CAR SELLING GUIDE - SELL YOUR USED CAR

If you are selling a used car you should do the things that will allow you sell at the highest possible price while avoiding common problems with payment and paperwork.

Used car dealers know that if they clean up their used cars inside and out, they can sell for higher prices. You can use the same technique when selling your own car. You may find that you can easily recover the cost of replacing worn tires, for example, and make your car sell faster. Touch up paint scratches. Repair windshield dings. Pull out small dents. Balance the tires. If you can't do all the work yourself, pay to have it done. Your effort will result in a faster, more profitable sale.
Price your car to sell

If you don't know how much you should ask for your car, use a price guide such as NADA Guides to get your car's market value. Add about 10% on top of the value you find. This should be your "asking" price. Most buyers will expect your price to be higher than you'll accept as a selling price.

Or if you want to sell quickly, you could consider setting your price a bit lower than guide prices.

See the following article for more details, "Used Car Prices and Negotiating."

You can also find out prices other sellers are asking for cars similar to yours. Check newspaper classified ads, "autotrader" magazines, eBay.com, and Craigslist.com. Some of these cars may be your competition.
Get a car history report

Most car buyers today are very savvy about the availability of vehicle history reports such as those from AutoCheck® and Carfax. Many would-be buyers will check your car with one of these services to make sure it has not been wrecked or salvaged.

You can improve your sales odds by obtaining a history report yourself and providing copies to potential buyers, a technique used by many used-car dealers. If you know the history of your car is good, you have nothing to lose and everything to gain by giving your buyer a clean report.
Where to sell your car

There are essentially two ways you can sell your car, depending on how quickly you want to sell and how much money you want.

First, you can sell wholesale. This means you sell or trade to a dealer for a low wholesale price and the dealer resells at a higher retail price to make a profit. If you have a relatively new, clean, low/average mileage vehicle, you should talk to new-car dealers who have a used-car lot or large used-car dealers such as Carmax.

Or you can sell directly to an individual buyer ("private party sale"), which should bring you a higher price than by selling wholesale. You can expect to sell at or near the same price that dealers get for the same car, in the same condition.
Advertising to sell your car

Article Source: http://www.used-car-advisor.com

Car Selling Guide Part 2