Category Archives: selling

Used Car Prices – Pricing and Negotiating

How to Find Used Car Prices and Negotiate Best Deals

how to negotiate car dealsBuyers and sellers of used cars often wonder how prices and values are determined. How are values of used cars set? Who sets values? Are the values reliable?

If you are a buyer, is the seller’s asking price being fair? Are you paying too much? Can you talk the seller down on his price? What price should you offer without being unreasonable? What if the seller doesn’t accept your price?

If you are a seller, how much should you ask for your car? How do you determine used car values? What is a fair price to ask? Should you set a higher asking price to allow room for negotiation?

These are all common questions. Let’s try to answer them here.

Used car prices are not an exact science

We all know that a brand new car’s value begins to depreciate as soon as it’s driven off the dealer’s lot, often as much as 20% of MSRP (Manufacturers Suggested Retail Price – sticker price).

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How to Sell a Used Car – Explained

What is the best and fastest way to sell a car?

how to sell used carIf you are selling a used car you should take the necessary steps that will allow you sell at the highest possible price while avoiding issues with buyers and paperwork.

We take you through the process so that your efforts will be successful and you’ll avoid common problems.

Prepare your car for sale

Used car dealers know that if they clean up their vehicles inside and out, they can sell for higher prices. You can use the same technique when selling your own car.

You may find that you can easily recover the cost of replacing worn tires, for example, and make your car sell faster. You should touch up paint scratches. Repair windshield dings. Pull out small dents. Balance the tires. Get a tune-up and oil change.

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Car Scam – Car Buyer Scam

Don’t get scammed by fake car buyers

Attention car sellers:

car buyer scam tricks sellersA common scam by phony used-car buyers can leave you with you with an empty bank account or PayPal account — or a large credit card balance.

The newest version of this scam: The “buyer” offers to buy your car sight unseen at your full asking price, or more, and wants your bank account number or PayPal email to send you money for your car. They have an excuse for not being able to talk to you any way but by email — no telephone.

Sounds safe enough, but a “problem” develops (so says the scammer) with your bank or PayPal “not releasing the funds”. You are instructed to go to a FAKE PayPal, eBay, or bank web site that looks legitimate but in fact asks you for your account info, including password. If you do it, your account will soon be cleaned out — and you still have your car.

Another version of this scam instructs the innocent buyer to send money via Western Union to a “shipping agent” in a foreign country. The scammer promises to reimburse you the money in the “PayPal” deposit to your account.

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