*Image from carfindservice.com
Here are the 7 steps I usually take to sell my used cars.
Step 1: Clean interior and exterior of your car
First of all you must give your car a nice car wash and clean every square inch of your car inside out. This can take up to hours but it will increase the chance of success and value of your car. Plus make sure your car smells good before you show it to anyone. Bad odor or smoke’s smell can turn a potential buyer off. Don’t forget to pop your hood and clean the surroundings of your engine. You want your engine to look clean as possible.
Step 2: Determine the condition of your car
After a nice shower, you can then determine if your car is in fair, good, very good, or excellent condition.
Here is how KBB.com determine your car’s condition:
3% of all cars we value meet this criteria. This car looks new and is in excellent mechanical condition. It has never had paint or bodywork and has an interior and body free of wear and visible defects. The car is rust-free and does not need reconditioning. Its clean engine compartment is free of fluid leaks. It also has a clean title history, has complete and verifiable service records and will pass safety and smog inspection.
23% of all cars we value meet this criteria. This car has minor wear or visible defects on the body and interior but is in excellent mechanical condition, requiring only minimal reconditioning. It has little to no paint and bodywork and is free of rust. Its clean engine compartment is free of fluid leaks. The tires match and have 75% or more of tread. It also has a clean title history, with most service records available, and will pass safety and smog inspection.
54% of all cars we value meet this criteria. This car is free of major mechanical problems but may need some reconditioning. Its paint and bodywork may require minor touch-ups, with repairable cosmetic defects, and its engine compartment may have minor leaks. There are minor body scratches or dings and minor interior blemishes, but no rust. The tires match and have 50% or more of tread. It also has a clean title history, with some service records available, and will pass safety and smog inspection.
18% of all cars we value meet this criteria. This car has some mechanical or cosmetic defects and needs servicing, but is still in safe running condition and has a clean title history. The paint, body and/or interior may need professional servicing. The tires may need replacing and there may be some repairable rust damage.
That’s KBB guidelines. My guideline is a little different and more simple.
Excellent: I only consider a car to be in excellent condition if they’re year 2007+ with less than 50k miles. The reason why is because at 60k miles most cars require some sort of maintenance that can cost over $500. I would not consider a car in excellent condition if I have to pay at least $500 anytime soon.
Very Good: If your car has 50-90k miles, you may consider your car in very good condition if you have done all the require maintenance at the dealer only. I usually prefer dealer parts over aftermarket because they tend to last longer.
Good: Anything over 90k+ miles, the best condition it can be in is good. Car parts tend to get old and break down at around 100k miles. Which eventually will cost you at least couple hundreds of dollars to fix (unless you’re driving a Toyota or Honda .
Fair: If you car runs but shakes, makes noises, needs new tires, needs paint job or body is banged up your car is for sure in fair condition. So please don’t list your car in very good or excellent condition if you have any of these problems.
Step 3: Determine the value of your car
Now you need to determine the value of your car. I usually use KBB.com or edmunds.com/appraisal/. Select your car year, make, model, option then select private party value. Here you will know how much you car is worth.
Step 4: Take detailed pictures or a video of your car
Take at least 8 pictures of your car from the exterior and interior. I prefer recording a video of your car instead because a video is the best way to showcase a product online. You can save time from buyers asking for more pictures and questions. Please be honest and take pictures of the bad things about your car too. This can save you time presenting your car to buyers. You don’t want someone to come and take a look at your car and then realize your car is not worth buying at first.
Step 5: List your car online and know the price you should list it for
There are websites where you can list your car online for free including: cars.com, autotrader.com, oodle.com, craigslist.org or if you have a video you can list it on shopvido.com. Make sure you put all the detailed description of your car in the listing. This can save you time from buyers calling or emailing you asking too much questions. These are the mandatory things you need in your listings:
Year, Make Model, Engine Type, Mileage, Asking Price, Auto or Manual, % of tires thread left, Accident history, pictures or video of your car, contact number or how you would like to be contacted, any maintenance the car needs and any problems the car currently has. You should list your car price based on the private party condition it is in. If your car is in good condition, list it in good condition and expect someone to pay somewhere between fair and good for your car.
If your car is below $10,000- expect to sell your car within $1,000 asking price range. So you should list it at least $500 more from the amount you want to sell it for.
If you car is over $10,000 – expect to sell your car within $2,000 asking price range. So you should list it at least $1000 from what you want to sell it for.
The reason why is because not many people have more than 10,000 cash to buy your car. Cars that are value over 10,000 are harder to sell nowadays. Which mean you will get less # of offers. It’s simple supply and demand. More offers, you can sell your car for alot more.
I also noticed that fuel efficient cars are easier to sell and sometimes for even more than what it is worth (ex. Toyota Corolla, Honda Civic, Prius, etc). Gas is expensive now and everyone is trying to save every penny they can.
Step 6: Show your cars to potential buyers
Now you get to show off your clean car to potential buyers. Do not accept phone offers. These are people who are typically not serious in buying your car. Only deal with people who actually met with you and took a look at the car. Those are your serious buyers.
Step 7: Sign the Bill of Sale
Find the right buyer and let your baby go. After you both agree with the price and terms, sign the car bill of sale and collect the money.
I might have forgotten some important things. Please contribute. Thanks guys!
http://www.cars.com- One of the largest automotive website on the internet. Cars can be search in many categories.
Free- 45 days with 1 photos
$15- 45 days with free renewal and 9 photos
$40- 60 days with free renewal and 12 photos.
http://autotrader.com- is the largest classified automotive site in the United States. Autotrader.com inventory can currently be found at www.edmunds.com, www.nada.com, www.ajccars.com and many other online automotive sites. Autotrader.com is currently the largest such site in the United States, based on ad volume.
Standard $25- 3 weeks
Enhanced $50- 8 weeks
Deluxe $80- Run till it sells- Money Back Guarantee
http://www.motors.ebay.com/ - Ebay has its own section of cars marketplace. You can sell your car worldwide with ebay. Although the fees are very high but you can get more exposure and potential buyers. Please be advise that you must research about selling cars on ebay before you proceed.
You may have to pay an insertion fee and a successful listing fee to list a vehicle on eBay Motors. Other fees such as PayPal fees and optional listing upgrade fees may also apply.
You may be charged a successful listing fee if:
The amount of the successful listing fee depends on the final bid amount, as shown in the tables below. For listings ending with Buy It Now, the final bid amount is the Buy It Now price. For listings ending with acceptance of a Best Offer, the final bid amount is the Best Offer price.
There’s no additional fee charged on the actual sale of the car after the vehicle sells. However, you’ll be charged a successful listing fee regardless of whether you carry out the sale with the buyer.
|Vehicles: fees for low-volume sellers (1 to 6 listings in a calendar year) *
*A calendar year starts on January 1 and ends on December 31.
Each time you submit a listing or relist an item, it counts as 1 listing.
You’re eligible for the pricing above if you’ve submitted 6 or fewer listings in each of the previous calendar years. When you’ve submitted 7 or more listings in a single calendar year, you’re considered a high-volume seller. Once you become a high-volume seller, you’re permanently a high-volume seller and high-volume seller fees apply.
ShopVido.com – A new second hand online marketplace where you showcase your car with videos instead of just plain photos. With video you can give your buyers more confidence and trust which brings you more leads and potential buyers. Users love watching video listing of cars online. 123exchanges can provide buyer a huge advantage of time saving by watching video instead of traveling to many places to check out a car.
Fees- 100% free. You can list as much cars as you want with no cost.
Craigslist- Many people love listing their cars on craigslist because they’re free in most states plus the site is very easy to search. Craigslist is mostly built on plain text so the site runs very fast and the site has big traffic numbers. If you looking to sell a car quick craigslist is a great place to start. The only bad thing is there are alot of scammers on craigslist. So beware and don’t deal with people who ask you to wire or transfer money. It’s best to meet up the person face to face and conduct a trade.
Fees- Free for most states and cities.
$25 for some big cities.
CarMax- CarMax is one of the largest used cars retailer in America. It is a great place to sell your car if you’re looking to trade in or in need for quick cash. They do give you a very low offer but the process is very simple. Bring the car to them, they’ll appraise it and if you like the offer they’ll write you a check. I would not recommend to sell your car with CarMax unless you need quick cash. You can definitely earn thousands more selling to a private owner.
Fees: They’ll appraise your car and give you an offer. If accepted you’ll get a check from them right away.
Just make sure you do some research before selling your car online. Try to provide good description and most importantly be honest. Best of luck to you.
They say that another man’s trash is another man’s treasure, which is pretty much true, especially in this case. It has been one of the most popular trends for people to go to yard sale and sell their unwanted junk. Although selling your stuff at a yard sale can be very beneficial, there is another way to do so, and not only will you earn money faster; you could also reach more customers and get more exposures. Who knows, by doing a video advertising to sell your old stuff that you no longer want or need, you could actually turn it into a real and stable business with great income.
Instead of throwing your trash in the garage away, why not do some spring-cleaning session and spare your junk so that you could earn extra money with it rather than putting it straight into garbage? Not only will you save more space when you’re cleaning out old stuff from your garage, you could earn some profit and possibly a stable business! Selling your stuff at a yard sale is a great idea, but if you want better results, you should do it online with video advertising as well. You must list all of your items and figure out how to make a unique and creative video that represents the items well. Your video should be able to make people interested. Give a memorable title to the video to attract more audiences, and make sure that the video has a concise and clear message.
With lots of options available in these modern times, now is the perfect chance for you to take your garage online with video advertising. With sites like YouTube, you could take advantage of it by showcasing your things in your garage that you’d like to sell. Make a really interesting, unique, and interactive video so that when people are watching it, they’d feel as if you’re talking to them directly as a friend, not just some irritating salesman trying to force people to buy his products.
When people are able to see the items that you are selling in your video, they feel more confident as they see the item themselves. They are able to view the condition and the exact physical size to ensure that you aren’t a fraudster. Therefore, video advertising is also a good way to earn the customers’ trust, besides attracting them to your items.
Anna has been writing articles online for nearly 3 years now. You might want to check out shopvido.com if you are looking for yard sale to sell your stuff.
Advertising has taken a twist in line with the changing times. With the advent of technology and the Internet, advertising has to change too. The same mediums cannot be used twenty years later as it was used before. With that, video advertising has emerged as a new method of advertising.
Video advertising is the use of videos to promote an item. Many industries and fields have resorted to this new form of advertising to increase their sales, be it of products or services. Real estate agents have used this method to show potential clients the homes that are being up for rent or sale. Health products have videos too to show how effective their products are and how they work in our bodies. Websites trading in items use video advertising too to attract customers to purchase the items put up for sale.
Shopvido.com is one of these websites that uses video advertising to promote the items up for sale. It is a classified website that people sell things either used or new. You will find a wide range of items here, from pets, gadgets, automobiles and home theatre systems. It is the place to get quality second hand goods easily without having to leave your home to head to a garage sale or a yard sale. There are various reasons that lead to shopvido.com deciding on video advertising, namely:
Without a video, people would be unlikely to even click on an item. By having a video there, people are lured to click and view the item. That is how Youtube achieved its success; people simply love videos.
If there is nothing to hide, why not let potential customers take a look at the items as they are? It helps customers to decide if they want to purchase the item and it also gives potential customers the confidence in the item. Buyers wouldn’t feel cheated or misled because they have viewed the items. This way, sellers tend to benefit as they gain the trust of the customers.
Customers need not leave their homes to check out the items of their interest further. If they want to view the kitten that they wish to purchase, simply click on the video and check them out. This way, they save time by not having to drive over to the seller’s place and this translates into cost saving measures too. They get the idea of how the item is like without having to head over and be disappointed.
Video advertising gives 123exchange.com leverage over other classifieds websites who do not have this feature. If you were to buy something, wouldn’t you want to check it out further first?
Junk traders, sellers, and lovers, have I got a great piece of news that will delight you. shopvido.com is the latest and one of the coolest market place for anyone to sell and buy second hand stuff. Sellers or buyers can take their pick from the various categories available: cars/auto parts, furniture/ appliances, clothing/ accessories/ jewelleries, electronics/ cell phones and much more. Simply put, shopvido is a classified advertisement site that connects buyers and sellers through video.
shopvido works by starting the process of selling or buying in three easy steps. For sellers, you could start selling your second hand stuff on shopvido by following their three simple steps: record your product, list the product, and sell the product. By recording your product, it actually means that you’re supposed to make videos that advertise your products. You should also list the product so that it would be easier for buyers to search for it under the categorized list. Failure to do so will result in a lesser number of people who will stumble upon your item.
For buyers, they could respond to any videos they’re interested in by searching for the specific items under the listed categories, watch the videos when they’ve found it, contact the seller immediately, and finally reach an agreement with the seller and do some transaction. A buyer second option is to exchange something else for the product that they’re interested in by contacting the seller about your exchange offer, reach an agreement together, and finally do some exchanging (in this case, ‘exchange’ refers to the process of trading a product for a product between the buyer and the seller upon mutual agreement).
Selling your second hand stuff by using a video online will definitely earn you more buyers and profits. Since people are more lured into something that is visual which they could see with their own eyes, having a video will make people more interested in clicking and viewing the items sold. More successes can be easily achieved with videos, case in point? It’d be YouTube. Also, by advertising your products with videos, you’ll give the potential buyers a better preview of the items. With shopvido video advertising, you’ll save more on time and cost.
Most of us have been through that stage before, needing to buy a car, but new ones cost too much more expensive when compared to used ones. A lot of used cars in the market now are as good as their new counterparts, especially those with low mileage. But during those times when considering which used car to buy, there is this doubt inside of us, wondering whether the car shortlisted will have faults or problems that the seller did not mentioned. The fear that maybe the pictures they had shown did not show the cars faults, like scratches and dents, or fear that the picture shown is not the car being sold entirely. So, this brings us to the question. Do video listings of the used cars prove to be more useful?
Video listings do have its advantages, both for the seller and the buyer. For the buyer, video listings can show a 360o view of the car and show footage of the car’s every nook and cranny. The footage can also record the sound of the engine noise. The engine noise can be analyzed by mechanics to show how many pistons are still running and the mechanics can hear whether the engine is well maintained by the previous owner. The footage can also show whether the electronics inside the car are still working, for example, the stereo, air conditioning, wipers and the lights on the dashboard. This in turn can increase the buyers’ confidence in the car’s condition and will decrease their doubt, resulting in less travelling time and cost needed to view the cars in person to judge the car. However, even if the video uploaded by the seller is really good, going to the seller personally and judging the car in person is still recommended. Another advantage for the buyers is that video editing is much harder when compared to picture editing since every second of a video consists of 30 different pictures. So less edited videos will be uploaded and more salesmen can be trusted.
Video listings of used cars also pose advantages for salesmen. The buyers are more likely to view at uploaded videos of the cars instead of the photos for the advantages mentioned above. The more confident the buyer is about your product, the more likely he/she is going to buy the product. By posting videos, there will be less people coming over to see the car, and the less busy the car salesmen will be. The salesmen will also be able to add in commentary of the cars they are selling and explain the causes of the flaws of the car. The salesmen can also sound more interesting and friendlier, so when buyers listen to their voices, they won’t feel intimidated to come over in person to seal the deal. Video listings also enable the salesmen to advertise on more websites that hosts videos like YouTube.
Even though video listings take a longer time to make and upload, and buyers will be able to browse at fewer cars at the same amount of time, buying a car is not a small matter for the majority of the society. If making video listings increases the chances of a successful deal being made, it will be worth the effort making and viewing them. So, in conclusion, making video listings will be much more beneficial to both the seller and buyer when compared to just photos.
Anna Peacocks- About the Author
In the glorious age of the Internet, more and more potential buyers do a research on a would-be purchase online. It’s the best stop for even the meticulous consumer as you can get both customer feedback and a live performance of the product. By advertising a product on YouTube, sellers just need to get the ball rolling before the traffic directs itself there.
You Tube has become the most popular new marketplace for sellers to seek for their potential buyers thanks to social networking sites like Facebook by being able to share videos to the population. People who had not heard of a certain product might just buy it after watching a video they were tagged in! Besides that, due to the minimal costs of advertising on YouTube, it is a better financial option for sellers. The costs involved will only be setting up a website and the video production cost! The product will travel by word of mouth through these networking sites and YouTube itself. No more headache on high advertising costs!
Pictures speak a thousand words. How about videos? A million! As consumers get more and more impatient, a wall of text will surely put them off. Whereas an interesting video, all it takes is the time to load and a few minutes of their life will be spent watching your product video. They might even end up buying it since its so mesmerizing! Pictures can be doctored and words twisted but videos are the truth. Consumers will trust a video performance of the product more than anything else.
Videos are seen to be the next generation advertising method as through the advancement of technologies, recording quality gets better and better and thus videos clearer too. With better videos, more possibilities are opened up. Videos have an added advantage as consumers feel that they have more interaction with the product compared with other means.
Research also suggests that a catchy tune or a mesmerizing video can imprint themselves subconsciously into the human brain. Until that one day, when they suddenly need that certain item, the past memories might surface and they will think of that product and buy it. If I can remember after so long, it surely can’t be that bad, right?
A new marketplace, 123exchanges.com, has evolved to become the next online video marketplace that connect buyers with quality sellers via video. 123exchanges is trying to change the way people advertise and promote their products online. Buyers now are more likely to watch video listings instead of just plain pictures. This video concept is helping buyers and sellers build trust and eventually leading to future sales.
Selling on YouTube has both pros and cons.
People who sell stuff on YouTube should join together to build a new community of buyers and sellers who love the video concept over just posting plain pictures. Together we can build a video marketplace to change the way people showcase products online. Be proactive to the community by starting your own video store today!
Get Easy Cash from Online Pawn Shops
It’s the month end but you want to go out for a small holiday with your family. Tough to get ready cash? Don’t worry; you can now secure loans online against a valuable property through “pawn shops”. A pawn broker or the intermediary will help you do so. You can auction your items either online or in local pawn shops near your home.
The Pawn shop process:
You can bring the item you desire to bid at a pawn shop. The pawn broker examines the item and decides the amount of loan that can be given against it. A negotiation takes place regarding the term period of the loan and the interest rate applicable on the loan forwarded. The pawn broker then takes over the time until the decided contract period.
You need to pay the full principal amount and the interest thereon by the last date of the agreed term period. Thereafter you can reclaim your pawned item from the broker. However, if you fail to repay the entire amount of loan in the stipulated period, you can-
~ Extend the term period of the loan if the pawn broker allows so.
~ Leave your collectible for resale in the pawn shop.
It offers the benefit of being able to obtain fast and convenient cash without getting into the hassles of debt spiral. Also, you get to know the true value of the thing you are pawning. You will not even be reported to a credit bureau if you fail to repay the loan.
However, there might be certain problems arising from this. You might not have any pawn shop in your area. The pawn broker may cheat on you and charge you more interest at his own will. To avoid this entire problem, pawn shops should be listed online.
There is not much of a difference between pawn shops in your locality and those that are available online. There are many firms who offer online pawning shops.
You just need to fill up a form online sending in your details, the description of the product you intend to auction and also the amount of loan you want. The company sends you instructions on how to ship that item to them. After receiving it, the loan amount is deposited in your bank account. When you repay the full amount along with the interest due on it, your auctioned product is shipped back to you.
The amount of loan given to you is generally half of the value of the thing you bid for. However, pawn shops online is a good source to secure fast cash for your short term expenses.
If you want to avoid all these headaches, you can just list your products online with free video classified sites like Shopvido. Serious buyers get to watch a preview of your product and will contact you for offers. You then select your buyer on your own conveniences. This is the fastest and cheapest way to sell your second hand stuff.
“Don’t let stuff in your garage depreciate. Sell them for fast cash to pay off your bills.”
Looking for places to sell your stuff for free? Don’t pay selling or listing fees. You should be able to sell your stuff on these websites unless you’re selling it above market value.