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How
to Sell Your Car Online
Selling
your car privately is the most profitable way to go when it
comes to getting rid of a used vehicle. Generally, individuals
selling a vehicle themselves will make much more money than
if they traded the car in at the dealership.
The factor
that most differentiates trading-in from selling privately
is the amount of work involved. First, you must research the
value of your used car online and in local publications to
determine the wholesale and retail market price of the vehicle,
as the final selling price will likely fall somewhere in between.
To determine
what your car is worth, you can visit several online resources
that offer information that in the past was unavailable to
consumers. The arrival of the Internet has signaled the end
of that silent era. You can now log onto numerous web sites
that, for the first time, provide the public with insider
information on the automobile industry.
Among the reputable
sites are iMotors.com
 ,
Autobytel ,
Stoneage.com,
MassCars
and iMotors.com
.
A visit to online car buying guides involves some degree of
work, especially for used cars due to the unique criteria
each vehicle has in terms of equipment, condition, mileage,
engine, and model year. These guides can easily provide you
with both the trade-in value (wholesale price) and market
value (retail price) of a used car.
A professional
appraiser can also be hired to set a value to augment this
research. The car must then be cleaned up inside and out,
and some repairs might have to be done in order to get it
running properly or to avoid liability in the future. Ads
should be taken out either in local newspapers, at online
services, other local used car publications or a combination
of these resources. Online advertising is a terrific idea,
asit is highly accessible by greater volumes of people, and
often more information and photos of the vehicle can be supplied
than what is available to buyers in classified ads. A budget
should be set for this, taking into consideration the profit
you want to make on the vehicle and how urgent it is to sell
it within a specific time period. Managing a private sale
involves spending a lot of time on the phone, receiving voicemail
and e-mail, and scheduling appointments for test-drives with
potential buyers. When the car is sold, you must carry out
a transfer of title and registration and cancel their insurance
on the car.
Another option
to selling privately...
An intermediate
solution to selling privately is the consignment sale. Some
dealerships may offer to sell a used vehicle on behalf of
a customer for a service fee or a specified percentage of
the final selling price. If you can locate a dealership that
will do this, you stand to make more money than if you had
traded the vehicle in, but you avoid the extra work associated
with a private sale. It should be noted, though, that usually
the only dealerships that will take a vehicle on consignment
are luxury car dealerships.
Consider what
it takes to get the most for your trade-in at a dealership,
and the end result is that selling it your self usually lands
a better price for your car. If a dealer is willing to pay
you $5,000 for example, you may get $7,000 to $8,000 by selling
privately. This is the only true advantage of selling it yourself
and you have to admit it is a good one. If this is the way
you are leaning, consider selling it online. You will get
wider exposure than the local papers have to offer.
There are many good web sites that you can list your car on.
They all offer excellent exposure for selling your car online.
Some of these services are free and others charge a small
fee. Below is a description of each and how they work:
Used
Car Resources for selling Your Car Online
Note:
The descriptions below provide an overview of the benefits
of listing your car for sale. These web sites are also good
for locating top quality used cars to buy as well.
Stoneage
A good place to place an ad is at Stoneage.com. They can provide
you with maximum exposure online!
How there program works:
- A listing in
one of the world's largest databases
- (499,728 vehicles)
for only $19.95, until your car is sold!
- No deadlines
- No renewal
dates to worry about
- No limitation
on words
- No extra word
charges
- FREE picture
uploads
- Update or Cancel
anytime
- Searchable
Increase the value of your car by including all the pertinent
features
Your listing is automatically uploaded and included in the
following sites:
Yahoo! Classifieds, Ameritech YellowPages.net, CarTrackers,
ClassFind Network, UsedCars.com, Stoneage.com.
Autoweb
Sell your vehicle fast through AutoWeb
- Reach over
3 million potential car buyers a month
- Highest traffic
of any online car-buying site, according to Neilsen/NetRatings*
- As an added
benefit, your Autoweb.com classified listing is also displayed
in Yahoo! and Lycos classifieds
- Money back
guarantee for 30 days see details
- Only (US) $19.95
for 30 days
Autoweb
guarantees that you will receive leads from interested parties.
If you do not receive any leads during the 30-day period,
you can contact us up to 7 days after your ad's expiration
date for a refund or an extension for an additional 30 days.
Autobytel
Car Seller's Resource Center
Autobytel classified advertisements
Register or Log
on for your car with Autobytel classifieds and you can post
your vehicle for sale immediately. Best of all its only $6.95!
When posting your vehicle you can provide the potential buyer
with a detailed description and even upload a picture of your
vehicle to increase your chances of a quick sale. Potential
buyers will browse through AutoBytel classifieds and send
you an e-mail if they are interested in your vehicle. Autobytel
classifieds is the no hassle fast way to sell your vehicle.
Want a
price quote on this vehicle? Get
a Quote
Get a Free New Car Price Quote from a dealer in your
area. It's easy & the free price quotes get emailed
directly to you. Don't get ripped off - get informed.
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