The most difficult part of selling a car is determining the sale price. So you should never ask too much to discourage buyers from asking about the car; On the other hand, you should never ask too low and make buyers wonder about potential problems the car may have. The key factor here is to be wise and test the waters of your local market. For what it’s worth, it might help to know that the most common reason for delays in selling a car is price gouging.
The first thing to do is research the amount dealers are asking for a car like yours. I am in no way suggesting that you should order an equal amount; rather, you should order at least 15 percent less than the dealer is asking. Your next safe bet is to look at your local used car listing and get an idea of the prices, try to get an average amount. Now that you’ve priced according to the market, turn to the experts at the blue book for an accurate appraisal of your car. Look up the private party value in the blue book. Remember to mention the price in your ad, as it is a good selling point.
The final step is to write an ad that will sell the car, be honest, provide a detailed evaluation, and discuss any issues the car may have. You must also be willing to compensate the buyer for the approximate value of the repairs. Don’t deduct it from the original sales price, rather talk between the lines. Last but not least, if you want to receive a lot of calls, mention that you will accept the best offer; otherwise, if you are only looking for serious buyers, say non-negotiable. For more information on how to sell your car, check out the car sales checklist
