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4 Tips to Sell Your Car Easily

4 Tips to Sell Your Car Easily

Selling your car can be a costly affair if you are not ready or fail to plan accordingly. Though there are both online and offline channels available to sell your car, but to make sure you sell it at a profit, you need to consider a lot of different factors.

Selling a classic vehicle or truck should not be necessarily complicated. Occasionally, the choice to sell a car or any vehicle boils down to the profit you will gain through the transaction.

Before you make the actual trade for your car, make sure you have your paperwork ready. A much better approach is to gather everything you will need to complete the transaction once you have decided to sell your vehicle or truck privately.

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Once you gather all the paperwork and have made up your mind to sell your car at profit, here are some really nice tips for you:

1. Find out the realistic value of your vehicle

Before you can determine if the process may be worth the effort, you will need to learn just how much your vehicle is worth. In case your vehicle is not worth just as much as you believed, you might consider going for a trade-in through a dealer instead of selling it.

You can either contact your nearby dealers or an advanced search on classifieds sites can easily provide you a good indication of at what rates autos for sale are going for.

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2. Maintain your car and clean it before the day of the sale

Keeping up with scheduled maintenance may increase the value and credibility of your car. Periodic maintenance would not only increase or maintain the value of your car but can also save you a lot in terms of subsequent breakdowns and normal wear and tear.

A clean car may be more appealing to prospective buyers and give the impression that the vehicle or truck has been rightly cared for. Before you take photos of the car or list it on online classifieds, you will need to detail the exterior and interior of the car.

3. Creating a good advertisement

After the vehicle is clean and detailed, you may want to take lots of pictures. This could help in your attempts to promote the car and attract prospective buyers. To advertise your vehicle correctly, you will need to find an online classified service where prospective buyers will be shopping.

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It is also critical that you should provide the correct information about your car. Make sure you put the right color, model, make, year of manufacturing, any special or extra additions made within the body of the ad. This would help your readers to know more about your car before they make their mind to contact you through email or phone.

Answer any questions by email or telephone, and only put up a test drive for serious buyers. Ensure that the buyer knows monthly installments are not acceptable. There is no way for you to gather your payments if your buyer chooses to stop payment.

4. Check if your car is under manufacturer’s guarantee

In case the car continues to be under the manufacturer’s guarantee or a drawn-out guarantee, you may wish to have these documents prepared to provide to the new owner. In case there are not any guarantees, make it clear that the prospective owner may assume all liability for repairs and damages once the car is sold.

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This guarantee form will likely keep you from being responsible for any damages incurred after the car is sold. Without it, there might be a dispute over injuries or other events that happen before the car is authorized under the new owner.

To sell a used car for profit or at a reasonable price requires consideration of a lot of factors. Above are just some simple and easy-to-follow tips which can help readers to understand how they can sell their cars at profit and easily find good customers while limiting their own liabilities.

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Adnan Manzoor

Data Analyst & Life Coach

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Last Updated on April 3, 2019

How to Nix Your Credit Card Debt in Less Than 3 Years

How to Nix Your Credit Card Debt in Less Than 3 Years

Debt is never a fun thing to be in. But, there are many actions that you can take that will help you rid yourself of the burden of debt once and for all.

By coming up with a set plan, eliminating your debt can feel much easier than constantly thinking about it.

This post will provide some tips on how you can do this to help you nix your credit card debt in less than 3 years.

Hint: there are ways that are easier than you think.

1. Consider Consolidating Multiple Credit Cards If Possible

This may not be applicable to you, but if you have multiple cards – it is something to consider. Keeping up with multiple bills is time consuming.

It will depend on the balance you have on each. Consolidate ones you can but do not do it to the point that you get too close to the maximum limit. Also, it is ideal to pick the card with the lower interest rate.

Consider if there are any fees or alternatively, rewards, with transferring a balance to another card. Watch out for fees. Note that some cards offer rewards for transferring a balance to them. This is extra cash that can help go towards paying off your debt.

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Having one or two cards can make nixing your debt much simpler than keeping up with the balance of a bunch of cards. Keeping track of paying the minimum towards a bunch of cards is time consuming. Spend the time to consolidate instead to make the overall process simpler going forward.

My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.

Why do I suggest doing this? Having one thing set to auto-pay is one less thing to think about. One less thing to waste time on. Same idea with consolidating to one main card. Tracking down too many is a hassle.

2. Try to Pay the Full Balance You Spent Each Month at the Very Least

You need to pay off the amount you are spending each month when that bill comes in. This is the amount you spent THAT month.

Do not let the debt keep accruing while you work on paying any unpaid debt that has accrued. It will become a never-ending battle. Try as best as you can to be current on paying for each month’s expenses when that month’s bill comes out.

If this is a strain, consider why. You may need to cut expenses. Or you may need to consider other cards. Or look at where this money is going.

3. Pay Extra When You Can – Every Small Amount Counts

This cannot be emphasized enough. If you are looking at a lot of credit card debt, it can look daunting, but each extra amount that you can put towards the debt will really add up – no matter how small it is.

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It does not just reduce the principal amount that you have left to pay off, but it reduces the amount that is collecting interest. You will always save money with that reduced interest.

4. Create a Plan on How to Pay Extra

Back to the main point, having this plan is giving you one less thing to think about.

This plan should be a plan that works for you. If it does not work for you, your spending habits, and your views on debt, then it will not be an effective plan.

For instance, if a set plan of an extra $50 (or another amount that you know you can afford) works for you, then do that. Set that aside every month and pay that extra amount. Treat it like a bill. Choose an amount that works for you and pay it like clockwork as though it was a bill you had to pay each month.

Little amounts will not nix it entirely, but they will help tackle it and having a set plan can make it less of a chore. Creating a new plan of how much to put towards it each month is an unnecessary added stress.

5. Cut out Costs for Services You Do Not Use

If you are signed up for subscriptions that you do not use because of some free trial or for some other reason, cut it out. Your overall financial position will look better.

In turn, that will make cutting your credit card debt easier. Look at your statements to find these expenses. If you do not use them, you may forget you are paying some unnecessary amount each month. Cutting it out can really add up in savings that you can put towards other needed expenses.

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6. Get Aggressive About It

Consider these points:

Depending on the interest and the level of debt, you may need to give up a few indulgences. For example, instead of ordering delivery or going out to eat, cook at home. Everything adds up.

Other things may be more of a sacrifice. It may be a trip you wanted to go on, or a daily latte habit you’ve picked up. In these instances, consider how important it is to you and if it’s worth the sacrifice. And if it is a costly expense, think whether you can wait to indulge.

Cutting an extravagant expense can really help make a dent in your overall debt. Try not to add to debt when you are trying to pay it off. It will be a never-ending battle. Make it less of a battle with these tips and it will feel easier.

Bottom line: Do what you can to make this process easier for you. Implement steps that do this. It takes time now, but will help overall. Also, keep track of your spending and paying down of your debts. Which is the next point.

7. Reevaluate Your Progress at Set Intervals

Doing a regular check-in can help you see your efforts pay off or maybe indicate that you need to give this a bit more effort. If you check every 3-6 months, it will not feel so much like a chore or feel so daunting.

By doing this, you will be able to better understand your progress and perhaps readjust your plan. Bonus: if you see it pay off, it will feel great to do this check-in. You will get there.

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Finally (and most importantly)…

8. Keep Trying

Do not get discouraged. Pushing it off will make it worse. Just keep trying.

Once your debt becomes lower, each monthly payment will reduce the balance more. Why? You are paying less towards interest. It will be a snowball effect eventually and it will become much easier to manage. Just get to that point. And know once you do, it will feel easier and motivating.

Start Knocking out Your Debt Today

The best way to eliminate debt is to get started right away. Begin by implementing the above steps and watch your debt just melt away. Try out some of the above strategies and see what works best for you. Soon you’ll be on your way to a debt free life.

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Featured photo credit: Pexels via pexels.com

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