You can get the best price for your used car only when a new care of the same model is being sold at the highest price. If a manufacturer gives discounted prices for a new car of the same model, you can't sell your car at the best price. In other words, the best time to sell your used car is when the prices for the model you have are at the highest. Hence the important factor that affects the price of a used car is the price of a new car of that model you own. So it is better to wait until the price of a new car of your model goes up rather than selling it when the manufacturer gives discounts for a new car of your model.
Preparing your car for selling it is a must. You have to consider what the potential buyer thinks of your car. So you have to maintain the interior and the exteriors of your car properly. If your car is not clean inside and out, the potential buyer may not think positively about your car. This simple issue might make you lose a possible deal. Therefore proper maintenance of your car is essential to fetch a good price for your used car. Some people might overlook some serious problems in the car if the car looks shiny and glowing. Touch up scratches on the exterior and interior. Make up the small dents in it. Balance the tires properly. Clean inside and out. This might fetch you a profitable deal.
The price of your car should take into consideration the mileage and the condition of the car. You might also consider the demand for that model. Cars that have run for more miles are often not preferred and they are considered ‘used up'. Hence most of the people prefer cars that have run for fewer miles per year. Usually a potential buyer would consider the price that you have fixed for your car as the asking price and he would negotiate the price. It is always better to have a margin of 5% of the price that you want to sell so that your can negotiate that 5% with the buyer of your car.
Finding places to sell your used car? There are sites that specialize in selling and buying cars. You can also rely on the local auto traders in your locality to sell them. Or, place classifieds in the newspapers to get your deal.
Best Price Used Cars
That's right. To get the absolute best price possible, you do not want to be sitting there in a Dealership negotiating back and forth with a salesperson. This is where they want you.
The Dealership is where they can wear you down or confuse you with their very effective selling techniques such as "the 4-sguare", "going for a bump", "using leg", and many others.
Instead, you want to stay off their turf entirely by simply using the phone.
Call three or four Dealerships with similar vehicles and tell them you are buying a car in the next 48 hours. Also tell them the car you are interested in and that you are comparing final offers from four different Dealerships. Keep the call straightforward and short.
By doing this, the Dealers are forced to compete for your sale. Let them get back to you with their best "out-the-door" prices. If a Dealer's quote takes them out of the running, let them know you'll consider another offer from them.
Trust me, Dealers want your business. They're not going to want to lose the sale, particularly when they also know you are buying a similar vehicle somewhere else.
The last Dealer standing wins. Only then do you go to the Dealership to look at and drive the car, and to then do the paperwork if you are satisfied.
This technique also works even better during the last two or three days of the month. Often, Dealerships have monthly quotas and their last few days "make or break them".
By following this technique, you've been the one in control during the entire process.
Both Pete Lance & Joshua Rose are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Joshua Rose has sinced written about articles on various topics from Used Car, Computers and The Internet and Car Auctions. Joshua Rose is an Auto Broker who goes to Florida Car Auctions on behalf of car buyers. For information about Open-To-The-Public car auctions i. Joshua Rose's top article generates over 1000 views. Bookmark Joshua Rose to your Favourites.
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