The best way to sell a car depends on the goals of the seller. If the goal is to get the most money possible in exchange for the car, online ads allow the seller to name his own price. In 2014, some of the most popular online services include eBay, Kelley Blue Book, Craigslist, cars.com, and Autotrader. Print ads in local newspapers are also effective.Continue Reading
If the goal is to complete the sale as quickly and easily as possible, many car dealerships offer cash or trade value on the spot. Other automobile trading and wrecking companies, which are found online or using a phone directory, pick up used cars and immediately pay for it with cash or a check, often handling all the necessary paperwork as part of their service.
If a seller prefers to sell or exchange the car within his community, digital and real-world social networks can help find a local buyer. Church groups, workplaces and childcare centers allow would-be buyers to connect with sellers within their social circles.
Many nonprofit or charitable organizations accept used cars as donations. In this case, the person making the donation claims the full value of the car as a tax deduction, and the receiving organization usually handles the paperwork.Learn more about Buying & Selling
While there is no way to completely verify that an eBid online auction is legitimate, you can determine the legitimacy of many auctions by checking the seller's feedback rating and looking for common fraudulent auction warning signs, such as an item priced much lower than its market value or a seller that asks for less secure payment methods. Use a secure payment method, such as PayPal or an escrow service for vehicle purchases, to minimize the chances of fraud.Full Answer >
A car can be sold at any public auction where the seller resides, including California. The regulations in each auction will differentiate depending on which company hosts it, but most require an auction fee.Full Answer >
As of January 2015, a low-volume seller who sells a car for less than $2,000 on eBay must pay a $60 successful listing fee, according to eBay. If the car sells for more than $2,000, the listing fee is $125.Full Answer >
When buying a used car from a private seller, buyers should ask questions to discover the true condition of the car, if it was ever in an accident and why the individual is selling the car. Buyers should also ask for the car's VIN to conduct research on the car.Full Answer >