vehicle, you will be given all the documentation to sign. Take your time, read through everything if you must, just make sure that you are getting the best deal possible.
Don’t ever feel like you have to sell your ca on the spot. If anything is making your feel uncomfortable or uncertain, shop around and see what other services would offer you.
At Trusted Car Buyers, we give our customers the most for their old cars. All you need to do is enter your reg number and a couple of details about your vehicle, to come one step closer to ridding yourself of your unwanted car. Don’t hesitate – contact us today and benefit from a number of fantastic perks that you’ll receive when selling to us.