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How to Sell a Vehicle Online

How to Sell a Vehicle Online

Are you considering selling your vehicle online? Here are tips on how to make your vehicle more appealing to prospective buyers online.

According to an article at autotrader.com, “Tips for Selling Your Vehicle Online”

“Selling a car online is a different beast than selling it through the newspaper classifieds. Most classified sales are local, allowing the buyer to personally eyeball the vehicle, test drive it and even take it to a mechanic for an inspection.

Many by-owner, online used-car sales are long-distance transactions that are finalized without the buyer seeing or test driving the car. We’ve had one popular online seller tell us that 75 percent of its auto transactions are across state lines. This means the seller must do a little extra work and be more creative to make his vehicle stand out.

Here are 7 tips to get your vehicle noticed and a successful deal done:

Commitment

Approach selling your car the same way you would a project at work. For a quick, successful sale, you must fully engage in every step of the process. Here’s the dirty little secret about selling a car online: The less effort you make, the less successful you will be.

Successful selling is a process and every part of that process must receive your best effort. Don’t cut corners!

Research

The “right” price isn’t the amount you want out of the sale of the car, but the amount the average buyer thinks is fair and is willing to pay.

Sure, if you have some rare collector car, you may not need worry as much about the market price. Chances are, though, your car will be listed against tens or hundreds of similar vehicles on multiple online sites. That means your vehicle must be priced competitively.

You have to do the research to determine not only how much others are asking for similar cars, but the average transaction price of those recently sold.

Be honest with yourself and objective about the vehicle’s condition when setting a price. An unrealistically high price will scare potential buyers, sending them on to the next ad.” To read the entire article click here.

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