There are two established methods available when you wish to sell your supercar. You can deal with the sale yourself and advertise privately or you can sell it on to a dealer. Each route has its own pitfalls that you should be aware of.
Selling to a dealer has the advantage that, if you are part exchanging, you may be able to strike a good deal. Generally, selling to a dealer can be quick and painless with minimum hassle and no ongoing legal responsibility for the condition of the car.
However, some sellers may consider that their vehicle has been undervalued and the process – including the dealer picking fault with their vehicle – can often feel quite insulting. Additionally, you may be in a situation where you owe more on finance for the vehicle than the dealer is offering you as a trade price.
At AMARI™ Super Cars, we will buy your car outright. If this is your preferred option, call us today.
“The best way to receive more money when looking for someone to buy my supercar is to sell it privately”. This thought sounds extremely logical, but is it as easy as that? Below are some of the potential pitfalls that can arise from a private sale. Please don’t let this information scare you; the experts at Amari simply wish to share our knowledge and experience to assist you in making the right decision.
A private retail value will never match that of a dealer, as it is unlikely that you’ll be able to offer the same level of service. Examples of this service include the provision of finance, taking part exchange, offering warranties, providing after sales care, and the list goes on.
Advertising costs can be another pitfall, as they may spiral over time, due to lack of interest.
Then there are the timewasters. Good old tyre kickers, test pilots, call them what you like, but they will seriously but you on the back foot, and some may not even turn up at all.
Who is coming to view your car at your house? Are they the sort of person you would normally invite to your home? This can, and will, make you feel uncomfortable.
Did you know that contrary to popular belief, when you sell your car privately you are still legally liable to the purchaser for a period of time decided by a court?
A further cause for concern is that it is highly unlikely that you or the potential buyer is correctly insured to test drive your car.
Then there are scams. There are literally too many of these to list! Counterfeit money and bankers drafts, fraudulent cards and internet banking tricks are all serious dangers when it comes to selling an item of this value. These people are professionals, and you could be the next victim.
There is even a threat of car-jacking; you are on a test drive with someone you do not know. How might it end?
Modern cars are very difficult to steal without the keys, due to sophisticated immobiliser technology. This has led to an increase in aggravated house burglaries. The “buyer” knows your address, your car, they may have even checked out your house security when they were “just looking”.
Thinking of a quick sale on eBay? Think again. We all love eBay for a bargain, but it is full of security pitfalls too. Tread very carefully here.
Below are the results of a recent survey analysing the used car market. This graph shows that selling your car privately limits you to 8% of potential buyers. Therefore AMARI™ Super Cars can open up a further 92% of the market for you, as well as eradicate the issues we have listed above. Furthermore, 72% of respondents said that warranty and dealer backup was important to them when choosing a vehicle.
See below for a graph to illustrate potential buyers in the used car market:
Source: MIA. Feb2010
Our approach is different to traditional dealers. We are a renowned supercar specialist, and our service is tailored to suit your individual needs. Our aim is to make the process of buying, selling, maintaining or enhancing your sports car or bike as hassle-free as possible, imparting our knowledge and expertise and giving you the level of service you expect and deserve.
Furthermore, we can offer finance packages, warranties and part-exchange facilities – all of which make buying your vehicle more appealing.
It is simple: we will remove any hassle and risk, and give you maximum return.
Your vehicle will be valeted and prepared to a high standard, then photographed in a professional manner. These photographs are used to advertise the vehicle in a number of online and printed publications, giving your car maximum exposure. We will then deal with all enquiries and show your vehicle to potential buyers at our secure storage facility, via an appointment-only arrangement.
On completing the sale of your vehicle, we will transfer the necessary funds to you within 3 working days.
It already sounds simpler than trying to do all of this yourself – and it is. Call AMARI™ Super Cars today and we will discuss contract details and arrange a viewing of your vehicle.