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How to Sell Your Car for More Money

Contributor
By Matt Olberding
eHow Contributing Writer
(0 Ratings)
Get the most money for your car.
Get the most money for your car.

Selling a car takes a lot of research and a lot of work to ensure you get the best possible price. When buyers think of used cars, they are thinking "deal" and will be looking to get the lowest price possible. But there are a few things you can do to help ensure you sell your car for more money.

From Quick Guide: KBB Guide
Difficulty: Moderately Easy
Instructions
  1. Step 1

    Know what your car is worth. Checking the Kelly Blue Book or Edmunds.com can help you get an accurate value for your car. These resources will give you an estimate based on the age and condition of your car, ensuring you don't set too low a price.

  2. Step 2

    Fix what needs fixing. With the possible exception of car mechanics and enthusiasts, few people want to buy a car that needs work. Fix any cosmetic and mechanical defects before putting your car up for sale. Also be sure to wash and wax your car and clean out the interior before showing it to potential buyers.

  3. Step 3

    Shop around. Take your car to several new and used car dealerships and also show it to private buyers. Private buyers are likely to pay a higher price because they won't be turning around and trying to sell the car for a profit, but dealers may pay a premium if you have a make and model that is popular and in short supply in your area.

  4. Step 4

    List your car on eBay or a similar website. Not only will your car be exposed to a much larger audience of potential buyers, but listings on auction sites can lead to bidding wars that increase the price you sell you car for.

  5. Step 5

    Buy another car. Dealerships will usually be willing to give you more for your car if you are buying a new one from them. Be sure, though, that the dealer isn't jacking up the price of the new car to compensate for the increased trade-in value he is giving you.

Tips & Warnings
  • If you don't have your car title, request it or get a copy before putting your car up for sale.
  • If you're selling to a private party, accept only cash or a cashier's check. If you do take a personal check, make sure it clears before allowing the buyer to take possession of the car.

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