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Things to Do Before Selling Your Luxury Car

Erika Tames • Oct 07, 2020

You chose your luxury car because it stood out from the pack. Its style, its performance, and yes, its price—it all gave you the thrill of investing in a masterpiece, not just a mode of transportation. So, when it’s time to pass on that experience to a new owner, the process is different than selling an aging hatchback. Knowing how to prepare your luxury vehicle for sale could mean a thicker stack of cash for you. Read on to learn more about the things to do before selling your luxury car.

Clean Thoroughly

Before you sell your Ferrari , Bentley, or even Tesla, maximize your car’s already considerable appeal with a good cleaning. Neglecting this step can scare off buyers of this caliber, even if you don’t think it makes a difference. You want someone to fall in love with your car at first sight, just as you did. An emotional connection can lead to a more generous price, and you’ll have peace of mind that your car is going to a good home. Remove any sign of you from your luxury vehicle, and then have it professionally detailed. Your car’s presentation will be a buyer’s first impression of how well you’ve taken care of it.

Service Your Car

Should you spring for expensive repairs for your car? The inconvenience and money might not make sense for you. Should you have it serviced? Absolutely. If your pride and joy aren’t in tip-top condition already, make sure that any dashboard lights have been attended to, fluids have been checked or replaced, and any lights are in order. You may be tempted to patch up dings and scratches, but unless you’re a master mechanic, you can be worsening damage that will cost more to fix. Leave that to the owner’s favorite mechanic. If you’re not sure about how much to put back into the car, ask yourself: Would you buy it as is? If not, potential buyers will feel the same way.

Know Your Car’s Value

Some luxury and exotic models are legendary; some are just beautiful high-end cars, and their value will reflect that. The internet makes it easy to find information about your specific model, and your first stop should be www.kbb.com  to get a baseline idea of your car’s value. Kelley Blue Book has been an accurate source for 80 years, so you can trust it. But their number doesn’t take into account what condition your vehicle is in, or any special options that may have cost thousands of dollars. But you have somewhere to start, and the site is also useful for checking local listings for similar cars that may be in competition with yours. While you’re online, check eBay’s “sold” transactions for any comparable cars. The auction site has a surprisingly informative track record with luxury and exotic cars.

Break for a Reality Check

The more information you gather, the more confidence you may have in your car’s value. Don’t get carried away. It’s information about the model, not your actual car, and it’s a guideline, not fact. This is a luxury vehicle that meant a lot to you, and sentimentality may have clouded your vision and your judgment. For a more realistic number, have it appraised by a dealer or two. Their prices may be a long way off from yours.

Assemble Paperwork

Your car was an investment, and you have proof of its pedigree. Make sure all documents are in order and ready for inspection. Include any manuals, handbooks, and brochures. Make sure your car’s title or pink slip is ready for immediate transfer. If there’s still a loan on the car, make sure you’re clear on the requirements to pay it off. Have your vehicle registration and insurance card handy, and don’t forget to include the car’s maintenance records and accident history. Your car’s flaws won’t necessarily be a dealbreaker, but getting caught misrepresenting the facts will.

Anticipate Questions

You may think you know your vehicle inside and out, but you should brush up on details. Buyers at this level are collectors with more high-end automotive knowledge than the average guy. Make sure you can answer their questions clearly and confidently. They’ll probably sense any dishonest answers, so don’t risk it. Consult your car’s service history to refresh your memory and practice your responses, at least in your head. Hesitating, looking puzzled, or changing your answer can all send up a red flag for a buyer. When the financial stakes are this high, you don’t want to unwittingly give a buyer any feeling that you’re uninformed or untrustworthy. Resist any impulses to lie about other offers. The luxury car market is a small one, and many collectors know each other well enough to compare notes.

Settle on a Marketing Strategy

If you want to cast a net farther than local dealers, you can list your car online. Take as many accurate, loving photos as you can to best convey your car’s breathtaking beauty. The internet is a visual medium, and your car deserves everyone’s attention. Write up a description with as many details as possible; luxury car buyers are often looking for a very specific model. Mention whether you’ll consider shipping to another state, and what costs are involved. If you’re not having any luck, look into listing with websites that have more a more targeted audience for luxury and exotic cars.

Save Time and Energy

Remember that luxury and exotic cars are a niche market, and the odds of catching the right fish in the ocean of the internet aren’t good. The more valuable your car, the smaller your pool of potential buyers. If you get frustrated waiting for someone who may never arrive, go directly to a professional luxury car buyer. You can count on car-buying companies for straight talk, immediate offers, and great prices. At Nahas Motorcars , we know that luxury car sellers have a lot of demands on their time, so we offer convenience that no one else can. This is our passion, and our expertise means that we can come to you wherever you are in the country. We can perform an inspection and give you an educated offer for your prized vehicle. You can get your cash on the spot, and we’ll even take care of any outstanding loans on your car. The best part? It can all be done in less than 30 minutes.

Say Goodbye

Selling a luxury car isn’t just a transaction. Time with a beautiful car inevitably leads to a beautiful relationship, and this is the end of the road for your journey together. Make sure you’re ready to let go. Feel those feelings, and don’t move unless you’ve healed—or your next luxury car catches your eye.

This checklist for selling a car should give you the best chance of getting the best price for your luxury vehicle. With the right preparation on your part, Nahas Motorcars can make the sale as fast and convenient for you as possible. Contact us for more information or for a free quote.

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