If you’re planning to purchase a new car in the future you might be looking to sell your car privately.
First, you should set a price that’s competitive with what local dealers and other private sellers are asking for cars like yours — but give yourself room to lower the price in negotiations. Auto resources, like Kelly Blue Book, can give you a great idea of what the auto market is like in your area.
Second, keep the car clean and ready to show at all times. To protect yourself from identity theft, require buyers to pay with a cashier’s check or money order. Don’t accept personal checks and don’t bother with potential buyers who haven’t lined up financing.
About the Author
Cam Merritt has been a professional writer and editor since 1992, specializing in articles about spectator sports, personal finance and law. He has contributed to “USA Today,” “The Des Moines Register” and the “Better Homes and Gardens” family of magazines and websites. Merritt has a Bachelor of Arts in journalism from Drake University.
This article is provided for general guidance and information. It is not intended as, nor should it be construed to be, legal, financial or other professional advice. Please consult with your attorney or financial advisor to discuss any legal or financial issues involved with credit decisions.
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