subject: Price Your Used Car To Sell [print this page] Price Your Used Car To Sell Price Your Used Car To Sell
The economic market may be in a current slump, but that doesn't mean you'll never sell your used car. However, you may have to go about a different way of selling your car than you would have10 years ago. It doesn't help that brand new cars at dealerships are being sold for $0 down, $250 a month, and so on. You'll definitely have to price your car competitively on today's market, but not so low that you can't afford to buy another.To figure out the value of your used car you'll want to do some research with Kelly Blue Book, or something similar. By using a source such as this you'll find it easier than listening to "hear say" from a dealer about how much he/she might think your car is worth, you never know if someone has an ulterior motive. From a guide such as this you'll find a wide array of car categories to choose from. You simply need to know your car category, year and model to get started. However, from there make sure you're prepared with more specifics. You'll need to be aware of your car's mileage, transmission and the equipment that comes with the car such as air conditioning, cruise control, radio, etc. From there you can find out the car's worth in private party value, trade-in value, suggested retail value and the certified pre-owned value. This should give you a good range to work within. Don't forget to take in account any cosmetic or interior damage such as scratches, rust and bald tires. That should get you started with a solid number to price your used car. Now you need to decide whether you plan to sell your car to a dealer or directly to the buyer. You should start with listing your car on used car classified ad sites which are available online and in-print. From there you can see if you get any hits on the car and possibly gauge a timeline on how long it may take you to sell. If you've listed your car in classifieds for more than a month and can't afford to keep it any longer, you may want to look into selling the car to a dealer. However, be aware that a dealer is prepared to offer you significantly less for your car than most buyers will. If your car is over four years old most dealers will only offer you 25% of its market value. You want to be aware that they're going to turn around and sell it for much more, however they're prepared to perform repairs and clean the car up so it is in tip-top shape. If your used car has a serious problem and needs major fixing, such as a new transmission, you need to be realistic. This will appear as a red flag for most buyers and they won't want to take on the costly venture of getting their "new" car fixed. In this case selling to a dealer may be your best option. They may even provide you with a high-quality deal in order to ensure purchasing of your new car there. If you are planning on selling your used car, be very familiar with its market value. Be realistic and realize that most used cars aren't in perfect shape and very rarely will you get the full cost of what the market value is on your car. However, this doesn't mean you should take just any deal, make sure you research multiple offers and options.
