How to sell your company cars

14 October 2015 3 min read

ARE you looking for a fast and easy way to sell your company cars? Here’s everything you need to know.

When it comes to getting rid of your old company cars, selling them is the best way to release the equity. However, it can be quite tricky to sell a company car – especially if you are trying to go down the private route.

Benefits of using a car-buying company

Sell multiple cars at once – great for individual company cars or entire fleets;
Instant sales – no waiting for buyers;
Competitive prices – no haggling over pennies;
Secure – cars bought by a registered company;
Cars for cash – no trade-ins or money at a dealership, cars are bought for cash.

If you want to get the best value from your vehicles then follow the tips below from cashpoint4cars:

Maintain them

This is something that needs to be done from day one of ownership. Your vehicles need to be well looked after, regularly serviced, cleaned and repaired when necessary.

While this may seem like an expensive chore, it will pay off in the long run by reducing the depreciation on your vehicles.

Why not try to strike a deal with a local garage on servicing and repairs for the most competitive price?

Know when to sell

Most cars come to a point where they start to depreciate much greater than before – this is typically at three to five years and between 30,000-50,000 miles. Selling at this point will ensure that you have the best price for your used vehicles.

If you leave it too late then you may be quite shocked by how little you’ll get for your company cars. Try to get rid of them while they are still relatively new and aren’t likely to begin to suffer from large, expensive mechanical issues.