June 29, 2023

Use Wurthy to sell with Confidence: Avoid the pitfalls of selling to friends and family

Cars, Smart Finance

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Selling items, including cars, to friends and family can seem like a great idea at first. After all, you already have a relationship with these people and trust them to make good on their payments. However, when it comes to selling high-ticket items like a car, things can quickly go wrong if the proper agreements and documentation are not in place.

When selling items to friends and family, it's important to have a clear understanding of the terms of the sale, including the payment schedule and the amount owed. Unfortunately, even the most well-intentioned individuals can fall behind on payments, and without proper documentation, it can be difficult to enforce the terms of the agreement. This can lead to strained relationships and can cause financial stress for both the buyer and the seller.

That's where Wurthy comes in. Wurthy provides a structure for paying for goods over time and even allows the seller to earn interest on the payments. Wurthy creates all of the necessary documents and agreements required to facilitate the transaction, taking the guesswork and risk out of selling things to people you know. This reduces the risk of non-payment and eliminates the risk of hurting a relationship.

By using Wurthy, both the buyer and the seller can have peace of mind knowing that the transaction is protected. The buyer knows that their payments are being tracked and that they have a clear understanding of when the item will be fully paid for, while the seller knows that they are protected from non-payment and can even earn interest on the payments.

In conclusion, selling items, including cars, to friends and family can be a great opportunity, but it's important to be aware of the pitfalls that can arise when doing business with people you know. By using a service like Wurthy, you can minimize the risk of non-payment and protect your relationships while still enjoying the benefits of selling items to people you know. So, the next time you're thinking about selling something to a friend or family member, consider using Wurthy to make the transaction smooth, simple, and stress-free.