We’ve created a few simple steps to simplify the process of paying out your car loan and selling your car in one easy service.

Talk to your lender

It’s important to speak with your lender about your loan before you look at selling your car. Get a pay out figure from them so that you can know how much money you’ll need to get back from selling your car.

Paying out the car loan

Once you’ve acquired the payout price, it’s time to see if it’s going to be possible to pay it out in full. You won’t be able to sell the car if it’s still under finance. You’ll need to either get the whole value of the loan by selling the car, refinance the remaining money on the loan or you’ll need to pay out the remainder from your own pocket.

Timing sale and payout

Whether you’re selling privately or to  a dealer, you’ll need to coordinate with your lender to get the correct payout figure for the correct payout day. Because interest is calculated daily and payments are frequently coming out – your payout figure will be changing every day. Therefore, to get the right payout figure you have to synchronise the sale and payout day.

Where car buying houses make is simple

Although paying out a loan can be a massive pain, buying houses are one option that can take the pain and stress out of the process. Places like Car Buyers Online  can take care of things with your lender and manage the paperwork behind the scenes, making it simple for you to sell your can and pay out the loan in one simple process.

It may feel like you’re advertising on every classifieds website on the internet and yet you still can’t sell your car quick enough. There is an easy way to get rid of your car that will have it off your hands in no time.

Where selling privately may seem easy, there’s often much more work involved than you’d think. Cleaning the car, getting it detailed, taking photos for the listing, writing about the car’s history and much more. Then, you have to invite a series of strangers to your house, sometimes over the course of a few months, for your car to eventually sell for much less than you hoped.

The solution is simple! Car buying houses are a growing trend, particularly in Brisbane. These buying houses simply offer you a fair price to buy your car and then they send you on your way with a nice wad of cash. If you’re looking to sell your car fast in Brisbane, we recommend Car Buyers Online based in Eagle Farm, just a few minutes from the gateway bridge.

You can even get an estimate online through their quick and easy valuation calculator that takes the make, model, kilometres and some other details and send you a rough price that you could expect to receive on your used car.

So what do you do when you have too many cars?

Although having too many cars can be a sign of wealth and excess, here are our reasons for why you should sell those additional vehicles:

• Cars will depreciate, selling them will give you cash, which won’t depreciate.
• Too many cars may clutter your driveway and house. Give yourself more room by remove a few square metres of car from your property.
• Paying registration, insurance and maintenance can become quite a burden. Getting rid of these expenses can provide you with tonnes of additional cash every year to spend on a holiday, bills or even a new car!

So how do you take care of unwanted cars to free up extra funds and space?

There are a few options to consider when selling your vehicle:

Selling Privately

Selling your car privately is one of the most common selling preferences in Australia. Selling privately can be good if you don’t mind waiting a while for the right buyer to come along and you don’t mind managing all of the paperwork yourself.

Selling to a dealer

Trading in to a dealer, while it’s quick and easy – can leave you with much less money that you expected to receive for your vehicle. Because dealers have a number of overheads and want to make a large profit on your vehicle, they can sometimes offer you as much as $5000 below market price.

Selling to a Car Buying House

Buying houses can offer you a better price than dealers because they have a larger network to sell to. As well as this, they have the added convenience of same day payment so you can walk away with payment on your vehicle much faster than you may have expected.

If you would like to sell your car for decent money and quickly, try Car Buyers Online for a pain-free selling process.

With so many options for selling your car online, it can become difficult to know which method will best sell your car. Your main options are selling privately through a car sales site, trading into a dealer and selling quickly to an Online Buying House.

Selling to a car buying house is certainly one of the fastest methods. Most of the time it’s as simple as getting a price online and then dropping off the car with a little bit of paperwork. Below we have summarised how easy selling online to car buyers  can be:

1. Search for “Car Buyers Online” in a Google Search
2. Enter the site and begin giving some details about your car
3. Quickly get an estimated price for your car
4. Drop the car off and receive quick payment!

With such a simple process and decent prices for cars, it’s becoming clear why car buying houses are becoming more and more popular.