A lot of people trade in their vehicles to avoid the hassle of selling their car, but there are a few simple steps you can follow to avoid the stress of selling and get a great deal for your vehicle. The key is to determine the realistic price of your car before you set a price or negotiate the price with any potential buyers. Finding a price is as easy as opening your web browser.
There are plenty of websites that offer free evaluations on your used vehicles as long as you know relevant information regarding the make, model, year, engine, mileage, and transmission (among other things) of your vehicle. You can find most of this information in your owner’s manual or by taking the car to a mechanic. Once you gather the information, just plug it into the website and they will provide you with an accurate estimate. You will want to avoid classifieds in the newspaper or online unless you can authentically determine the condition of those vehicles up for sale.
Once you have determined your car value, you will need to understand the different value options you have at your disposal. There are three common values when it comes to vehicle prices –Trade-in, Private, and Retail. It is up to you to determine which relates to your needs. To help you reach that decision, we have provided some information on each:
Trade-in Value for Used Cars:
This is the price the dealer will pay you if you bring in your car towards the purchase of a new one. There is a chance that you will be paid less according to the Blue Book Value for your vehicle but you can consult NADA Blue Book or NADA Guide for the price estimates for NADA used car value.
Private Value for Used Cars:
This price is determined by individual buyers, and you can usually sell your vehicle pretty quickly if you list it at a price below this value. Chances are high that you will get a good price for your used car in private sales. Consider consulting NADA Blue Book or NADA Guide for NADA used car value.
Retail Value for Used Cars:
This is the price the dealership would use on the car lot when selling to a retail customer.
We all know that cars lose their value as soon as they leave the assembly line, but by following the tips above you will uncover the fairest price of your vehicle. When you accurately determine which value of your car is most relevant to the sale you are wishing to make, selling your vehicle will become a stress-free experience. To sell your car for free, visit www.automarket.com.au. With over 14 million hits per month, this website offers an outlet to reach numerous potential buyers at once.