Guide To Used Car Classifieds
Sellers are realizing the power of the internet to list their cars online, as millions of people see your ad, and even if they are out of state, they could be moving to your city looking for a car. With most services, you type in the car you're looking for and they list on screen all the models with your selected parameters. Forget about newspapers with limited coverage. List your car on the internet so the whole country can see it. Use a site with a money back guarantee if your car does not sell in a certain time period, or use one that leaves the ad up for one low price until the car sells. I've gotten many emails from out of state people for my car. I know several people who have gotten greta results by posting it online. Buyers might be in town for a weekend to visit someone, buy your car, and drive it back home. The idea is to blitz the media, so to speak, and let the world know you have a great car for sale.
FACT: You'll almost always get more for your used car by selling it yourself privately, than trading it to a car dealer. If your car is 4 years or younger, the dealer will give you at least $2000 less than fair market value for it, because they have to dump it on the wholesale market. If your car is over 4 years old, banks won't finance it, so it's worthless to dealers, they will only give you a heart breaking 25% of fair market value!
TIP: Give yourself a budget of $75 -$100 to sell your car. The world is not beating a path to your car so you have to beat a path to the world. Spend more than just the usual one week $35 newspaper ad to sell it. Very few frustrated people sell their car using a one week newspaper ad. Like a key in a lock, if the ad for your green 1997 Camry does not appear during the one week time that a buyer is looking for a green 1997 Camry, you're out $35. Your budget will get you into 3 different classified ad venues like a newspaper for about $35 for a 1-2 week run, and at least 2 popular internet classified ad websites, usually $20 for a 30 day run. Newspapers are not a scam, but that $35 classified ad fee they advertise is a farce, as they are stingy on the number of words. In order to really give any useable info in your newspaper classified ad, you'll most likely end up spending $40-$50 for a one week run. Auto classifieds on the web are much more cost effective than newspapers because they are cheaper, and run 4 times as long or longer. Why limit your ad to maybe 5 local people who might be interested in your model year car, when you can put it on the web where there are millions of people interested in your model. For half the price you get 1000 times the exposure! Web based classified ads have the advantage of your car appearing in a buyer's search of cars within hundreds of miles of their house. But by contrast, newspapers usually cover a small metropolitan area. Look for online classified sites where your ad stays until the car sells. Don't even think about parking you car on the side of the road to sell it, it could get vandalized, ticketed, towed, or all of the above.
This article is from CarBuyingTips.com.
Used Car Classifieds 
Ontario Canada
