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The Money Mustache Community
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selling a car
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Topic: selling a car (Read 1363 times)
monarda
Handlebar Stache
Posts: 1564
Age: 64
selling a car
«
on:
April 10, 2019, 08:37:18 AM »
Quick question.
We are selling a used car for a family member (whose partner died recently, so there's an extra car).
Do you all use the kbb "private party" value to come up with a price range? If you use something else, please suggest.
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walkwalkwalk
Stubble
Posts: 238
Re: selling a car
«
Reply #1 on:
April 10, 2019, 08:44:28 AM »
I search craigslist and see what people are posting a similar model for.
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nereo
Senior Mustachian
Posts: 17582
Location: Just south of Canada
Re: selling a car
«
Reply #2 on:
April 10, 2019, 12:53:45 PM »
KBB "Private Party" is a decent starting point.
Then I search for similar cars in my area using CL and autotrader to see what similar models are selling for.
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AlotToLearn
Stubble
Posts: 113
Re: selling a car
«
Reply #3 on:
April 11, 2019, 05:19:44 PM »
KBB Private Party can give you an idea. Are you selling it to a dealership (i.e Carvana, CarMax) or looking to sell it directly to a buyer (Craigslist)?
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Dave1442397
Handlebar Stache
Posts: 1652
Location: NJ
Re: selling a car
«
Reply #4 on:
April 11, 2019, 05:38:29 PM »
If you live near a Carmax location, take it there and see what they'll give you for it. At least then you'll have a bottom line price if you decide to sell it yourself.
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monarda
Handlebar Stache
Posts: 1564
Age: 64
Re: selling a car
«
Reply #5 on:
April 11, 2019, 06:45:20 PM »
Directly to a buyer- we'll try that first anyway. I actually have an offer already, in the lower end of the KBB range, trying to decide if it's fair.
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better late
Bristles
Posts: 488
Re: selling a car
«
Reply #6 on:
April 11, 2019, 09:17:57 PM »
If the offer you have now doesn’t turn into a deal think about listing the car on FB marketplace. We listed an inexpensive car on both auto trader and FB. We got lots of honest interest on FB, and sold it to someone who found it on FB. We got multiple scam messages on autotrader telling us how they had to have the car but couldn’t get there and would wire us money and what is our PayPal?
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The Money Mustache Community
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selling a car