How to Sell Car with Check Engine Light On
Selling a car with the check engine light on can be a challenge, but it’s not impossible. Here are a few tips to help you get the best possible price for your car:
1. Be honest with potential buyers
The first step is to be honest with potential buyers about the check engine light. Don’t try to hide it or downplay its significance. Let them know that the light is on and what you know about the problem.
If you’re not sure what the problem is, you can take the car to a mechanic for a diagnosis. This will give you a better idea of what’s wrong and how much it will cost to fix.
2. Get the problem fixed
If possible, it’s best to get the problem fixed before you sell the car. This will make the car more appealing to buyers and help you get a better price.
However, if you don’t have the time or money to fix the problem, you can still sell the car. Just be sure to disclose the problem to potential buyers and be prepared to negotiate on the price.
3. Price the car accordingly
When you’re pricing your car, you need to take into account the cost of fixing the problem. If the problem is minor, you may only need to reduce the price by a few hundred dollars.
However, if the problem is major, you may need to reduce the price by more. You should also consider the condition of the car and its mileage when pricing it.
4. Be prepared to negotiate
When you’re selling a car with a check engine light on, you need to be prepared to negotiate on the price. Be willing to come down on your asking price, especially if the problem is major.
However, don’t be afraid to stand your ground if you think the price you’re asking is fair. Remember, you’re not obligated to sell the car if you’re not happy with the price.
5. Get a written agreement
Once you’ve agreed on a price, it’s important to get a written agreement. This will protect both you and the buyer in case there are any problems with the car after the sale.
The agreement should include the following information:
- The make, model, and year of the car
- The VIN number
- The purchase price
- The condition of the car
- Any known problems with the car
- The buyer’s and seller’s signatures
6. Sell the car
Once you have a written agreement, you can sell the car. Be sure to give the buyer a copy of the agreement and keep a copy for your records.
Selling a car with a check engine light on can be a challenge, but it’s not impossible. By following these tips, you can get the best possible price for your car and avoid any problems down the road.
