|
|
|
|
|
|
|
|
What Is My Car Worth? |
|
|
|
Written by Graeme Sprigge
|
|
The question you ask when selling your car is, 'How much is it worth?' Well this question is actually incomplete. You have to add three parts and you get three different answers. How much is it worth when I sell it to a: Dealer Private in....
What Is My Car Worth?
by: Graeme Sprigge
The question you ask when selling your car is, 'How much is it worth?' Well this question is actually incomplete. You have to add three parts and you get three different answers.
How much is it worth when I sell it to a:
Dealer
Private individual
Dealer as a trade-in
You can answer these 3 questions by going to online valuation web sites such as: Kelly's Blue Book in the United States or The Red Book in Australia. You can get these prices for free.
The other way to value your car is to see how much they are going for in the classifieds.
Neither one of these ways is entirely accurate for the following reasons.
Classifieds may have only one or two cars of your type and they could be overpriced or underpriced. The quality of your estimate depends on getting a good range. It's a good idea to check the prices over several weeks if you can.
Online Valuation services may have inaccuracies for particular models and should not be relied on exclusively, just because they seem to be the authorities. Their valuation is only as good as the data they have to go on. Since a large number of transactions bypass their data collection you can only consider it an estimate. It could be out by as much as $1000 easily.
Seasonal demands influence the prices of cars. Convertibles sell for higher prices in the summer time. These swings can exceed the ranges given in valuations.
There is one more factor that overides all the above. The final price you get is not it's worth. It's worth is it's value. A good, reliable car with no rust, that has been maintained can be sold for more money. It is worth more than a newer car that has been poorly maintained. If you have such a car then you absolutely can sell it for a good price because you are giving value for money.
Graeme Sprigge
www.90minutecarsalesman.com
About The Author
Graeme Sprigge is the author of The 90 Minute Carsalesman and lives in Sydney, Australia. His professional background is residentential direct sales in the telecommunications and energy sectors. He now writes books and buys and sells cars for profit. He is currently working on developing joint venture partnerships with related businesses.
This article may be shared or reprinted so long as it is left intact.
Copyright 2005 Graeme Sprigge - All rights reserved
www.90minutecarsalesman.com
This article was posted on February 07, 2005
|
|
Random News |
- Low Speed Impact "Injury" Facts
Low Speed impacts are those that take pace at speeds under 10 MPH. There’s often little (if any) visible Property Damage done to the rear of ones motor vehicle. However, those who are struck (especially in the rear) often have injuries, especially....
Read more
- Selling Effectively on Ebay Motors
Remember back when selling online was a new experience? Dealers tried everything to sell their vehicles online. Today’s market has expanded to include several hot online marketplaces but there is the largest online marketplace, Ebay. Ebay has e....
Read more
- Effective Online Car Sales on Ebay Motors
Remember back when selling online was a new experience? Dealers tried everything to sell their vehicles online. Today’s market has expanded to include several hot online marketplaces. The largest online marketplace is Ebay. Ebay has evolved in....
Read more
- FAQ on Modifying the Toyota Supra
What does BPU™ stand for? (BPU™ is a trademark of SupraStore.com)Basic Performance Upgrades. These modifications are: A full length three inch down-pipe (with or with-out high flow cats), 3” (75mm) or bigger cat-back exhaust system, raised boost....
Read more
|
|
