The easy way to sell your car

Is there a buyer ready and waiting to sign on the dotted line and buy your car? Congratulations! Here's how to smoothly finalize the transaction of your vehicle.

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Be prepared to negotiate the price

You’ve established a friendly rapport with your future buyer, taken them for a test drive and received the happy news that they want to move forward with the sale. But now they’re offering a lower price. Don’t panic—most people will try to negotiate the lowest possible price. Here are the basic rules for coming to a fair number:

  • Consider the age and mileage of the vehicle.
  • What’s the make, model and trim? The more bells and whistles your car has, the more you can ask for.
  • Compare your car to similar models on sites like Kijiji Autos.
  • Adjust the price for winter tires, bike racks or a custom paint job.
  • Make an honest assessment of your car’s health. Can you really ask that price if your car is covered in rust or your seats are stained?
  • Be honest about any accidents you’ve been in because you should not be pricing your car as one that is accident-free.

For more in-depth information about how to price your car, check out these tips. Try to avoid naming your lowest comfortable number if the buyer asks. Rather, put the onus on them to make an offer.

 

Practice safe transacting

It seems like every day we hear about people losing hundreds and thousands of dollars to scammers. Don’t fall into a scammer’s trap. This lesson in online fraud teaches you how to spot an internet scam. A legitimate buyer will offer to pay in cash, Interac email transfer, certified cheque or even PayPal. But if they want to pay using an uncertified cheque, Money Gram or Western Union, you may be dealing with a fraudster—especially if they give you a long and convoluted story that involves you giving them your personal information over the internet. Kijiji Autos wants you to be safe.

Do not hand over the keys until the money hits your account. And as a general rule of thumb, never give anybody your personal information online.

 

Follow the steps to transfer ownership in your province

Every province in Canada does car ownership transfers a little differently, but they all require you to physically go into your local ministry of transportation and sign over documents. But before you get there, you’ll need to complete a bill of sale, which includes the following information:

  • your name and the buyer’s name
  • date of the sale
  • purchase price
  • vehicle identification number (VIN)
  • Car make, model, year, body type, odometer reading

Depending on your province, you may also need to give the buyer a valid safety inspection and a transfer application. The easiest way to find out what you need is to check online.

The buyer typically has two weeks to register the car in their name.

 

Give the buyer everything they need

Along with the vehicle, it’s important to make sure that you hand over the following items to the new owner:

  • all sets of keys
  • owner’s manual
  • appropriate documents (see above)
  • wheel nut lock
  • radio code, if applicable

If you want to be extra nice, why not throw in the floor mats or the number of that guy who does the best detailing in town?

 

You’re all set!

Want more expert advice on what to do after you’ve found a buyer? Check out this short guide about selling your car on Kijiji Autos. Are you looking to buy a nearly new car without the hassle? Browse these cars for sale near you.

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