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20 Mistakes People Make When Selling Their Cars

Cameron Eittreim January 14, 2020

via: Honda
via: Honda

2. Giving Out Personal Information

Personal information is an important part of the buying process, but you want to limit what kind of personal information you are giving to potential buyers. You always have to be cautious of identity theft and how it can affect you. You should only have to give out a signature when you sell a car. The buyer won’t need any other information from you after this because you’ll be off of the hook for the car. You are selling the car as-is, which is why you don’t want to give too much information to the potential seller.

via: Honda
via: Honda

You also want to make sure that you take the time to clean out the glove compartment. Make sure that any type of personal mail is gone from the vehicle. You don’t need to leave any insurance information in the vehicle. The risk that you could get your identity stolen from leaving documents in the car is quite high. Taking the time to give the potential buyer limited information will save you in the long run.

via: Honda
via: Honda

1. Getting Scammed on Payment

Finally, payment is an important aspect to go over when it comes to selling a car. If you are a private seller you want to make sure that you only accept cash as a form of payment. Too many times, sellers are ripped off by accepting an alternate form of payment. Taking a personal check can result in the check getting canceled. Taking a cashier’s check can result in the same thing and money orders need to be verified. The best option when it comes to selling a car is by accepting cash because you’ll have a much safer transaction.

via: Honda
via: Honda

The process of selling a car doesn’t have to be hard. When you take the time to make sure that the sale is smooth you’ll have a much better process. Cash is the safest way to make a payment when you are selling a car on the open market. Unless you are using a consignment company, a cash sale is going to save you a lot in terms of headache.

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