That is how you come to know about the transmission. The first one is the mileage. Follow MoneyCrashers. Make Money Explore. You need to diversify your investment. Kira Botkin Kira is a longtime blogger and serial entrepreneur who enjoys gardening, garage sales, and finding stray animals. With internet sales, you can tap into a worldwide market.
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In the past few years, I have also offloaded some cars on the free site. The process is simple, but you do have to understand the laws of your particular state. I would continue to buy and sell cars, but after craigskist certain number, I would need to get a dealer license. Crsigslist am not interested in making this a business, but I do like the freedom of selling my vehicle on my own and reaping the reward all cash baby! The best part is there are no fees to list the car and no commissions to pay, unlike eBay Motors.
8 Steps to Selling a Car on Craigslist
My wife and I are selling one of our cars so we can buy a family car. Once we decided we needed to sell our car we looked at our options. Basically you can place it on Craigslist free , newspaper classifieds nominal fee , park it in a public area free , or put it on Ebay most expensive option. We decided to give Craigslist a shot because we know several people who have had luck going that route and it is a free option. Craigslist is an online classifieds site where it is free and easy way to post items for sale, items you want to purchase, help wanted, etc. Here are sine tips to help you sell your car or anything else on Craigslist.
Minimum Cash You Need to Start for Car Flipping Business
My wife and I are selling one of our cars so we can buy a family car. Once we decided we needed to sell our car we looked at our options. Basically you can place it on Craigslist freenewspaper classifieds nominal feepark it in a public area freeor put it on Ebay most expensive option. We decided to give Craigslist a shot because we know several people who have had luck going that route and it is a free option. Craigslist is an online classifieds site where it make money selling cars on craigslist free and easy way to post items for sale, items you want to purchase, help wanted.
Here are sine tips to help you sell your car or anything else on Craigslist. Determine Pricing. KBB lists average prices for different vehicle makes and models, as well as prices for trade-ins, private sales, and suggested retail value dealership prices. NADA gives price ranges for trade-ins.
Remember when pricing your car to take other factors into consideration such as condition, mileage, vehicle popularity, how much you owe. Be willing to negotiate. Once you have a prospective buyer, you will probably need to negotiate the price. Be willing to bend on your price a little if necessary. If you are not willing to drop your price, be sure to state that in your ad copy and be firm but polite when negotiating. There should never be any pressure to make a sale or to buy.
Create solid ad copy. Be descriptive. Include photos. You will receive more responses to your ad if you include photos. Prospective buyers can click the link and see multiple hi res photos of your car. Make yourself available. Be sure to make yourself available so potential buyers can take a look at your car or take it for a test drive. The same thing goes for e-mail or phone — be sure to check your e-mail and have your phone turned on. Make the car available. Another way to get people to see your car is to park it in a public location and leave that information in your ad.
Some people park their car in their driveway or outside their home. If you are uncomfortable giving your address out to strangers, consider parking your car at another location. Note about privacy on Craigslist: Craigslist will not display your e-mail if you do not wish them to do so, so you can receive e-mails through their autoforwarding tool; this is a great security feature.
Likewise, many people prefer not to leave their phone number for privacy reasons. Go with your gut on this one and do what you are comfortable doing.
There are thousands of scams out there, and Craigslist seems to attract a lot of them not through the fault make money selling cars on craigslist Cragslist, mind you; just the nature of their service. Craigslist has a great section on avoiding scams. The short of it is this: Only sell locally, or to someone you know if they are not local.
Finally, if the deal smells bad, just walk away. We actually took the plunge and sold our car on Cragslist. We posted the car late on a Saturday night and received multiple e-mails and phone calls over the next couple days. The eventual buyer drove it on Monday evening and called the next day to say he would buy it. Overall we negotiated a fair deal — only a couple hundred less than our asking price. The key to this deal was the willingness of both parties to reach a fair deal.
We met halfway for the test drive 20 minute for both of us and my wife and I drove about 40 minutes to his bank so we could sign over the title to them and get a check made out to us.
Do you have tips or any experience with selling your car on Craigslist or other online services? Ryan Guina is the founder and editor of Cash Money Life. He is a writer, small business owner, and entrepreneur. Ryan started Cash Money Life in after separating from active duty military service and has been writing about financial, small business, and military benefits topics since.
He also writes about military money topics and military and veterans benefits at The Military Wallet. Ryan uses Personal Capital to track and manage his finances. Personal Capital is a free software program that allows him to track his net worth, balance his investment portfolio, track his income and expenses, and much. You can open a free account. I have sold a lot of items on Craigslist but never a car or truck.
However, I did try and sell my truck once and did not have much luck. I did get a few people by to test drive. Even though I was not successful, I still prefer Craigslist to Ebay, mostly because of the fees. I would suggest that route. Hopefully we will sell it soon. Do you think I should try to sell something small before I try to sell my car on it?
Great post! I would add that you might want to meet the prospective buyer in a busy public place and not at your home. Safety first! It always makes me nervous to think about making large transactions through Craigslist. It seems like everything worked out fine for you. Did you select the buy purely based on the offer price? Or were there some other metrics that you used to help narrow the field.
My sister and brother-in-law actually bought their minivan from Craigslist and found out that it was a man that was from their company. They were very sketchy about the whole thing but it turned out to be such an amazing mini and they love it and have no complaints.
Probably not. In fact, every other guide even disagrees with NADA on trade-in value! A friend told me NADA is used to basically inflate values for bank loans and the dealers use it for same reason. I sold a car on CL in 12 days. It was a lot easier than I thought it would be to sell this vehicle. Most sellers on Craigslist are out of their minds. I sold it to the second party who contacted me! The majority of cars for sale on CL are still for sale month after month.
And the sellers think their asking price is correct? How is that even possible? This article is dead on correct. If you want to sell the car look at KBB and then look at Edmunds.
Kelly is usually much higher. Be realistic about the condition and then average the two. Favor toward Kelly median price. For all the complaints about lowballers on CL, the real problem is The Sellers.
If you are realistic about everything you will not have time to get lowballed. Your vehicle will sell. Go the other way and be prepared to sit on the vehicle for months, deal with idiots, pay for ads and in the end lower your price to where it should have been to begin. Your email address will not be published. Disclaimer: The content on this site is for informational and entertainment purposes only and is not professional financial advice.
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Editorial Disclosure: This content is not provided or commissioned by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program. Skip to main content Skip to primary sidebar Skip to footer. Search This Site. How to Sell Your Car on Craigslist Craigslist is an online classifieds site where it is free and easy way to post items for sale, items you want to purchase, help wanted. List a sale price, but be willing to negotiate Determine Pricing. Enter you name and email address to join our mailing list.
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My Experience with Selling a Car on Craigslist
Other sources of flipping cars include ads in traditional newspaper classified sections, «For sale» ads posted around town, and cars with «For sale» signs parked in neighborhoods. Always remember your profit lies in establishing srlling baseline. Please enter your comment! Srlling on the brakes hard. Clean the car mak inside and. Advertiser Disclosure X Advertiser Disclosure: The credit card and banking offers that appear on this site are from sellinf card companies and banks from which MoneyCrashers. Plus if you are buying and selling for profit and your personal insurance finds out, they may walk away from any make money selling cars on craigslist if you need to make one. This statement will definitely take some pressure off! When it’s ready, your next steps are pricing, listing, and selling your car. Business owners with a shop located on a busy highway are willing to rent lot spaces to sellers like you. Become a Money Crasher! Looking Under the Hood A key to a flip car’s value is what it looks like under the hood. Basically, here you buy a website for a lower price then add some value to it and finally sell it at 8 to 10 times higher than the buying price.
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