Sell My Car-Closing the Deal
May 12, 2009 – 4:03 amAlmost always you will find yourself in a position where the buyer will want to negotiate the price; rarely will they hand over payment for the total asking price. You will want to consider before had what you are willing to take, bottom line if offered. However, if an offer comes in below your minimum threshold don’t be afraid to counteroffer. For that matter, don’t be afraid to negotiate any offer at all. After all, your objective is to get the most money for your vehicle. If the offer is slightly lower than your minimum price you may want to consider what you lose in time and effort before turning that offer down.

Cash is king. Remember, that paying cash is always the preferred method and for many the only method by which a person to person transaction can take place. However, you must decide whether to take a personal check, cash only, cashier’s check or even a PayPal payment. If at all possible specify method of payment in your add so people are aware of it prior to looking at the car. If you state cash many times people will bring it with them and if they love your car they may purchase it on the spot and it even causes them to negotiate from a point of weakness. Cash on hand will also stop any potential anxiety you may have when the person goes to get money and you wonder if you will ever see them again.
Occasionally a buyer may ask about a warranty, unless you want to do this out of the goodness of your heart you should say no. It has nothing to do with selling them a bad product; however you can’t foresee any potential issues the car may have. Make sure they clearly understand that the car is sold “as is”.
Remember that in most states you have some obligation to the Department of Motor Vehicles for taxes and change of ownership. It’s best to have a clear understanding of this prior to selling the car so you can make the transition smooth for both you and the buyer.
Last, congratulations on completing the process of preparing for the sale to closing out the process, it’s one where you should have a great sense of accomplishment.
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