Selling a luxury car on your own is much tougher than a lot of people imagine. Not only will you have to deal with pesky buyers, but you may have a lot of trouble getting the vehicle off your hands simply because some people will refuse to buy a car from an independent seller. This is why you need to also look at other options and don’t automatically assume that you’ll get a better deal by selling the vehicle on your own. Let’s take a look at some of the pros and cons of selling a luxury car independently.
Pro – More Control
The main advantage of selling the car yourself is that you’ll have control over the whole process. If your car is in very high demand, has very low mileage, and you’re in an area where people buy a lot of luxury cars, then you could be able to find a good buyer fast.
But you will still need to know how and where to advertise your vehicle. You might need to advertise your listing in different outlets and maybe pay a bit more for extra visibility. This is a price you have to be ready to pay to sell the car as fast as you can on your own.
Con – Flaky Buyers
Few things are as frustrating as having someone come over, look at the vehicle, take it for a test drive, and decline at the last minute. This isn’t something you’ll have to worry about if you go with a broker or a buying service.
If you wanted to search BMW sell my car fast, a service like We Buy Exotics will give you an offer on the spot. Once you accept an offer they will agree to buy the vehicle and will even pick it up for you. They offer much better quotes than dealerships too and will take away much of the headache of selling a luxury vehicle. So, if you want to sell yours as fast as possible, you can give this service like this a try.
Pro – Choose the Seller
Some luxury car owners are very particular about who they want to sell their cars to. A lot of them have a special sentimental attachment to their vehicle and might prefer selling the car to someone who really wants it instead of someone who just wanted to add a car to their extensive collection. So if your goal was to make someone’s day, then selling the car on your own is the best option.
Con – Fraudulent and Dangerous Buyers
You never know who the person knocking at your door to see your vehicle is. They could very well be thieves out on a recon job. You also can’t just trust anybody to drive your luxury car either. Imagine if they get in an accident or damage an important component of the vehicle because of their driving? There are things you can do to protect yourself in these kinds of situations, but that would just be more trouble, so think about this before going the independent route.
Selling a luxury vehicle on your own is not necessarily a better option than selling it to a service or trading it in. So look at all the options you have at your disposal and evaluate them carefully before making your final decision.