How To Price a Used Car
Used car values differ based on several criteria, which make selecting the proper price challenging. When purchasing a used car the consumer wants to get the best amount available. This is why it is crucial to price the vehicle allowing for some negotiating room. Selling your used car can be simple by selecting the proper price.
- Collect the following information about the vehicle prior to researching the value: year of the car, mileage, make, model, repair history, and current condition.
- Visit the Kelley Blue Book website and enter the information collected. It is important to enter accurate information about the car so the value estimate is specific.
- Browse through the local newspaper to see other similar vehicles pricing.
- Browse the internet for pricing on similar cars. Some websites to search are Carmax, AutoTrader, and Cars.
- Select the price based on your research adding one to two hundred dollars for negotiating room. Rarely will you receive an offer that is equal to the actual value of the car because used car shoppers are looking to buy a less expensive car.