19. Spending Too Much on Repairs
Sometimes when you’re trying to gear up to sell a car, you can get carried away with repairs. Don’t spend an arm and a leg getting your car ready for the buyer. There’s no point, just sell your car as is. Doing all of the repairs that you would eventually need to do will just bury you deeper into your car. A car is like a house, and the process of selling one is very similar. If you are doing this as an investment, the last thing that you want to do is get stuck or upside down.
When you set out to sell your car, all you need to be focused on is that it’s operational. This means that the driver should have a reasonable expectation that they can drive it from point a to point b. Don’t spend time trying to recondition your car or fix every little thing on it. Buying a used car is just that, buying a used car. You’re not in the business of selling a completely refurbished car and the buyer should know that going into the sale.