Tuesday, July 14, 2009

The best way to sell your car

Selling your car can be a long and drawn out process if done the wrong way. I have helped 1,000's of people sell their used car online in the shortest amount of time. Save yourself some time and money by following the steps below.

Research the value before you place a classified ad.
Too high a price will scare people away. Take into consideration the mileage, condition, and the records you have kept. People will be more willing to buy a car if you kept good records of all maintenance. When arriving at an asking price look at all the online sources and get an average cost. Most sites use different databases for pricing information and your best price is an average from all of the sites. You can get pricing information online at any of the following online websites:

Kelly blue book - They now have a private sale value which is what you can expect to sell your car for to a private party. I have heard others say Kelly Blue Book pricing is a little high, and after researching many cars online I must agree.

NADA - The choice of most dealers and financial institutions.
Edmonds - Another great source for pricing

AutoWorld - In my experience this site offers the most realistic pricing.
When writing your ad, make sure to include the basics..... Make, model, Color, price, mileage, phone number and best time to contact you. Adding OBO (Or Best Offer) after the selling price may get you a few more responses since the buyer will know you are flexible.

Clean your car before anyone comes to see it. Make sure you sweep out the interior and clean any spots from the carpet and upholstery. Also a good coat of wax would not hurt. Consider going to a reputable detailing business to have the car cleaned. This can literally add 100's of dollars to the resale value.

If you have an extended warranty on your car, check if it's transferable. This can ease a seller's mind and possibly make the sale.
Print out a one page flyer and hang them outside supermarkets and other businesses with public bulletin boards. Also check out free classified papers which usually are distributed outside of supermarkets.

You must use online advertising to reach the largest audience possible. Go to car.com for listing used cars online. Many people have used car.com and sold their car within a month ! Where else can you submit your ad and get it shown to Millions of people per month?

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