What's The Easiest Way to Sell a Car in Ontario?
What's The Easiest Way to Sell a Car in Ontario?
Posted on February 18, 2024
Do you need some cash fast? You could be sitting on a mountain of money and not even realize it. The used car market is smoking hot, and if you have a used car you donāt need, you could sell it for quick cash.
This is not a title loan, which is when you borrow money, and your vehicle is pledged as collateral against the loan.
Although what we are talking about is selling your used car for cash, this is probably your first time selling a car in a post-pandemic Canada, so we compiled some easy-to-follow suggestions.
Documents Required to Sell a Car
If you live in Ontario, you will need to order the official sales kit from the Government; each province has its own respective rules and regulations that must be followed. However, by sticking with the tips we are outlining, you should have no issues.
Do you have the vehicle registration and inspection report? The inspection report is a mechanical inspection that confirms the used car is roadworthy.
You could sell your used car, even if it was not roadworthy, but the amount of money you will get is considerably lower. If the inspection is over a year old, you should bring the car in for inspection (make sure you still have insurance coverage before taking the car on the road).
Your mechanic will let you know what it will cost to get your car certified for the road, and if the amount is not substantial, you should pay it. The demand for used cars is unreal right now, so even cars with high mileage are going for a premium.
Advertising Your Car for Sale
Since this is your first time selling a car, you may feel a bit overwhelmed.
The first step is making a video of the car, taking a high-quality video showing the interior, exterior, and, if possible, the car running. We should note that prior to actually making the video or taking pictures, have your car professionally cleaned. No one is interested in buying a dirty car, so spend a little bit of money to have it properly detailed.
After you have the video and photos prepared, you can start drafting the actual advertisement. You donāt need to write a long, drawn-out description; in fact, you need to do the opposite.
Try to keep your description as short as possible and use bullet points wherever it makes sense. The prospective buyer wants to know the asking price, mileage, overall condition of the car, and whether there are any active liens on it.
The Quickest Way to Sell Your Car
There is an alternative way to convert your used car into cash, and it requires virtually no effort from you.
First, bring your vehicle down to your local car dealership; they will be able to prepare an official offer once theyāve performed an appraisal. All of this happens very fast, and if you accept their fair offer, you will get paid right away.
This is by far the easiest way to turn sell a car, so be sure to contact your local dealership today.
If youāre looking to sell your car, weād love to buy it for a great price! Simply fill in the form below and weāll get back to you ASAP!Ā
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