A well-known mistake is to offer a vehicle for too high a price. It can be tempting to advertise for a higher price first and then lower it later if there is not enough interest. However, you are making a big mistake!
Many potential buyers will be put off by your overpriced vehicle and will not take a closer look at it. Statistics show that cars that are advertised at a realistic price get more attention from buyers.
For these reasons, it is very important to price the car correctly on the first day. If you make a good offer to interested parties from the beginning, you will be able to sell your car faster and with less complications.
Cars that have been advertised for a long time are often considered problematic by potential buyers. So advertise at the right price from the start and sell quickly and easily.
But I don’t necessarily have to sell my car now..
The idea of being able to achieve a higher price as time goes on is wrong. Because if a car is advertised too expensive, it will never sell, not even in 6 or 12 months. On the contrary, the value will continue to decrease over time and you will get less and less money for it.
How long does it take to sell my car??
The time it takes to sell your car is highly dependent on your expectations. For the quickest possible sale, dealers are often a good option, bearing in mind that dealers offer lower prices than private individuals would do. The difference varies per vehicle, but it can be as much as 30%.
If you have some time with the car sale, it makes sense to have the car appraised and then advertise it online. The price and the quality of the advertisement are important criteria, which affect the duration of the sale. It is important to resist the temptation to advertise the car at too high a price, as this will have a negative effect on the sale. When selling privately online, you can expect 2-3 months selling time at a fair price.
Our tip: do your research and decide rationally on the selling price.
If you decide to sell your car yourself, do some research to make an informed decision about the right price. For this you can use our professional and free valuation or for a small fee other well known swiss platforms like auto-i-dat and eurotax. With a good understanding of the value of your car, after a few months you will not have to wonder why you have not received any serious offers. In any case, avoid entering with a high price and lowering it over time.
Alternatively, you can let layne help you set the price, advertise and vet the buyers. This way you can make sure that neither your time nor valuable interested parties are lost. The first step of our support is a free and completely non-binding evaluation of your vehicle.
Uncertain or open questions? Contact us!
Our team of experts is ready to answer all your questions and help you sell your used car.