Selling a luxury SUV can present a multitude of challenges.
Let’s face it, selling any vehicle can be a real drag. If it isn’t tire-kickers you’re dealing with, it’s slow responses and additional issues. It isn’t a fun experience unless you’re able to sell it quickly. Selling a luxury SUV presents its own challenges, but knowing how to navigate those challenges is crucial to selling your vehicle.
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Unlike your run-of-the-mill vehicles including Honda Civics, Jeep Wranglers or Kia Sorentos, luxury SUVs are a different kind of animal. Meaning, luxury vehicles speak to a certain kind of buyer. Most car buyers are looking for a vehicle that is economical, practical, reliable, and will give them a great return on their investment. Luxury car buyers are looking for the best-of-the-best, the vehicle that will give them the most comfortable ride and make them stand out from the crowd. They want to be seen or noticed. Money is no object and they’ll gladly fork over however much they need to in order to get the make and model of their dreams.
So, when it comes time trying to figure out where to sell a luxury SUV or even how to sell a luxury SUV, you can get flustered. You have to start at square one, which involves understanding what luxury SUV buyers are looking for in a possible vehicle.
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Understand the psychology behind why someone wants to buy a luxury vehicle.
The luxury vehicle market accounts for close to six percent of automobile sales in the U.S. It’s a small, but a highly-lucrative piece of the automotive pie. As such, luxury buyers are always in a buying mood. These buyers always have certain factors on the mind whenever they go into a dealership looking for a luxury vehicle:
- Perceived value
- Status symbol
- Consumer experience
- Build Quality
Each of the above is important to a fan of luxury vehicles. Whether it’s a luxury car, truck, SUV, or motorcycle, they demand everything out of a luxury vehicle. It makes sense: if you’re paying a ton of money for something, you expect it to be miles ahead of other vehicles in all categories. If you’re wondering, “What is the best way to sell my luxury SUV?”, there is hope.
It's possible to sell a luxury SUV, you just have to know how to do it.
Did you know the average mid-size luxury sedan is worth close to $55,000? It’s true. Sure, you won’t get everything back that you initially paid, but it’s still a decent profit. How can you achieve that similar profit? It’s all in how and where you’re selling a luxury SUV.
The best places to sell a luxury SUV include:
- Car listing Websites
- Cash-for-Cars Websites
Yes, there are challenges in selling to any of the above but the payoff could be worth it. You’re much better to try your luck with the above than trying to sell privately. Tire kickers and awkward one-on-one meetups are both uncomfortable and risky.
Editorial Photo Credit: Dimitar Ivanov | Shutterstock.com
Once you’ve decided the best place to sell your luxury SUV, it’s time to start doing the prep work. Below are some great steps to help you get started:
- Start compiling the necessary advertising material. This includes taking high-quality pictures of your SUV and writing a detailed description that includes the make, model, year, color, mileage, and special features.
- List the SUV for sale. Want to sell your SUV for cash without all of this mess? I’d recommend using RumbleOn. You can get a cash offer in 15 minutes or less.
- Once you have a buyer, be sure to fill out a bill of sale and transfer the title. Also, remove the license plate before the buyer drives off with the SUV.
Here are some additional helpful tips for you: be sure to research the brand of your luxury SUV a little more. Not all cars are made equal, especially when it comes to luxury brands. The more you know about the SUV and it’s maker, the better you can sell the vehicle.
Additionally, be sure to take the buyer out for a test drive and talk about all of the small details. Knowing the interior materials, performance features, and upgrades will go a long way when you want to sell a luxury SUV to the right buyer.
Ready to sell a luxury SUV? We can help.
Selling a luxury SUV can be difficult. Sometimes, it can be downright impossible. That’s where RumbleOn can step in and help. We will send a cash offer for your luxury SUV in 15 minutes or less. Plus, we can pick it up from your driveway for free. No questions asked. We do all the hard work so you don’t have to. Don’t waste any time selling privately or listing your SUV on any other site, RumbleOn is here for you.