SELLER'S GUIDE

How to use the true vehicle market value to your advantage

Need some tips for selling your used car? You're in the right place! Here are our essentials for a smooth and fast sale. Above all, keep in mind that selling a property is a match between supply and demand, so this guide might also come in handy for your wedding!

Determining the selling price

CarSnatch's price predictor for used vehicles allows you to get an independent assessment for the evaluation of the actual market value of your vehicle. Visit the price oracle, enter your vehicle's specifications (model, year, mileage, fuel type) and press 'submit'

You have two graphs in front of you: the first one represents the distribution of estimated prices for your vehicle. CarSnatch's advanced analytics engine models sellers' estimates and displays a probability curve. On this curve, the value with the highest probability is the actual market value for your vehicle. You can now confidently work on your listing, knowing that you're asking a fair price for your vehicle!

Important information

Online used car buyers are often well-informed, especially if they've read the CarSnatch guide! They are likely looking for specific information about your vehicle, such as the year, mileage, fuel type, transmission type, and drivetrain configuration. In general, it's better to include all relevant information, including any defects in the vehicle. A disclosed defect in your listing will cause less damage to the credibility of your listing than a defect discovered during inspection. This way, you filter out moderately interested people and focus on the best potential customers. Additionally, a comprehensive listing will reduce the volume of inquiries you receive, and believe me, you can receive a significant number of them!

Finally, you need to indicate if you are open to negotiation or if your price is firm. This is especially useful if your price is firm, as there's a good chance you'll receive negotiated offers if you don't specify anything. Personally, I recommend stating that your price is 'slightly negotiable'. The reason is that people have the belief that prices in the used car market are negotiable, and a firm stance on the price will be off-putting to most buyers. 'Slightly negotiable' means they can satisfy their belief that they can lower the price without impacting you too much financially

Write an ad

You have two choices: let your creative pen flow and write every word of your ad, or let the AI do it for you. ChatGPT is your friend here, I recommend using it, even if it's just to provide you with a draft that you can improve. It will always be faster than starting from a blank page. Here's an example of a prompt you can use in ChatGPT:

Take on the role of a used car seller. You need to sell the following vehicle in a maximum of 200 words, in a casual and sincere tone: [brand] [model] [year] [mileage] [fuel type] [transmission] [drivetrain] [description].

You'll give me news about it!

The pictures

Take 7 photos: 4 exterior and 3 interior. From the outside, take pictures of the front, each side, and the back. The photos of the front and back should be taken at a slightly lower angle than the average height of an adult, it gives a more imposing effect. From the inside, photograph the trunk (empty), the central console (stand between the two front seats, on the rear bench), and a photo under the hood.

For an even more impressive effect, consider removing the natural background from the photo and replacing it with a solid backdrop. This is a professional effect that increases the click-through rate on images by an average of 30%! Online services, both freemium and paid, are available for this type of service, such as Spyne (https://www.spyne.ai/car-background-removal) or Remove (https://www.remove.bg).

The transaction

What forms of payment should you prefer for your transaction? The simplest is to request a certified check from the buyer. Bank transfers are often capped, and regular checks are less secure. Make your life easier and reduce your stress!

Good luck!!