How to fix the selling price of your car?


Get an idea of ​​the market

Learning about the competition is the first reflex to have. Locate a vehicle similar to yours (make, year, mileage) on generalist sites like lespac.com, or on specialized sites like kijijiautos.ca, autohebdo.net or occasionenor.com.

If you have a relationship of trust with your mechanic, ask him for advice and if there is not another customer looking for a vehicle like yours.

Know that you are not the only one who wants to sell your car! The KijijiAutos website, the most popular for buying and selling cars, lists around 450,000 car ads, including 115,000 from professionals.

Find out about the market value of the car

You can also find out about the market value of your vehicle. Specialist magazines and websites publish or provide free vehicle ratings, determined based on their make, model, mileage and options. But beware: this is only an estimate, often based on the actual price of similar models sold in the same region.

The carfax.ca site allows you, for example, to obtain the classification of your vehicle by searching by year, make and model, or even by the vehicle identification number (VIN). Little reminder: the VIN is usually located at the bottom of the windshield, under the hood or in the door.

Set the selling price

Once these elements are in hand, it is up to you to set a sale price. This price may vary not only depending on the vagaries of the market and the estimated market value of your vehicle, but also depending on the general condition of the latter as well as certain elements generally resulting in a gain or loss .

Please note: do not include tax in the sale price of your car. Between individuals, only the QST (Quebec sales tax) is applied and added to your selling price by the Société de l’assurance automobile du Québec. You don’t have to worry about it.

Items that increase the resale value

• Black, white or metallic gray colors
• A multimedia system and a rear view camera
• Automatic transmission
• An air conditioner
• A sunroof
• Leather interior, heated seats …
• Evidence of regular maintenance

Items that decrease the resale value

• Body in poor condition
• Lack of air conditioner
• An above average mileage (in Quebec, a vehicle travels an average of 18,000 km / year)
• A degraded interior
• Lack of proof of interview
• The absence of electric windows

This article is from our guide 100 Auto Tips available in newsstands and in our shop.

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