How
to Get More for Your
Car by Selling It Your self
1. Introduction
Okay, so you've decided to sell your car privately rather
than trade it in or sell it to a used-car wholesaler. With
that decision you find yourself with certain advantages and
certain disadvantages of which you should be aware.
The Disadvantages
In short: the time, the effort, and possibly some hassle.
-
You
have to deal with the "lookers," the "tire
kickers," and all manner of other potential buyers
on a one-to-one basis.
-
You
have to endure phone calls.
-
You
have to be sure that you're paid in cash, certified
check, or bank check.
-
You
must be aware of your personal liabilities as the seller
and protect yourself from any future recourse by the
buyer.
The
Advantages
Basically: potentially more money for your car.
-
You stand to make more on the sale of your car to a
private party than you will trading it in or selling
it outright to a car lot or wholesaler.
-
There
is no middleman.
-
You
can price your car under the going dealership prices
and still
make money because you don't have to deal with overhead
or commissions.
The bottom line, then, is that while it takes more effort
and time, by selling the car yourself you create the opportunity
to make more money.
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