The Online Guide You Need to Know When It Comes to Getting the Best Price for Your Sports Car

The Online Guide You Need to Know When It Comes to Getting the Best Price for Your Sports Car

There are some helpful tips when you want to turn a sports car into a lot of cash. Advertising, pricing and plenty of research are required for the best experience. Everyone is willing to buy exotic cars if the deal is worth their time. To make sure that what you’re offering agrees with the market, follow the tips below.

[ photo: pexels.com ]

The Market Can Smell A Deal

Having an in-demand vehicle will always get you buyers if the deal is right. Whether or not it is a hot commodity will determine just how quickly it sells. One of the ways you can test the market is by looking at current listings that match yours. 

Car model, size, condition and more will help you find out if your current asking price is acceptable. Smart sellers will keep their prices similar to the ones being offered for cars in the same condition with the same features. Don’t fight the market unless there is something truly unique about your car.

Don’t Get Sentimental      

       

Have you ever run across a car ad that asks for way more money than the car is worth? Chances are you’ve run into a sentimental seller. Sentimental value doesn’t translate to complete strangers and serves no purpose when making a listing. 

Potential buyers won’t have the same history with when making a listing while also considering the current market. If two-door sports cars are the hot take, then you can’t sell your four-door sports car at the same price.

Media Is Important

Pictures and videos tell a thousand words. How you manage the media associated with a sports car draws the buyer in more than the description. Exterior and interior shots should be carefully taken, with clear shots made for anything mentioned in the description. 

If there is a bumper dent on the front, then the picture or video should clearly show it. Buyers expect that much, and anything less will make it seem like you are trying to hide something. Once you start hiding imperfections, then nothing in your description will make you seem like an honest seller.

Do You Know Where To Advertise?

You could spend hours creating with advertising strategies and still fall flat if the placement is wrong. Your strategy has to take location into account when trying to sell a sports car. Some listings will be more valuable than others because of this. Classified ads in papers used to be the gold standard, but now online advertising has taken its place. 

Go for websites that cater to sports cars and can show off the best parts of a proven marketing strategy. You’re not restricted to a single website, so cater the description to multiple locations that match consumer interests. Mix and match the media you have on hand to get the greatest effect from listing the car in different places. 

Make An Appealing Ad

Try not to copy other ads too much, even if you favor the description. Making a cookie cutter ad won’t help sell your car. This is especially true when competing against car ads that have much better prices. Some shoppers are more interested in a lower price than a specific car, so having an ad similar to the others can hurt your sell chances.

Take the time to work on an ad that shows off the unique features of a car. The pictures and description should draw in potential buyers to the point that they’re browsing a listing even if they’re not interested. That is the power of a good ad, and it has the power to change a browser into a potential buyer.

Keep your Schedule Open For Showings

Flaking is a quality that buyers won’t tolerate, even if your car is their dream car purchase. Respect the time of buyers and give them the same respect you would expect in their shoes. When you plan on selling your car, keep at least two days a week open for a showing. 

Try to schedule daytime showings, since things are harder to test at night. Once an agreed upon meetup is put in your calendar, stick to it no matter what. Weekends are usually the best times to show a car, but it isn’t entirely necessary.

Don’t Think Of Negotiating As A Stall Tactic

This tip works both ways, and is an important one. At some point both sides will enter the negotiating stage for the final purchase of a car. Even if you make it clear in the listing that the price is firm, chances are a buyer will ask if there is any wiggle room. As a seller, this can be frustrating and will send your mind into several different directions.

On one hand, it can seem like a stall tactic. Haggling is natural, and just like you want the most money for your car, a buyer wants the cheapest price they can get. On the other hand, refusing to negotiate can make you seem like a non-flexible seller. 

Although it is unfair to think so, this looks bad on you as a seller. It shows you’re not willing to work with the buyer and will leave a sour taste in their mouth. You can stand firm while negotiating, just make it a point to listing to the offer. Give a reason why you can’t accept, and then invite them to continue pursuing your car.

There Will Be Complications

Everyone wants a smooth transaction, but that is not always an option. Sometimes schedules won’t line up to allow a showing. In this case, the only thing the seller can do is to keep their schedule as wide open as possible. You may even run into a brand-new issue with the car while test driving. 

This may seem suspicious to a buyer who will either walk away or try to negotiate a lower price. The easiest way around all of these problems is to plan ahead with time off work and to check out the very car you’re selling. When you haven’t driven a car in months, it becomes easy to miss small things that could spell big problems for buyers.

Make Sure That Final Means Final

There is no negotiating after a verbal or written contract. When you can taste the cash in your hands, don’t get so eager that you’re willing to rush a deal through. Buyers shouldn’t go back to the negotiating table after agreeing to buy your car. When this happens, it is a test to see if you will bend. 

Even if they walk away, you’re better off without the sale. Buyers that flake on their agreements will only become a bigger problem later on, even after the car is sold. Don’t get suckered into months of problems by bending the knee to an aggressive buyer.

Hold Firm On An As Is Sale

An “as is” sale is pretty clear from the start. You still must provide good descriptions and pictures that goes into detail all of the problems with the car. Anything you leave out can potentially invalidate an as is sale. 

If you’ve informed the buyer of everything wrong with the car and they still remain unsatisfied, then it is up to the buyer to walk away from the sale. Selling a car as is should not be seen as a rental or a lease to satisfy the purchaser. 

This goes back to the tip of making sure the description and media tells everything about the car, good and bad. When you decide to take back a sold as is car, then the pressure falls on you to inform the next buyer of why it was returned.

Things To Watch Out For

When you put your all into a car listing and it takes off, copycat listings may soon follow. Sellers with similar cars will copy some of your description, and in some cases will ‘borrow’ your pictures and videos to fit their needs. You can always flag or report this behavior to get the listing taken down.

This works both ways, so don’t get lazy by copying another seller’s listing. When the time comes where you have to relist a car for various reasons, change up the description and media to reflect the updates. 

The same buyers that looked past your listing before may find a new interest after you’ve relisted with fresh information. If they see the same details from the last time, then your listing will get ignored completely.

Wrap Up

Your sports car will always have value when you surround it with compatible marketing. There are no shortage of buyers that want a new set of wheels. Getting the best price for your vehicle is attainable when the right variables are met. Prepare to make changes when necessary, and you’ll always be ahead of the market.