I'm in the process of trying to sell 2 vehicles, but it's my first time doing it. Any tips on how to get them sold?
It might help to include the names of so said vehicles.
1) Go to Kelley Blue Book and put in both cars' specs to get a rough idea of what they'll go for.
2) Take your cars to CarMax. They'll do a free inspection and then give you an appraisal. The appraisal is generally worthless because the whole place is designed to rip you off, so just throw that part away. But keep the free inspection report.
3) Go on your local Craigslist and post all of the relevant info about the car, and also the condition of those specs as verified by CarMax. Set the price 5-10% below Kelley Blue Book if you want the car to sell quick (like, within a week or two). Be sure to include lots of pics (both of the inside and outside), and to increase your audience/bids try posting to neighboring cities and counties as well.
4) Set up a time and day at a busy intersection where you know you'll get a lot of foot and car traffic. Try to schedule this on a weekend -- either Saturday or Sunday since that's when most people have time to do car shopping. Direct all of your Craigslist contacts to meet you there for test drives. Be sure to have a "for sale" sign prominently displayed, too; between the sign and your Craigslist contacts showing up, more people will want to stop and look.
5) Take as many people on a test drive as you can and bid up the price as far as you can. Play your buyers against one another. And have the title on you so you can sign it over immediately if you reach your target price. (People don't like to wait and come back if they really want a car right then.)
6) Don't be afraid to haggle. You can tell people no. But don't get too greedy either; if a really high bid comes in, just go with it because you might not see that number again.
EDIT: 7) Be sure to have as much data and info on your cars' histories as possible. Hopefully you've been keeping good mechanic records all this time because they certainly come in handy when selling. Lots of people will try to make up complete gibberish and BS in order to get you to lower the price by saying stuff is wrong when it really isn't. The worst thing you can say is, "I don't know." That just opens the door to endless haggling because buyers -- especially those who don't know anything about cars -- will make it out to be a worst case scenario type of thing in order to bid the price down.
8) If someone asks you what your lowest acceptable price is, don't answer. If they ask that, just tell them the price you already posted. Lowering your posted price to any one buyer will do so permanently, so leave it up to them to do that. Ask THEM what their budget is, then either accept or deny it based on what you want. If they're too far down, flat out tell them "no" and that they can either offer a higher price or you'll move on to another buyer. Lots of people say they don't have any more money than a certain amount and some are telling the truth, but others are just holding out to see if you know what you're doing and if they can get your car cheaper than what it's worth.
Very good tips for selling the cars Providence.
Cheers !!
Steering Rack
(09-28-2012, 12:26 AM)Providence Wrote: [ -> ]1) Go to Kelley Blue Book and put in both cars' specs to get a rough idea of what they'll go for.
2) Take your cars to CarMax. They'll do a free inspection and then give you an appraisal. The appraisal is generally worthless because the whole place is designed to rip you off, so just throw that part away. But keep the free inspection report.
3) Go on your local Craigslist and post all of the relevant info about the car, and also the condition of those specs as verified by CarMax. Set the price 5-10% below Kelley Blue Book if you want the car to sell quick (like, within a week or two). Be sure to include lots of pics (both of the inside and outside), and to increase your audience/bids try posting to neighboring cities and counties as well.
4) Set up a time and day at a busy intersection where you know you'll get a lot of foot and car traffic. Try to schedule this on a weekend -- either Saturday or Sunday since that's when most people have time to do car shopping. Direct all of your Craigslist contacts to meet you there for test drives. Be sure to have a "for sale" sign prominently displayed, too; between the sign and your Craigslist contacts showing up, more people will want to stop and look.
5) Take as many people on a test drive as you can and bid up the price as far as you can. Play your buyers against one another. And have the title on you so you can sign it over immediately if you reach your target price. (People don't like to wait and come back if they really want a car right then.)
6) Don't be afraid to haggle. You can tell people no. But don't get too greedy either; if a really high bid comes in, just go with it because you might not see that number again.
EDIT: 7) Be sure to have as much data and info on your cars' histories as possible. Hopefully you've been keeping good mechanic records all this time because they certainly come in handy when selling. Lots of people will try to make up complete gibberish and BS in order to get you to lower the price by saying stuff is wrong when it really isn't. The worst thing you can say is, "I don't know." That just opens the door to endless haggling because buyers -- especially those who don't know anything about cars -- will make it out to be a worst case scenario type of thing in order to bid the price down.
8) If someone asks you what your lowest acceptable price is, don't answer. If they ask that, just tell them the price you already posted. Lowering your posted price to any one buyer will do so permanently, so leave it up to them to do that. Ask THEM what their budget is, then either accept or deny it based on what you want. If they're too far down, flat out tell them "no" and that they can either offer a higher price or you'll move on to another buyer. Lots of people say they don't have any more money than a certain amount and some are telling the truth, but others are just holding out to see if you know what you're doing and if they can get your car cheaper than what it's worth.
Nice Information .....Thanks for sharing this information .......
Keep Sharing the information that is useful for others ...............
Hello Members,
The best selling points of a vehicle besides the mileage and the condition are maintenance records. A pile of well organized repair and oil change bills always put a potential buyer at ease; he or she will generally prefer to buy a vehicle that has been well kept than a vehicle without any previous records. To maximize your chances at selling your vehicle, the seller must try and get the most amount of exposure for your money. The advertisement suspects are newspapers, magazines and the Internet.
Thanks and Regards,
Anthony Martello
xkglow[dot]com
Post on craigslist, and on any other local classifieds.