The used car market in Queensland is booming. Between the growing population and a younger generation preferring to buy used cars, more people are looking for secondhand vehicles than ever before. With more choice comes more competition, which is great news for buyers. If you’re thinking of selling your car in Brisbane, here are some things you need to know before going about it.


How to sell your used car in QLD
Before going about selling your car, it’s important to know what you’re doing. Here are a few tips to help you get the most out of your experience.

Know your market

The best way to find out what’s selling is to know what’s currently on the market. You can do this by reading the classifieds in your local newspaper or going to a search website like Google or eBay. You can also look at online classifieds like Gumtree. You can also check popular car forums or chat with a few people in the used car industry at car meets or car parks. This will give you a good idea of what’s selling at the moment and what’s currently on the market. Another great way to find out what’s selling is by setting up a Facebook page and posting about your car for sale. That'll help you find out exactly what’s selling in your local area and what kind of prices people are willing to pay. For heavy vehicles, licensed tow trucks, buses and public passenger transport vehicles this is a Certificate of Inspection (COI)



Know your price

Your price is a key factor when selling a car. If you price your car well below what it’s worth, you’ll get fewer responses and may not get any serious offers. On the other hand, if you price it too high, you’ll have a hard time selling it. The key is to find the price where you have enough interest to have it sell, but where it doesn’t sell for too much.


Decide how you want to sell your car
There are two options when it comes to how you want to sell your car. You can either go the auction route or private sale. These two different ways of selling a car will affect what you do differently and when.



At an auction

When you sell a car at an auction, you’ll have to entrust it to the auctioneer who will hold it at the auction. This means you can’t pick it up yourself until all of the biddings are done. Your car will be advertised online and in print media. The online component will be where you put up a listing that includes a photo, the car’s make, model, year, and condition. You can also list any features, mileage, and any special features of the car. You can have you're listing private or open for viewing. The best way to sell a private car is to make it visible only to approved buyers. This gives you peace of mind that the buyer has the money to buy the car.



Selling privately

Another way to sell a car privately is to put it up for sale on a site like eBay or Gumtree. These sites aren’t regulated and are a great place to sell your car quickly. The only downside is these sites charge listing fees, so they aren’t the best option if you’re looking to break even.


Preparing for an auction or private sale
There are a few things you should do before selling your car at an auction or privately. The first is to have a clear title in your name. If you have a lien on the car, you can’t sell it. Next, you’ll want to have the car in good condition. The auctioneer will be inspecting the car and you don’t want them to find any problems with the car. If there are any issues, they can either leave the car outside the price range or auction it off at a lower price. If you’re selling privately, you should have an ad up on a site like eBay or Gumtree. You can also use local classified ads or Craigslist.


Bottom line
The used car market in Queensland is booming. Between the growing population and a younger generation preferring to buy used cars, more people are looking for secondhand vehicles than ever before. With more choice comes more competition, which is great news for buyers. If you’re thinking of selling your car in Queensland.