Donate SIGN UP

Selling

Avatar Image
Redheadthere | 21:18 Sat 12th Nov 2011 | Cars
11 Answers
I want to sell my car which is 9 yrs old and in vgc but the "book price" is way below what I think it`s worth. I haven`t advertised it yet. What are my chances?
Gravatar

Answers

1 to 11 of 11rss feed

Best Answer

No best answer has yet been selected by Redheadthere. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Most people willo check the book price before they come, so probably difficult.
Anything is only 'worth' what someone will pay for it......

Ask what you would like but be prepared to revise downwards.
Stick it in Gumtree for whatever price you think it's worth and see if you get any responses - it's free, so you have nothing to lose.
Have a look on auto trader and see what similar cars are asking, but don't forget you are a private trader and therefore can't ask as much as a garage who will be offering warranty. Ultimately it is the buyer who determines the price.
-- answer removed --
Just a tip Red as I've sold a few, inside, make sure its clean ( Do you smoke/) wash/polish outside, there is a product for the tyres called Tyre Sheen this shines up the tyres, is the car Taxed / tested? the longer these are in force the better the sale, history? does the cars book show its history? how many owners? do not hand the cars keys over until you have the CASH, if its a cheque keep the car until its clear, do not let the person take the car out for a run on their own or without insurance. if the car is clean as you say it will sell, what make is it?
"...the book price is way below what I think it is worth".

The problem is what you think it is worth and what its actually appear to be quite different - people often have an unrealisitc view of the value of their car.

Unless the car is pristine, I'd do what others have said and see what your make, model and derivative are selling for on Autotraderand eBay.
what ever price you except just make sure you get a home address from them and fill in the same details on the log book and send your half to the DVLA you could be stung if it's still in your name and they fill up with fuel and drive off
Very many years ago I sold a Ford Cortina. A very common car. Mine was very nice. Better than average but needed a couple of tyres.

I advertised it at a cheekily high price. The buyer said he was attracted by the high price because all the others he had seen were rubbish!.

It sold easily at my asking price. So yes go for it if it is better than average. Having said that cars last longer these days and dont get as tatty as Cortinas did!
Sorry Redhead but many people think their car is worth far more than it really is. As Jackthehat says, a car is only worth what someone else is prepared to pay for it. You can double or triple the book price if you think the car is worth more than that - but you'll probably still have the car in four months' time. After all, it's a buyer's market and if a buyer sees your car priced much above similar. more realistically priced cars you won't even get a phone call.

For retail, cars are generally divided into three catagories - A,B and C. 'A' is showroom condition, 'B' is for used but in good condition and 'C' is for used and in poor condition. I'm guessing that your car would be classed as 'B' condition - unless it's immaculate showroom condition (A) or tatty (C). So look around at similar catagory B cars and you should get a good idea of what you can expect for yours.

Good luck.
unless it's a classic you could say that the book price will be a very good guide.
Go onto Auto trader and you will get a guide if you look for your year and model in the cars for sale, this will verify the book pricing as this is the real market place , good luck. :)

1 to 11 of 11rss feed

Do you know the answer?

Selling

Answer Question >>