Your Second-hand Automobile - Finding The Right Buyer
Karl J. Simons
October 3, 2011
If you want to sell a second hand car, I am sure you would like to steer clear of any problems doing so. There's a course of action to be followed when selling a car, with a few items that have to be taken care of first of all. Clearly, you want to get the best offer for the car, and also protect yourself from the buyers who are not so nice. You must keep your wits about you, and remain calm, no matter the situation. Your ability to be unfazed in the face of provocation will certainly be tested. You'll also have to be patient, because second hand cars are not the fastest-selling items.
Patiently waiting for a decent price may be demanding, but don't let this make you snatch the first reasonable offer that comes along. You should know ahead of time how long you're prepared to wait for the right price, what that price is and what the lowest price is that you'll drop to, if necessary. It's quite likely that you will sell your car for less than you intended, unless you bide your time till the right buyer comes along. Naturally, the other thing that can happen is for you to have the car valued too high, and then not take a good offer when it comes around.
It might turn out that you end up selling the car for a lesser price than you were offered at an earlier time. You never plan that to occur. When you sell your used car you really should not conceal any information about the car. If there are any issues, no matter how minor, or major, you need to disclose everything to the potential buyers. You don't want to be found or deemed accountable for having sold the car under false pretenses, since this could have nasty consequences. You should not be seen as attempting to palm your car off on a trusting buyer.
Determine the price, and then exhibit a for sale sign, with the price and your telephone number, in the car. Displaying the price will cut out all enquiries from people who are not serious buyers, but just looking for bargains. With your price obviously displayed, buyers will know if they think it is reasonable and worth contacting you or not. The only individuals who will likely then call you will be those interested in a test drive or who want to find out if you are negotiable.
When folks see a sale price, they know that it is the highest price, so if they call they aren't shocked by the price. It's also wise to understand if somebody suggests paying you much less, that they aren't really after the car but want something - almost certainly anything - for a steal. It really is fun to sell a pre-owned car when someone buys it, and recognizes that they got a good deal, and are happy with their new used car.
Karl J Simons enjoys writing about personal finance topics, such as ways to save money, http://savemoneyeverymonth.org and ways to make extra money: http://savemoneyeverymonth.org/ways-to-make-extra-money
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