Don’t Dread the Test Drive
Selling your car has many leap-of-faith moments; the dreaded test drive is perhaps the biggest. It might seem a little weird, but if you plan on selling your car the right way, you’re most likely going to have to trust a stranger behind the wheel. By following these basic precautions, you can make the test drive a safe and informative experience for both you and the prospective buyer:
Meet potential car buyers somewhere other than at your home. Agree to meet in an identifiable public area like a mall parking lot or public parking garage. But not late at night, of course.
When possible, bring along a friend and make sure family members or friends know of your plans.
Plan a route that allows the buyer to experience a variety of driving situations. Give the buyer the opportunity to drive on the highway and in local traffic.
You should accompany your prospective customers on the test drive. This gives you more selling time, and it spares you the distress of watching a stranger drive off with your car. When riding along, point out all the features you love about your car, including things you didn't have room to mention in your ad. You've got a captive audience — make the most of your time. It might make sense to bring a friend along on the test drive, especially if you’re uncomfortable about driving alone with the buyer.
While test-driving, don’t reveal personal information about yourself. There’s no reason the buyer needs to know where you live, what you do for a living or your relationship status. At this point, you don’t even need to reveal your full name. Also, make sure to clean your car of any personal information such as bank receipts or letters, which can be used to steal your identity. These steps might seem paranoid, but it’s better safe than sorry.
Liability insurance coverage shouldn't be an issue. Many insurance policies cover other people who drive your car as long as they have a valid driver’s license and are doing so with your permission, and they have a valid driver's license. Verify your policy's details; if it doesn't offer this protection, ask to see proof of the buyer's insurance. Make sure the driver has full coverage, which includes collision, liability and comprehensive.