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Summary: To sell a used car for profit, justify the price by knowing the ins and outs of the entire vehicle. Sell a used car for profit with tips from a used car salesman in this free video on automotive advice.
Earl Kester is the sales manager at Tate's Auto Center in Holbrook, Ariz. He has been selling cars for more than 10 years, both new and used. Kester is very knowledgeable about the...read more
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"The topic we're going to talk about today is how to sell used cars for profit. Obviously you know what profit means. It's anything over and above than what you own it for. So if you own a vehicle for $7,000, if you sell it for eight, there's $1,000 of profit. Now how do you do this? How do you sell a used car for profit? Obviously you're going to want to know what you're customer wants to do and where they're at price-wise. You're going to have to build and justify a price. So value is most important. You're going to want to show them every in-and-out of that vehicle to justify the price that you want. You can always negotiate down, but you cannot negotiate up. Remember that. So a Kelley blue book is really going to help you out with this. You can get this online at carpower.com, kelleybluebook.com. There's a lot of resources out there for you to get a value on that vehicle. But more importantly, you have to build that value. So we talked about presentations before. Presentations are important. You have to build value to justify a price, to justify profit. Do not let go of what you own it for. You cannot lose money. You have to build value and justify a price to get the profit you need."
eHow Article: How to Sell a Used Car For Profit
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Comments
francwaa1981 said
on 10/23/2009 I would also suggest using a broker they'll restore the vehicle to top condition and help you sell the car for more money with less efforts. Plus you get to avoid the stress of trying to sell your car. And if your not in need of the vehicle they can sell through car dealerships for larger profits. A good company is http://www.nohassleautosale.com or Skys Auto Brokers I've used them both and I believe they are pretty equal in service they provide. Plus you can find your new or used car through them for cheper and they do the inspecting for you.
buyandsellcars said
on 9/10/2009 Go to http://www.HowToBuyandSellYourCars.com or
http://www.F1AutoCashFormula.com for FREE videos on how
to make money with cars!