If you are trying to sell your car but have no takers, despite its lowered price, there could be several issues at play. Some buyers will be enticed by a low asking price, but others will be suspicious, thinking that perhaps your care is the proverbial lemon.
If your used car doesn’t sell after several months on the market, consider these potential reasons:
- Maintenance history – Most shoppers will want to check the history of your car. Missed periodic maintenance will be a red flag for any buyer. A car that has not been faithfully maintained is a candidate for a major breakdown. Also, if your car’s history shows that it has undergone several costly repairs, potential buyers may be put off by the idea that this is a continuing trend.
- Odor – Nobody expects a used car to have the new-car smell, but foul odors will repel people almost immediately. If your car has been used for transporting pets or if it has not been cleaned for months, people will notice. The odor of cigarette smoke is also a major deterrent. Regardless of the age of the car, it should smell clean and fresh.
- Bad body works – Your car need not look like it has just driven off the dealership lot, but the body should still be in good condition. Small dings and scratches can be ignored, but significant dents or non-functioning locks are hard to overlook. People who are looking to buy used cars still want them to be presentable and clean.
- Poor mechanical condition – A purchaser will undoubtedly want to test drive your car before making any decisions. Bad mechanical conditions, such as faulty brakes, transmission gears that disengage, or a sputtering engine, will be a significant turn off. Few people are willing to take on a car that needs a lot of repairs right from the get-go, even if you offer the car at a much lower price.
If your car has any of these issues, don’t give up hope. You can often invest some time and resources to make it more appetizing to buyers and still get a decent return on your original purchase.