Home | List of Articles | Submit an Article | Contact Us

Selling Your Car - What Is My Car Worth?

The first question you must ask when selling your car is, 'How much is my car worth?' Well, this question is actually incomplete. You really need to ask three questions and you get three different answers....

The questions you must get answered depend on where you want to sell it. They are:

How much is it worth when I sell it to a:

1. Dealer?

2. Private individual?

3. Dealer as a trade-in?

There is one more place you can sell your car but I would not recommend it unless it is has major problems, and that is an auction.

You can answer these 3 questions by going to online valuation web sites such as: Kelley Blue Book in the United States or The Red Book in Australia. You can get these prices for free.

The other way to value your car is to see how much they are going for in the classifieds.

Neither one of these ways is entirely accurate for the following reasons.

1. Classifieds may have only one or two cars of your type and they could be overpriced or underpriced. The quality of your estimate depends on getting a good range. It's a good idea to check the prices over several weeks if you can.

2. Online Valuation services may have inaccuracies for particular models and should not be relied on exclusively, just because they seem to be the authorities. Their valuation is only as good as the data they have to go on. Since a large number of transactions bypass their data collection you can only consider it an estimate. It could be out by as much as $1000 easily.

3. Seasonal demands influence the prices of cars. Convertibles sell for higher prices in the summer time. These swings can exceed the ranges given in valuations.

There is one more factor that overides all the above. The final price you get is not it's worth. It's worth is it's value. A good, reliable car with no rust, that has been maintained can be sold for more money. It is worth more than a newer car that has been poorly maintained. If you have such a car then you absolutely can sell it for a good price because you are giving value for money.

For more articles on selling your car you can visit. http://www.sellmycarforcash.com

About The Author

Graeme Sprigge http://www.90minutecarsalesman.com

Graeme Sprigge is the author of The 90 Minute Carsalesman and lives in Sydney, Australia. His professional background is residentential direct sales in the telecommunications and energy sectors. He now writes books and buys and sells cars for profit. He is currently working on developing joint venture partnerships with related businesses.

He is currently working on another automotive book in which he reveals tested areas for earning money from automobiles. For pre-orders you can contact him via The 90 Minute Car Salesman site. No details can be revealed at this stage, you would simply be registering an expression of interest.

Related Articles:

Your Cars Electrical System - When the automotive industry was in its infancy, it used electricity only to ignite the fuel inside the engine. By the late 1920's, the electric starter replaced the hand crank, electric headlights made acetylene lamps obsolete and the braying of the electric horn drowned out the squeak of the hand-squeezed air horn. Today, an automobile requires a ...

15 Ways to lower your car insurance quote - 15 Ways to lower your car insurance quote 1.Shop around The difference in price between various companies can be significant. What one company may consider a high risk factor another company may not view as so important. Insurance companies arrive at a price for your car insurance by adding ...

15 Ways To Lower Your Car Insurance - 1.Shop around The difference in price between various companies can be significant. What one company may consider a high risk factor another company may not view as so important. Insurance companies arrive at a price for your Car Insurance by adding or discounting money after ea ...

Negotiating to Buy a New Car the Easy Way - Do you hate the thought of buying a new car because of the struggle you have to go through negotiating with the dealership? Relax. Negotiating to buy a new car is easy. Sure their sales people receive negotiation training, but you have the upper hand. Why? Because you can easily find out everything that they want to keep hidden. Information is t ...

Sell Without Feeling Like A Used Car Salesman - Sell Without Feeling Like A Used Car Salesman By Julie Chance Many business owners and professionals are appalled at the thought of having to sell their products or services. If you are going to be successful though, regardless of your profession, you are also going to be in the business of selling. But you don’t have to don a plaid j ...

Think Your Car is Safe from Thieves? Think Again - (ARA) - Every time you park your car, you're taking a risk. Just ask David J. of Stanford, Conn., whose 1998 high-performance Acura Integra Type R was stolen right under his nose just one month after he installed a top-of-the-line security system for $1,500. Mother's Day is a long-held tradition of revering the woman who gives the gift of lif ...

For a Complete list of Articles with summaries Click Here