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Dealing With Car Buying Companies

by Olufisayo
Dealing With Car Buying Companies

Buying a car in Australia has never been easier, and there is some excellent information on buying cars on the moneysmart.gov.au website.

Many people will first need to sell their existing car before the purchase of a new one, and selling your car for quick cash has also never been easier with the advent of car buying companies.

You can get cash in your account within 24 hours, so here is everything that you need to know about dealing with any similar companies.

Dealing With Car Buying Companies

Finding A Company To Buy Your Car

Traditionally, if you wanted to sell your car, you would place an advert or take it to your local car dealer. However, we live in a world full of technology, and the best way to find a company to buy your car quickly is to use the internet. You can use your favourite search engine and make yourself a list of the businesses that all offer cash for cars. You will need to contact each one of them and ask them for a valuation of your vehicle. They will also need to inspect your vehicle in person before they can make an offer. Most companies are very flexible so you can arrange for them to see you during your lunch hour at work, or when you get home in the early evening. The details that you will need to provide them are;

  • Year
  • Make
  • Model
  • Engine size

With this information, they will arrange a visit to inspect your vehicle and make you an on-the-spot offer. When you have all of your offers together, you can then decide which company to use to sell your car.

What You Will Need To Sell Your Car

The first thing that you will need to be able to sell your car is the registration. If you do not have this, then you will need to contact your States Road Authority to get a copy of this. You will also need to provide multiple forms of identification to prove who you are. Your passport and current driving license are sufficient, or you can also provide others forms such as;

  • Bank Statement
  • Utility Bill
  • Medicare Card
  • Council Rates Notice

If you do not have a passport, then you will need to supply a couple of the above terms as well as your driving license, and you should check each company’s requirements individually. If your car has outstanding finance on it, then you will also need an up to date statement from your finance company detailing the current outstanding balance. The last and maybe most important information that you will need to supply is your bank details! You cannot get paid if you do not have them, and many companies only offer bank transfer as a way of payment, rather than cash.

Shop Around

You may find that the price that they offer you for your vehicle can differ quite drastically between all of the different companies, so it is important that you shop around before settling on a deal. Even if you need your cash quickly, have a little patience and speak to as many different companies as you can, if you want to get the most money for your car that you can!

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