The first question you must ask when
selling your car is, 'How much is my car worth?' Well, this question is
actually incomplete. You really need to ask three questions and you get
three different answers....
The questions you must get answered depend on where you want to sell it. They are:
How much is it worth when I sell it to a:
1. Dealer?
2. Private individual?
3. Dealer as a trade-in?
There
is one more place you can sell your car but I would not recommend it
unless it is has major problems, and that is an auction.
You can
answer these 3 questions by going to online valuation web sites such
as: Kelley Blue Book in the United States or The Red Book in Australia.
You can get these prices for free.
The other way to value your car is to see how much they are going for in the classifieds.
Neither one of these ways is entirely accurate for the following reasons.
1.
Classifieds may have only one or two cars of your type and they could
be overpriced or underpriced. The quality of your estimate depends on
getting a good range. It's a good idea to check the prices over several
weeks if you can.
2. Online Valuation services may have
inaccuracies for particular models and should not be relied on
exclusively, just because they seem to be the authorities. Their
valuation is only as good as the data they have to go on. Since a large
number of transactions bypass their data collection you can only
consider it an estimate. It could be out by as much as $1000 easily.
3.
Seasonal demands influence the prices of cars. Convertibles sell for
higher prices in the summer time. These swings can exceed the ranges
given in valuations.
There is one more factor that overides all
the above. The final price you get is not it's worth. It's worth is
it's value. A good, reliable car with no rust, that has been maintained
can be sold for more money. It is worth more than a newer car that has
been poorly maintained. If you have such a car then you absolutely can
sell it for a good price because you are giving value for money.
Graeme
Sprigge is the webmaster of SellMyCarForCash.Com, a website dedicated
to enlightening you on how to get the most for your car in a private
sale. The site is is constantly expanding and includes more great
articles, some of which are available for reprinting in your ezine.
There is a lack of unbiased information on the net in this are so this
site aims to fill the gap.
For more cool articles, cool car selling tips, car finance tips visit http://www.sellmycarforcash.com
For his recommendation on the best online car finance there is more info
here
Copyright 2005 Graeme Sprigge. Please feel free to pass this
article on to your friends, or use it in your ezine or
newsletter. It's a shareware article.
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