Sunday, March 30, 2014

Used Car Selling Tricks

By Michael Trusthold


Planning to sell your used car? No idea where to start? This article can help you with the basics to make it less of a burden.

No one wants to buy a second hand car at a low price only to spend more on its repair. Fix everything, particularly those problems that are really inexpensive. In case you have a pretty expensive repair done before selling the car, you can always add your repair expenses to the selling price. A car that is in good working condition always fetches a good price.

Take advantage of free advertising in online auction sites and car magazines, regardless of your membership status. Describe the vehicle to the best of your abilities including the make and model, a photograph, the selling price, and your contact number.

Really in a hurry to sell your car? Don't think of selling it at a price far lower than what you really want. Have a bottom-line price that is significantly lower than the original asking price. This way you can reduce the price to satisfy the buyer's request but still be able to profit from the sale.

Telling the truth is always the best option especially when you are selling. Do not be afraid to admit if major and minor repairs have been done to the car. Eventually the buyer will know of these repairs so it is better to come clean from the start. You can also tell the buyer your real reason for selling the car.

"Add-ons" that are exclusively designed for your car's make and model are really good bonuses. Inform the buyer that you will throw in a couple of add-ons after the deal has been finalized and payment has been given.

Have the necessary papers, like registration, transfer of ownership, and deed of sale ready and on-hand. The last thing you want is a buyer backing out of a deal because it would take a long time to put everything in order.

Inform the buyer that your acceptable modes of payment are cash or a certified check. This assures you that you won't be cheated out of the deal. Remember that personal checks are a big no-no.




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