If you are planning to sell your car, then you need to find out what is the best way to make a worthy deal. Many cars are sold every day. You can see the newspapers classified sections full of car advertisements. There are dedicated websites for selling cars. You need to find what works best for you. Plus another important aspect of selling a car is to know the rules that apply for selling a car in your state. Every state has its specific rules given which are laid out by state DMV (Department of Motor Vehicle). Selling a car in New Jersey is quite simple; you just need to see that the paperwork is in order and according to New Jersey rules.
To sell a car the foremost thing is to decide the asking price. Today, most of the people rely on internet to gauge the estimated value of vehicles. Sitting at home you can browse different sites that sell cars and check the prices of cars similar to yours. Find out what is the average price of car of the same make and year and also the features it gives. A comparison must be made as that will help you to decide better. The other option is to visit dealerships but remember that they keep their own profit margin also in the price that they quote. A private sale is mostly considered a better option and mostly people go for it.
The next step is to place an advertisement for the car. This can be an online ad or in the newspaper. If you are selling it through a dealer then they will take care of the selling process. While designing the ad mention the price so that you are visited only by interested clients. This would save you a lot of time. Also give a realistic price and mention the features and car details. A good description will attract more clients and thus you will be able to make a better purchase.
When a deal is made, it is important to get the bill of sale. The state of New Jersey requires a title transfer that determines the ownership of the car and a bill of sale can be used as a proof of the purchase. The transfer has to be done within 10 days of the date of sale after which the car belongs to you.