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Selling Your Car - 3 Easy Steps
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1. Find out what your car is worth. Kelley Blue Book is one of the most
popular references
for automobile values. Check both the trade-in and retail values, as
this will help you make
a decision for step 3 below. If you are financing or leasing your
current vehicle, call your
lender to verify the payoff amount. Also consult your bank about any
special sale procedures.
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2. Prepare your vehicle for sale. First impressions are very important,
so clean the car thoroughly. Don't forget to cover all areas of the car
that the customer might check:
exterior, interior, trunk, storage compartments, under the hood, etc.
Consider fixing paint scratches and dents because these things will
devalue your vehicle
and it might cost you less to repair them than the difference in selling
price. Next, you will want to
make sure the car drives without any problems. Consult an auto mechanic
if you find any problems to see whether
or not it will be worth it to fix or if you should sell the car "as is".
Complete any scheduled maintenance
and collect all service records. Finally, check all the fluids and the
tire pressure.
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3. Trade-in or private sale? Now you have several options. If you need
to sell your car quickly,
you can show it to a used car manager in several local dealerhips that
deal in the same brand as your car. If you are planning to get another
vehicle from the
dealership, you can trade your current car or truck in. Both of these
options are very convenient
and take very little time and effort, but you will only get the trade-in
(wholesale) value for your vehicle or
less if demand is low for that specific model. The alternative is a
private sale. You could sell your car for more money with a private
sale, but will take a small advertising expense and some time and
effort. There are several ways to
advertise your vehicle: a "For Sale" sign on the car window, local
newspaper classified sections or
Internet car classifieds. Internet classifieds are very easy and quick
to setup and usually will run
for a much longer time than most newspaper classifieds. Often, they
generate as much or more traffic as a newspaper classified and you will
be reaching a much wider audience.
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