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Friday, April 27, 2012

How to Buy-Sell Cars on Craigslist

The first step in this process is
to ensure that you can answer
any questions a buyer might
have. The most common
questions asked are: What is the mileage? What is the overall condition of
the interior? Exterior? Are there any known issues
that may need to be fixed? Do you have maintenance
records? After you have these pieces of
information, go to the website
kbb.com and find the PRIVATE
PARTY VALUE of your vehicle.
It will ask various questions
like the mileage, condition, accessories, etc. and give you
different categories and prices
for the car. Read closely the
description to make sure you
find out the correct pricing for
your car. After you know what your car
is worth, consider the least
amount you would sell your
car. When pricing your car,
you will want to advertise a
price significantly higher than this, because, keep in mind that
the seller will most likely want
to talk you down in price. For example, If I sell a car on
Craigslist and I want $2500 for
it, I wouldn't accept any less
than $2000, I would price the
car at slightly higher than the
Kelley Blue Book value. So the advertising price for this car
would be around $2700. Try
not to go too far above the
Kelley Blue Book value because
most people will search for
your car on that site to get an idea of what they should pay
for it. If you ask for slightly
more, it will make your car
seem like a reasonable deal.
The worst thing you can do is
create the idea that you are somehow trying to take
advantage of the buyer.

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