Selling a car can be a difficult thing to do. You need to know how to set a sale price, and you need to know how to stick to it. What you ask for your car by way of price, sets the tone for how much interest you get and ultimately whether or not you sell the car. We’re here to help you with that.
Where Do I Get My Sale Price From?
You can get your sale price from a host of places. If you’ve bought a car from a dealership, then you can ask about ‘trade-in’ value. A dealership will pay you around wholesale value for your car, it’ll be a concrete price. This is so that they can on-sell your old car to add to their profits from selling you the new car. It will almost always be below what you can get on the private market.
TradeMe, has a tool to value your car before listing it. It’ll give you some handy tips on what adds value to your car and what will take away from the value. You can click here to try it out.
Have a browse through TradeMe motors. Look at what similar cars to yours are being listed for. This gives you an idea of what different km’s, colours, and options are worth. The other key thing it tells you is what other cars your prospective buyers will be looking at.
What Method of Setting Sale Price?
Are you going to go auction with a reserve, auction with no reserve, set it with a price and “or near offer”, or just throw a number out there? These are questions that you have to ask yourself. If you think that the car might get a lot of attention and be desirable to multiple buyers, then you’ll probably want to go for an auction. You need to set your sale price and the listing type to suit what you need from your car sale.
How Do You Stick to Your Sale Price?
You need to set a sale price that reflects the value of the car. It also needs to net you the money you need. If you’ve done your research, then you should know what buyers are looking at and what the competition is worth. It will equip you with the tools you need to negotiate.
If you do your research, figure out what you need to get out of the car, and figure out how you want to sell it, then you can set a sale price and stick to it.
A really great way to add value to your car is to get a full service before listing it. We can get your car serviced and ready to go before you want to sell it. Just click here and put in you details and you’re away.