November 13th, 2024
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Posted By: Mk
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Industry data reveals it takes independent dealers an average of 50.6 days to sell a used car, while it takes an average of 28.3 days for car supermarkets (Statista).
However, when it comes to selling your car, many private sellers find themselves asking, “How long will it take?” The truth is, there’s no one-size-fits-all answer. The timeframe can vary greatly depending on the method you choose to sell your car, the current market conditions, and how desirable your current vehicle is. Let’s dive into the different avenues for selling your car and what you can expect in terms of time commitment.
Key Takeaways
Selling your car privately can often fetch a higher price because you deal directly with potential buyers. However, this method requires a bit more legwork. You’ll need to market the vehicle for sale, make minor repairs to make it more appealing, and ensure your service history is up-to-date and thorough. It’s also essential to conduct a personal check if there’s any outstanding finance on the car.
The average time it takes to sell privately can range from a few days to a few months, depending on how in-demand your model is and how well you’ve priced it according to the current market. Cars in high demand can be the fastest-selling used vehicle in your lineup, making the process relatively smooth sailing.
Auctioning your car can be an exciting selling way, often resulting in a quick sale. The average time for selling at auction is relatively short, usually within a week of listing, as auctions are typically fast-paced environments. However, the selling price you achieve can be unpredictable and might only sometimes meet your expectations, depending on the bidders’ interest on the day.
This method suits sellers looking for a fast turnover and those willing to gamble on the sale price for a chance at a hassle-free selling process.
For those looking for a second-hand car sale that leaves the tyre kickers and time wasters at the door, BigWantsYourCar.com offers a streamlined process. Our platform simplifies the selling process, from evaluation to offer – selling your car has never been faster or easier.
It can take as little as 24 hours to secure the best offer based on real-time market rates, collect your car, and have the money in your account. We handle the heavy lifting, from doing market research to handling any outstanding finance, ensuring you get a fair selling price every time, with no hidden costs.
Find out how much your car is worth today.
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