Successfully selling used company cars - important tips for companies

Selling a used company car: What businesses need to know

Selling company cars is an important process for many businesses, especially when it's time to upgrade the fleet or optimize costs. However, when it comes to selling a used company car, there are several factors you need to consider to ensure a smooth and successful sale. In this blog post, we’ll guide you through the steps to sell your company vehicle quickly and profitably, while highlighting key factors to keep in mind during the process.

Why sell your used company car?

Company vehicles often accumulate high mileage and are used regularly, but they can still fetch attractive prices in the used car market. Selling a used company car allows businesses to refresh their fleet and free up capital that can be reinvested in new vehicles.

Step-by-step guide: How to sell your used company car

1. Determine the market value

Before listing your used company car for sale, it's crucial to determine its current market value. The value will depend on factors such as the car’s age, mileage, equipment, and overall condition.

• Online valuation tools: Use tools like mobile.de or Schwacke to get an initial price estimate for your car.
• Vehicle history: A complete service history and regular maintenance can significantly increase the selling price. Buyers prefer cars with a full documented history.

2. Consider tax implications

When businesses sell used company cars, there are certain tax implications to keep in mind:

• VAT (Value added tax): If the company reclaimed VAT when purchasing the vehicle, VAT must be added to the sale price when selling.
• Depreciation: If the vehicle is not fully depreciated yet, it's worth consulting a tax advisor to ensure you optimize any possible tax benefits.

3. Prepare the vehicle

A well-maintained company car usually fetches a higher price. Consider making minor repairs or having the vehicle professionally cleaned before selling.

• Clean the interior: A clean and tidy interior creates a positive impression.
• Minor repairs: Small investments in new tires, brakes, or lighting can pay off in the selling price.

💡 Good to know: Did you know that well-maintained company cars are highly sought after in the used car market? Buyers particularly value cars with a full service history, as these vehicles tend to be well cared for.

4. Choose the right selling platform

There are several options available when selling your used company car. You can either go for a traditional private sale or use specialized platforms.

• Private sale: Online marketplaces such as mobile.de or autoscout24.de offer broad exposure, but you will need to manage viewings and negotiations yourself.
• Specialized buying portals: Platforms like CashforCars.de handle the entire sales process for you, offering a quick and hassle-free sale without the need for listings or negotiations.

5. Prepare the necessary documents

Make sure you have all the necessary documents ready to ensure a smooth transaction:

• Vehicle registration (Zulassungsbescheinigung Part I and II)
• Service and maintenance records
• TÜV (roadworthiness) report and emissions test

6. Secure the sale

When selling a company car, it’s important to ensure a safe transaction. A written sales contract should include all relevant details such as the purchase price, the condition of the vehicle, and payment terms.

Frequently asked questions (FAQ) ❓

1. Do I have to pay VAT on the sale of my used company car?
Yes, in most cases you’ll need to add VAT to the sale price if the VAT was reclaimed when the car was purchased as a company vehicle.

2. Should I sell my company car privately or through a buying portal?
Both options have their pros and cons. Private sales may yield a higher price but require more effort. Selling through a portal like CashforCars.de is faster and more convenient.

3. Can I sell a company car that is still under financing?
Yes, you can sell a financed company car. However, the lender (e.g., the bank or leasing company) must agree to the sale, and the outstanding loan must be settled before the registration document is handed over.

4. How long does the sales process take?
With specialized buying platforms like CashforCars.de, the sales process usually only takes a few days – from your initial inquiry to the vehicle collection and payment.

Why CashforCars.de is the best solution for selling your used company car

Selling a used company car can be complex, but it doesn’t have to be. CashforCars.de offers businesses a quick and easy way to sell their company vehicles, regardless of their condition. Our process is not only convenient but also ensures you get a fair price.

Benefits of using CashforCars.de:

• Quick and fair valuation: We assess your company car in no time and provide you with a no-obligation offer.
• Free collection: We collect the vehicle from any location in Germany free of charge – whether it’s roadworthy or not.
• Instant payment: Upon collection, we transfer the agreed amount to you via real-time bank transfer.
• Multilingual customer support: Our team is here to assist you throughout the sales process with professional, multilingual service.

Conclusion: How to successfully sell your used company car

Selling a used company car is a great opportunity to modernize your fleet and free up capital. With the right preparation and a smart selling strategy, you can get an attractive price. However, if you prefer a quick and hassle-free sale, CashforCars.de is the ideal solution.

Contact us today to receive a no-obligation offer and sell your used company car quickly and securely!

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