Selling a car can be just as strenuous as buying one. You have many options; We have included a list of options to help you try to get the most money for your car. Sell It Yourself
If you decide to sell the car yourself, you can place an ad in the classified section, put a "For Sale" sign in the car, or both. It is increasingly popular now to place your car online for sale as many more consumers are shopping for car on the net. CarLicious.com offers private owners the chance to advertise their cars online with up to 12 photos for FREE!!
- Decide on a fair asking price that leaves you some negotiating room. Decide ahead of time how much you are willing to reduce the price and try your best to hold firm.
- Make sure the ad runs when it is most likely to be read by the largest number of people, typically over the weekend, especially Saturday and Sunday. Advertising on CarLicious.com offers an excellent opportunity to reach millions of prospective buyers 7 days a week, 24 hours a day!!
Trade It In
Trade-ins are easier because the dealer handles the paperwork, and the credit can provide a down payment on a new model. Generally, a consumer will receive less money for their vehicle on trade as dealerships need room to profit on resale. Sometimes the numbers can get confusing, so a general rule of thumb is to negotiate the price of the car you are purchasing and your trade-in value separately.
Use a Consignment Lot
Consigning your vehicle is basically allowing a consignment service to display your vehicle on their lot for sale saving you the hassle of trading it in. The Consignment services do take a percentage of the profit however at a predetermined percentage. Make sure you negotiate a low percentage commission to the consigner so you do not risk losing to much of your profit. Using a consignment lot lets you get a better price than a trade-in, yet allows you to avoid the hassle of selling the vehicle yourself.
Donate you vehicle
If you determine that the amount of money you would receive for your car is just not worth the hassle of trying to sell it, please consider donating you car to charity. When you donate you car to charity, you are not only helping an organization, but you can also receive a tax write-off for your donation. The Children's Cancer Research Fund is an organization that would gladly accept your car as donation and is dedicated to fighting childhood cancer. |
