Selling Your Car Online...Here are Some Helpful Tips
When I was young I grew up in a small Arizona town. To sell a
car, I simply parked it on the busiest street corner with a for
sale sign on it. However, my vehicles were not worth much so I
wasn't worried about vandalism! But now I can afford more
expensive vehicles and I want to get a reasonable price for my
used car without over pricing it. How can you accomplish this.
Here are 5 useful steps:
Step 1
Determine Street Value
To find the street value for your car, motorhome, boat, classic
car or motorcycle can be easily configured by checking out your
local newspaper and shoppers as well as performing an Online Search. You may
have to actually call sellers to see if there vehicle is sold.
Thusly, you'll know approximately what the highest price
comparable vehicles are being sold for.
Step 2
Book Value
There are 3 main Book Value companies you can visit to configure
your book value. Remember, you will need to choose the private
party choice. The following companies can be used to find the
values of autos, watercraft, recreational vehicles, collector
cars, and even airplanes!
Kelley Blue Book www.kbb.com Edmunds www.edmunds.com Nada Guides
www.nadaguides.com
I prefer Nada since they are the industry leader.
Step 3
Popularity Value
Depending on whether or not you own a popular style vehicle will
also determine your asking price. Usually, you'll be able to
decide upon a price range that you'll accept if you get an
offer. The more popular your vehicle, chances are you'll be able
to sell your vehicle at the higher price range.
At this time most Japanese vehicles have a high resell value.
For example, Honda, Toyota, and Nissan hold the highest residual
value. However, if you own an SUV, they are in top demand! For
more information on residual value, please ---->Click Here.
Step 4
Pricing Your Vehicle
Now you have looked at steps 1 through 3 and you have a price
range your are comfortable with. If you price your vehicle too
high you may never sell it or may take a long time. However, if
you price it too low you may sell it immediately and then you
will be kicking yourself in the rear! So do your homework!
Also, when you run a search online for comparable vehicles and
you notice that many are selling for $20,000 then it is
advisable to price yours at $19,999. The $999 looks better and
may be more attractive to a buyer.
Step 5
Price Adjusting
If needed, adjust your asking price based on the number of
responses you recieve. If you are not getting the amount of
inquiries, then you may have to lower your selling price. Only
do so if you are comfortable with the lower price.