How to sell a car – part 3

How to get out of a lease early?
You may be able to get out of a leasing arrangement early if you can find someone to take over the lease. The idea is great: if for some reason you can’t honour the lease agreement, you can make arrangements with someone to take it over – perhaps someone who doesn’t want a three or four year commitment. I have no personal experience with this service, so I don’t know how well it works. If you tried it, please let me know your opinion.

How to sell a car if you still have a loan on it?
To sell a car with a loan on it, you need to include the bank in the arrangements for the sale. The bank holds the title to your car, and you cannot legally sell it until the title is clear. The bank will not clear the title until it receives the balance of monies owing on the car. Call your bank or finance company that has provided the loan, and ask them, and they will guide through the process.

How to prepare your car for sale
It takes just few hours to clean the car thoroughly, but it will definitely increase your chances to sell your car successfully.
- Wash your car thoroughly and wax the exterior. Consider repairing minor paint chips and scratches – check this article Car exterior care tips.
- Vacuum and thoroughly clean the interior.
- Clean all the windows.
- Clean the ashtray and all surroundings, and don’t smoke in the car for some time to get rid of the tobacco smell – everybody is looking for a ‘non-smokers’ car.
- Clean up and vacuum the trunk.
- Check tire pressure and spray your tires with the tire shine.
- Change the engine oil and top up all the fluids.
- Prepare the maintenance records – they should show the potential buyer that you have taken good care of your car.
- If you are going to place an ad with a photo, make sure the car on the photo looks good – potential buyers will judge your car by the photo in the ad first.

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