Looking to upgrade your trailer and get rid of the one you have? Or perhaps you’re finished with the trailer you have and want to sell it? Whichever the case, you can sell your trailer online. Selling your trailer online is simple once you have the necessary paperwork to transfer ownership and know where to advertise your trailer. We’ll go through the process of selling your trailer online, along with some tips to make it easier. We’ll start by answering the question of how to sell a trailer in the first place.
Whichever kind you’re looking to sell, be it a dry van, flatbed, lowboy, or any other type of trailer, you’ll need a set of documents for the transaction when you do sell it. The method to sell a trailer is straightforward after you gather the necessary documents for the sale. We’ll go through the common documentation needed when you’re selling a trailer. These include the title, bill of sale, and proof of sale.
When selling your trailer online, you must have the title of the trailer on hand. The title proves you own the trailer and you have the right to sell it. The title includes information such as the make, model, year, and VIN. However, different states can have different regulations on which types of trailers need a title. It is entirely dependent on your state. If you’re unsure, you can always ask a local dealership, a DMV, or the web.
The bill of sale is not always required but includes other important information for the transaction as you go through the process of how to sell a trailer. A bill of sale can have details such as the trailer’s VIN, what the car looks like, the sale price, and the date of the transaction. This documentation relieves the responsibility of the seller and is a receipt for the transaction. A bill of sale form may be found on your DMV’s website.
A proof of sale form is typically completed after the transaction, but nevertheless, you can have the documentation ready so you can submit it as soon as possible. The proof of sale depends on each state. For example, some states want you to report the sale within a certain number of days. In Illinois, sellers need to complete the Notice of Sale form. Like the bill of sale form, a proof of sale form should be found on your DMV’s website, if they require it.
Having sale documentation ready to go makes selling your trailer online much easier. Once you have these forms and your trailer’s details ready, the next step is to determine what price you want to sell your trailer for.
Once you have your paperwork, you should determine the sale price you’d like before posting your trailer for sale online. Negotiating commercial trailer sales is easier when you have a confident idea of what your trailer is worth. You might be thinking of asking for a higher price, but buyers can do their research too. When you set a reasonable price based on the make, model, year, and condition of the trailer, buyers really appreciate the honesty. It can also persuade them to accept the price you set. So, commercial trailer sales don’t have to be complicated. There are a lot of online resources available that can tell you how much your trailer is worth after you to enter your trailer’s information. Buyers can do this as well, which is why it’s best to set a reasonable price from the start.
Once you have the forms ready and a price range in mind, it’s time to start looking for ways to reach potential buyers. With various online possibilities, you’ll find a buyer in no time.
So many online avenues make selling a trailer online a breeze. You can pick which kind of online platform or market will work for you. Commercial trailer sales are common online when you find the right place to sell it. Online avenues include social media platforms, e-commerce websites, and dealership websites.
Selling a trailer through a social media platform might be surprising at first, but popular platforms have a market function on their apps. You can reach potential buyers who are both local or farther away. When you post your trailer for sale, be sure to use relevant hashtags such as make and model and include clear pictures so potential buyers can easily look at your trailer. This allows potential buyers to easily find your posting and get in contact with you about purchasing. Just be sure to look out for scammers when selling your trailer on a social media platform.
E-commerce sites like auction websites or community item listing sites are also available for you to sell your trailer online. You can either set your price or a starting price and allow people to give you an offer. You can post pictures of your trailer, as well as important trailer information like make, model, and year. Like with social media platforms, just be sure to look out for scammers along the way.
Another avenue for selling your trailer digitally is by going through a dealership’s website. When you find a trusted commercial vehicle dealership, you can contact them either by phone or on their website to see if they’d be interested in buying your trailer. By going through a dealership, you don’t have to worry about scammers or managing buyers. Dealerships have a professional way of buying vehicles, so this option is also a lot less hassle.
In this guide to digitally selling your trailer, we’ve gone through some of the most important pointers for you to consider as you navigate the process. From gathering the necessary paperwork to setting the right price to determining which online platform is right for you, the process of selling your trailer online can be simple when broken down into these steps. The steps can get you well on your way to finding a potential buyer and completing the sale!