Trading in your car may be a good option if you want to get rid of your old vehicle and buy a new one. However a major downside to trading in is that you have to do the deal with car dealer who has the exact car model that you are looking for and that too at a reasonable price. Instead of getting boxed into this situation, it is far better to consider doing two separate transactions – one for selling for old car and another for buying a new one. Of course, this means you will have to put in some extra work to get good deals on the sale and the purchase transactions but |
How to sell used cars – a few handy tips
There are several ways to sell used cars and what’s really great is that you can avail of all the options. You are not limited to choosing just one.
1- Word of mouth – Just inform family and friends that you are planning on selling your car. Somebody may know a friend or work colleague who is looking for a used car and yours may be exactly what they are looking for. To use an often used cliché, you have nothing to lose and everything to gain. 2- Place an ad in the local newspaper – Yes, many people still like to thumb through the classified ads in the local newspapers so go ahead and place that ad under the ‘selling used cars’ category. For maximum queries, it is a good idea to place the ad on the weekend when people when more time to go through the newspaper at leisure.
3- Place an ad on an online car dealer’s website – Today you can find several such sites that make it easier than ever to sell used car online. Some sites may charge you a nominal fee for this facility whereas others are absolutely free. Lots of used car buyers prefer to do their searching online because of the larger selection of cars available and the potential for better deals too.
What you need to do before putting up your car for sale Doing your homework before selling used car online will ensure that you get a good price for it.
The first thing you need to do is to estimate the value of your vehicle. You can do this by browsing through other sites that used car online and compare different models of cars for sale with their listed price. This should give you a better idea of what other car owners are selling their vehicles for and you can price your vehicle accordingly.
Once you’ve determined the approximate value of your car, you are ready to place your ad with your chosen dealer. Some of the details you should include in your ad are the make and model of your vehicle, year of manufacture, its color and engine size and the number of miles it has done. In a few words describe the condition of the car. In describing your car, don’t be tempted to exaggerate. If there is a flaw, be upfront and honest about it. Buyers appreciate an honest seller and it will make the whole experience more pleasant too.
After placing your ad be prepared to answer emails and phone calls from potential buyers and close the deal on a price that is agreeable by both parties.
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