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Some considerations when deciding
to sell your car yourself
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| If, instead of trading in your old car, you decide to sell it yourself, you could be saving yourself a huge amount of money. Usually, if you trade the car in, you won't get much more than its trade-in value. By selling it yourself, you will probably be able to sell it for an amount that is somewhere close to market value. So, as far as price is concerned, selling the car yourself is the best way to go. Of course, there are some disadvantages as well. Here's a list: | ||
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Safety:
When you place an ad in the newspaper for your car, you are inviting
people to call you and come out to see the car. You never know who
might show up. Because you really can't screen who will show up at
your door, it is a good idea to always meet people who come to look
at the car with a friend. There is safety in numbers. When evaluating
the car with a potential buyer or taking a test drive, make sure you
have someone else around. However, when placing an ad on the Leavenworth
& Lansing Auto Exchange you can provide only an e-mail address
and avoid all safety hazards. |
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Time:
Selling your car will take a lot of your time. You will have to speak
to lots of people over the phone or answer numerous e-mails. Buyers
will come to see the car and ask you lots and lots of questions. One
way to save time is to think of some questions you might be asked
and write down a list of those answers. That list may include: Maintenance
history (i.e. tune-ups, oil change, tire rotation, etc. and dates)Parts
replacement (i.e. alternator, starter, muffler, etc. with dates)Specifications
(i.e. cruise control, electric doors/windows, sun roof, etc.)General
car historyThe opportunity to make a better profit by selling
the car yourself is proven, however, remember it will take time and
energy. Your time may end up being worth thousands of dollars at the
end of this experience. |
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