How To: Sell A Used Car On Long Island
How To: Sell Used Car Queens, NY 631-226-2277
In today’s Long Island area Used Car Market, it is more important than ever, to Get Your Used Car Priced To Sell, at its current market value!
Nowadays with most of us, being very careful with how they are spending their money, and with the over flux of Used Cars, and the demand for information, Ala CarFax, AutoCheck etc. Consumers shopping for Quality Used Vehicles, are being consumed and confused, with information and options. With valuation tools, that are over inflated, as they are there to serve, the Used Car Industry (Car Dealers), to drive sales, by overstating vehicle values…. Ala Kelley Blue Book, Edmunds, etc…
As a Professional Car Buyer at Cash For Cars Long Island, The first thing customer states, is Kelly Blue Book, said my vehicle is worth ???? whatever the number was.. My response is always the same, Well. Mr./Mrs. Customer, let’s think about this, If you were in the market for a Used Car, and came along the car you’ are looking to Sell, would you pay the amount Mr. Kelley said it was worth??? With a baffled look the response is usually NO.. And that’s because the value has been absolutely overstated, as most people are unaware, those valuation sites, are actually advertising sites, to steer consumers into Dealerships across the Country, for High Paying Advertisers (Car Dealerships). If these valuation sites, are so sure of a vehicles value, why can I not seem to find the Send Me A Check button!!!! because it doesn’t exist!!! I Looked!!
So the next question, is How do I find out what my vehicle is worth?
Answer: Comparable Sales Data
Well that seems to be the big question, and the answer is the same, for anything your looking to Buy Or Sell, You will have to price compare, for vehicles that are like and kind… Apple For An Apple!! Below are a couple of sites to check.
- Autotrader
- Cars.com
- Craigslist
- Ebay Motors tip, check for completed listings!! – As live listings only show perceived Used Car Value & Completed Listing show examples of what someone was willing to actually pay for that Used Car!
Now keeping, mileage, condition, drive-ability and repairs that might need to be done, an industry standard of 10-15% negotiation room, you are left with what your vehicle is worth in today’s market!!
Now for the Fun, Or Not So Fun Part:
- Prepping…ie, mechanical prep, possible body repairs, and final detailing, refinishing.
- Advertising…ie, paying to get the word out to consumers, that the vehicle is for sale.
- Fielding a ton of phone calls from perspective buyers.
- Meeting with buyers, providing a carfax or such.
- Dealing with: Can you bring this to my mechanic, does it come with a warranty??
- Going On Test Drives, Not Fun, most people , really can’t drive to well, be prepared, to close your eyes and Hang – On!!
- Negotiating: hearing can you take, thousands off the price?? I Have All Cash!! — my thought usually is, well I didn’t think you were paying with Gold Bullion!!! WTF.
- Preparing the final paperwork, correctly transferring ownership to the new buyer, So, the *NICE people at the D.M.V. accepts them!!!
Wow, that sounds like a month of hell!! if this doesn’t sound Fun for you!!! and it probably doesn’t, I know, I do this everyday!!! than you have just arrived at the right place at the right time, because at Cash For Cars Long Island, we specialize in paying would be Car Seller’s Top dollar for there car!! With a simple phone call, or use our QuickQuote form submission, you can get a Honest, Fair Price for that vehicle, and sell it in, 10 Minutes or Less!!! We look forward, to meeting with you and buying your vehicle. 🙂