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The Best Places to Sell a Car

By: Garry Crystal - Updated: 25 Oct 2010 | comments*Discuss
 
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Every seller wants to achieve the best price for their vehicle and there is no shortage of places to sell cars. But achieving a good if not excellent sales price does mean choosing the right sales venue.

The Easiest Way to Sell a Car

Sticking a ‘for sale’ sign in a car window is probably one of the easiest ways to sell a car. This method does cut down on advertising costs but will not reach a huge customer base. Driving the car around town will attract potential buyers but it could take a long time before that perfect buyer strolls by. There is a huge number of sales venues available for car sellers and many are free to use. It’s not uncommon for car buyers to travel hundreds of miles if they spot the right car on an internet website, and this is to the seller’s advantage.

Diversify Car Sales Advertisement Venues

It makes sense to advertise a car for sale in as many places as possible. There is nothing to stop sellers from placing advertisements in auto trade magazines, internet auction sites and free to use social networking sites. Many sellers are worried they will not get the price they want by placing a car for sale on an internet auction site such as ebay. But sellers can place a reserve price on their car for sale. This means if the reserve price is not reached the car will not be sold.

Paying for Car Advertisements

Car advertisement magazines and weekly newspapers will charge sellers to place their sales adverts. This could be as much as £40.00 plus for around six weeks. But car magazines and weekly newspapers such as Auto Trader do have a huge target audience and are allegedly one of the quickest ways to sell a car. Dedicated newspapers for buying and selling cars often have local editions that will narrow the search for buyers. Auto Trader does run a car magazine for the London area that is free to advertise in.

Selling a Car on Internet Auction Sites

Thousands of sellers use internet auction sites such as ebay to sell their vehicles. Ebay does charge a fee if cars are sold on the site but it does have a huge target audience. Car sellers who have a way with words can make their advertisements more enticing to customers, and placing as many photographs as possible may help with sales. Internet auction sites do however attract time wasters. One way of ensuring that a bidder is genuine is to request a deposit within 24 hours of the auction end.

Sell on Free To Use Internet Sites

The great thing about free to use internet sites is that sellers can place an advertisement as many times as they wish if the vehicle is not sold. Free to use sites such as Gumtree have dedicated local editions with sections solely for car sales. Sellers can place as many words as they wish in their descriptions and photographs are also free to upload. Free to use internet sales sites have become one of the most popular places to sell cars simply because they will not cost a penny. Again, time wasters can be a problem but this will cost time not money.

Using Social Networking Sites to Sell Cars

Social networking sites such as Facebook are another great free to use option when selling cars. Many towns and cities have their own ‘goods for free or sale’ pages where cars can be advertised. These pages are a recent growing trend on social networking sites and are free to use. Sellers should remember not to hide information such as high mileage; buyers will notice when they turn up and may request a price reduction. Advertising on as many free internet sites as possible should provide results in the long run.

Tips to Remember When Selling a Car

There are a few points to remember when selling a car regardless of the sales venue. These points should include:

  • Always be realistic with the sales price; a high price will just prolong the sales process
  • Check the Glass used car guide to find the sales price for similar cars
  • Consider lowering the car price if factors such as insurance policies are due to be renewed
  • Always set a reserve price on internet auctions
  • Always keep service history records; these can add hundreds of pounds to the value of a car
  • Always know the car’s worth; prestige and classic sports cars are always in demand and should reach a good price

Whichever sales venue a seller ends up using they should be wary of car dealers looking to hammer down prices. Car dealers are notorious for pressurising sellers into parting with cars for very low prices; don’t fall for the high pressure sales tactics.

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