IFA?s Used Car Market Series #5: Where To Sell A Used Car
It has become increasingly more common for policyholders of cheap auto insurance onlineto save money in multiple ways.? Besides selecting low-cost insurance companies in NJ, MD and PA for insurance savings, when it?s time to get rid of an older vehicle, many people are selling cars privately instead of trading them in for a newer model.? Selling a used car on your own can even be a great way to earn extra cash if you?ve already bought a new one.? And nearly always, you can sell a used vehicle for more than what a dealer would typically offer as a trade-in.
Selling Outlets and Options?
Not that long ago people posted ?for sale? signs on a side window while driving their vehicle around town.? Sometimes, people have even displayed their used car for sale at a high-traffic area or near an intersection.? This method remains a great way to sell a used car, although it may have less audience, depending on which city you live in.? In addition, there are other ways to reach a large car-buying audience, the most notable being the internet.? After all, individuals who have bought cheap auto insurance online are already internet savvy and listing your car for sale online can reach thousands of potential buyers.
Commonly Used Online Sources?
- Craigslist: From castles to cars, people are buying and selling an enormous amount of items on Craigslist.? They receive, at minimum, 40 million hits a month, with some areas having a massive amount of online traffic.? Consequently, Craigslist is an excellent place to post a used car for sale and it is free.? All you have to do is establish an account, list your car, including pictures, and post it.? Backpage.com is another excellent online source for used car sellers, though there may be others in your community as well.
- eBay Motors:? eBay Motors is another great place to sell your used vehicle.? By posting your car at this auction site, you can reach a nationwide buying audience, even a global one.? It is particularly beneficial if you have a rare or vintage automobile to sell.? When you use eBay?s reserve option, you control the price limit that guarantees you won?t lose money.? Even paying a listing fee and a profit percentage to eBay, they remain an ideal outlet when selling a used car.
- Auto Trader: This site is dedicated to buying and selling all things automotive, specifically cars and trucks.? Similar to eBay, sellers will have to pay a small listing fee.? Unlike eBay, however, you will not have to pay Auto Trader a percentage of profits earned from the sale of the car.
- Your Local Paper:? Listing your car for sale both in the print version and online version of your local paper is another excellent source for selling your used vehicle.? Each publication determines fees for sellers, though they are usually quite modest.
Source: http://blogs.ifaauto.com/index.php/ifas-used-car-market-series-5-where-to-sell-a-used-car/
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