Sell My Car Guru

Sell My Car-Define Your Price

The question comes up over and over again, “what is my used car value”? Simply put, the value is what a car buyer is willing to pay. The more complex answer revolves around finding that sweet spot that’s going to bring purchasers to your door and willing to buy. During these hard economic times people are not as readily looking to buy a car, at least not without knowing they are getting value for their purchase. Lots of car dealerships are doing special discounts and promotions in order to move cars, however if you are an individual seller you can still provide a better overall price.

Kelly Blue Book is one of the major leaders in defining the value of used cars, in fact that’s what many car dealers use as the de facto standard. For example, a 2003 Ford Focus in excellent condition will sell for around $4,400 from a private individual. The same vehicle from a car dealership in equal condition will run you $6,000. As you can see this is beneficial to both the buyer and seller. Just in case you are curious the trade in value is $2,800. So the buyer and seller both win by cutting out the dealership. Disclaimer: many dealerships will state that they run the car through an exhaustive set of tests and may even provide a car warranty for a given period of time. The question you need to ask is if it’s worth the difference in cost.

It becomes tougher to price your car when comparing apples to apples against another similar car. So take the time to do some research on your own after you visit Kelly Blue Book for information. Look online for the same make, model, year and accessories. Compare your mileage and car condition against those too. Weigh the pros and cons between comparable vehicles and be honest with yourself as you price it out. What you say and how you say it in an add to market your car can make all the difference in the world to someone looking to purchase.

Once you’ve looked at four or five comparable vehicles price yours higher or lower on an estimated value against the condition of the other car. Taking the prices you come up with and averaging them out is a great way to gauge the overall all car sell price.