Are you planning to sell off your old car in Canberra soon? If yes, then you ought to be wary of the hidden expenses that can bite into the profits you’re expecting to make, no matter how straightforward the process might seem. Professionals offering old cars removal in Canberra have observed and explained the most common hidden fees that you need to avoid when selling an old vehicle.

1. Advertising costs

While selling a car, the foremost hidden fee you will come across is for advertising. This is particularly true for car owners who want to strike a deal privately by advertising the sale through newspaper ads or online platforms. Though some websites provide listings free of cost, others will charge for various premium features like extended or highlighted posts.

2. Roadworthy certificate

In Canberra, you are required to get a roadworthy certificate for your old car to sell it. The cost of this certificate will depend on how good or bad the condition of your vehicle is. If the vehicle requires substantial repairs for passing the RWC, it will add to the overall selling costs.

3. Stamp duty & transfer fees

Though not directly the responsibility of the seller, stamp duty and transfer fees can affect your sale. Sometimes, you may even propose to take care of these costs for sweetening the deal. Factoring this expense is important as it can become a substantial outlay.

4. Registration & insurance cancellation

After selling your car, you may have to cancel its insurance and registration. Depending on the policy, there can be cancellation fees. 

How to avoid such expenses?

• Choose a suitable selling method - If you choose to sell your car to a business offering same day car removal in Canberra, you can save on advertising and transfer fees.
• Stay prepared - Prepare for the sale in advance if you are doing it privately or with the help of a dealer. 
• Realise your obligations - Determine any obligations & potential fees if there is outstanding finance.
• Negotiate carefully - Include the costs of stamp duty and transfer fees in the selling price.

Thus, keep these things in mind if you are planning to sell your old car soon.