There are 32 articles on this title. You are reading the article ranked and rated #1 by Helium's members.
The time has come for you to sell your pride and joy, or that pile of junk being a lawn ornament. There are a few things one must do before deciding on a selling price that will have the car sold within a quick time-frame and still help the seller be content with the selling price.
The very first thing one must do is their research. This includes Kelley Blue Book pricing, on-line prices around the nation, as well as local asking prices around the county.
Once you get an average selling price around the area, then it is time to look at the overall condition of the car, as well as any problems associated with the car, such as inspection and emission, any back taxes or liens that may be unpaid on the car, etc.
When looking at the condition of the car, check out the main areas of body, engine, interior and wheels. It is the buyer's responsibility, especially in an as-is sale, to do necessary inspections to make sure the car is in running order.
However, this does not entitle you to hide problems or cover them up. If this is done, you may have future lawsuits to deal with, and your problems will never go away.
When looking at the body, usual wear and tear is to be expected. Usual wear and tear includes rock chips here and there, little rust spots on the under body, and light nicks and scratches on doors and side panels.
However, if any big scrapes or dents are present, consider that into your selling price.
When it comes to the engine, DO NOT clean the engine or change any of the fluids. Clean fluids and engine bays give a buyer a feeling of worry. Sellers who do this tend to have a reason to clean up. Clean engine bays, unless recently restored, tend to be cleaned to hide any leaks. Clean fluids are another symbol of trying to hide something, such as little metal flakes that may have been found in the oil, or a stop-leak fluid has been used to temporarily fix a problem. So when it comes to the engine, you want to leave it the way it is.
When it comes to interiors, clean is usually best. However, a speculation may occur if an interior looks too clean or new, unless proper paperwork is given, such as detailing shop bills and receipts.
Any signs of smoking in the car usually will result in a lower selling price, as most people want a clean-smelling car. Also, burns and smoke stains will hurt the selling price.
When it comes to tires, you will have to take a loss if the tires are less than 50% tread.
After you have completed an
Below are the top articles rated and ranked by Helium members on:
by James Vasile
The time has come for you to sell your pride and joy, or that pile of junk being a lawn ornament. There are a few thi... read more
by Sean Curtis
Setting the right selling price for your car is the single more important step in the car-selling process. You don't ... read more
by Zeke Allen
Remember that you have something you don't want anymore, and you want someone else to want it badly enough that they ... read more
There are various factors that determine the price of used cars.These can be listed as 1.Market forces in the area... read more
by Joseph Mohr
Whether you intend to buy or to sell a used car establishing a fair market price for it is essential. Information is ... read more
View All Articles on:
Criteria for establishing a selling price on your used car
Add your voice
Know something about Criteria for establishing a selling price on your used car?
We want to hear your view.
Write now!
Cast your vote!
Click for your side. Must be logged in.
Featured Partner
1H2o endeavors to create an international network of journalists and media makers with the purpose of generating the ...more
hide