Selling your car by yourself is likely to get you the best price, as long as you’re prepared to invest some time and effort in finding the right car buyer to purchase your car for re-sale as used vehicle or for car disposal if it reaches its end-life cycle. Here you can find out what’s involved – from google search of scrap car dealers in Wellington to how to maximize return on your old vehicle.

 

Where to start when you intending to sale your vehicle?

Whichever option(s) you choose, your vehicle offering price is shaped by the following factors:

• The year of manufacture
• Mileage
• Condition
• Service history
• The make and model

Interested buyers will also be able to send in questions about the vehicle.

Too many questions can be avoided by including as much detail as possible in the listing.

Ensuring safe payment for your Vehicle

Once you’ve agreed on the price with the potential cash for cars company, you need to agree how they’ll pay the money to you.

Below are the main options available to you, with some tips to help ensure safe payment.

• Cash on pick up

The car buyers are usually paying cash for cars on same day of car removal.

• Prompt bank transfer via online banking payment

Bear in mind with this payment method may cause delay on receiving the fund depending on the amount or different banking service provider (for instance: ANZ to KiwiBank). If you have any doubts about car buyer, don’t hand over the car keys until you know your bank has cleared the full payment into your account.

Essential paperwork

As soon as you’ve been paid for the car, you need to complete the following essential paperwork:

• Get a receipt from your buyer. It should include the date, price, registration number, make and model, plus you and your buyer’s business name and address.
• Complete and sends the car disposal form to the NZTA if you were selling your vehicle to scrap yard.
• Notify NZTA online that you have sold your vehicle if you were selling to car dealership.
• And finally, most importantly request the buyer to put the car under his name to avoid unnecessary fines.

Please visit the nzta.govt.nz for complete information on what to do with documentation when buying or selling used or old vehicles.

Conclusion

In a nutshell, whether, you choose to sell it used or scrap the vehicle, the most important thing is that you’re converting it to money. This is miles better than letting it to depreciate its value in sitting idle in the garage.