Selling a luxury car is not like selling a regular car. They are much more expensive and a lot of people will simply not buy that type of car from a private seller. There are fewer people on the market for these types of vehicles too.
So, if you were expecting someone to just take your Porsche or Lamborghini off your hands as soon as you put it up because it looks nice, think again. You have to be willing to wait until the right person and offer comes along. That doesn’t mean, however, that there aren’t things that you can do to accelerate the process.
Advertise Far and Wide
You need to use as many advertising opportunities as you can. Find the best sites for selling cars in your area. There might even be one specifically for luxury cars, so that would be a great place to start.
You should then start looking at classified sites and niche publications. You could even consider posting your car on eBay if you want. People can buy luxury cars directly from eBay, but it can be an outstanding advertising tool as well. You can expect to get a few inquiries from curious people if you list your car there. You could then arrange a visit and start negotiating on the price.
Have the Car Valued
You cannot use a guide to value a luxury car and they should only be used as a reference point. You need to look at the market where you live first since a luxury car will be worth more in certain areas than others. You could also get a professional valuation done just to make sure.
Work with a Car Buying Service
You should never sell your car to a dealership or accept a trade as they offer some of the worst deals in the business. Instead, you could work with a luxury car service. These services will usually give you a much better offer than the average dealership and some private buyers as well. The best part about them is that you’ll be able to sell your car almost instantly if you have a model they’re interested in.
If you have a Lamborghini, for instance, then you could contact a service that buys Lamborghinis like We Buy Exotics. All you have to do is go to their site, input your VIN, and they will contact you with an offer.
Join a Car Club
Now would also be a good time to join a car club if you haven’t already. This will give you a chance to sell your vehicle through word of mouth. This is an especially great option if you have a large collection and you intend to sell more of your vehicles in the future.
Selling a luxury car will take you a bit more time than selling a regular car on average, but there are things that you can do to get a quick sale. You do have to be ready to make some compromises and do the leg work necessary, however.