We’ve partnered with Motorway, the comparison site to sell your car to help you work out the best way to sell your car fast, for the best price.
Selling your car yourself can help you achieve the best price possible for your car - but be warned, it can take a long time to find the right buyer. And as there are no guarantees, it can also be very frustrating.
You may decide to look at placing an online ad on sites like Auto Trader. With 7 million monthly web visits, Auto Trader has a huge audience. However, if your car is over a certain value you’ll need to buy an advertisement package to place it on the site. And bear in mind that with 94% of the ads coming from dealers selling cars, as a private seller, you are competing with professionals paying higher fees to get their ads seen over yours.
eBay and Gumtree may be other private sale sites worth exploring - Gumtree is also free to advertise on - although neither have the audience size of Auto Trader.
If you are able to generate interest in your car, you’ll have to show potential buyers the car yourself, be prepared for some haggling and make sure you keep all the essential paperwork in order.
One of the most popular ways of selling your car to a dealer is to part exchange when you trade in your old car for a new one. While this is definitely low hassle, be mindful that you might not be getting the best price. Unless you own a car the dealer really wants to buy, you’re not going to secure a good price, as they then need to offload it to another dealer, which means they need to make a good enough margin from that sale - at your expense!
Instant online buyer
If you just want to get your car sold fast and are willing to sacrifice a bit on the end price to remove the hassle, then you can sell your car quickly to an online buyer.
The growth of instant online car buyers has exploded over the last decade. Part of the reason for this growth is due to its simplicity. You just value your car online and then arrange a collection or a drop-off appointment. Following an inspection, the sale is done with cash in your bank account. However, be aware that the price you get quoted by some online buyers may not be the price you end up getting after the inspection. This is because the quote is based on the car being in ‘showroom’ condition, rather than its most likely condition for its age and mileage.
You can compare prices from many online car buying sites and specialist dealers using Motorway to ensure you get the best deal at a fair price. Motorway allows you to compare offers from 1,500+ car buying companies, including instant buyers and hundreds of independent dealers and well-known dealership groups, making it easy to choose your best buyer on the platform.
Motorway even provides an accurate estimate of what you will get paid on the day of sale through its TruePrice™ technology - by taking the guide price valuations from online buyers, and then comparing it with historic final sale prices from similar completed sales to give you a better idea of what you will actually receive in your bank account.
Motorway also works directly with high-end car buyers and specialist dealers on its Premium Service if your car is newer and a premium brand.
Whether you are looking to sell your car right now or just thinking ahead, when you are ready to sell, above all, make sure you’re informed and consider all your options before making a decision.