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Smart Shopper Pricing my used vehicle for private sale
649 messages, Last post on Nov 01, 2009 at 9:38 AM
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Hi, I'm looking to unload my truck and am trying to get a decent idea on where to price it. Here are the specifics: SE WI 1997 Chevy K1500 Ext Cab 4x4 5.7L 161,000 miles The good: Air and heat are strong Power windows / locks still work fine Interior is in good shape Runs strong 4wd works fine 50% tread on tires No surface rust The bad: Front end suspension is loose. I know it could probably used a new pitman/idler arm and ball joints. The rear main seal has a slow leak (drop the size of a nickel every day). Transfer case has a slow leak (leaking output shaft seal - I may replace). The bed has it's share of scratches and dings - I used the truck like a truck and didn't baby it. The tailgate is difficult to open. I'm guessing I should still be able to get $2k. Anything 4wd that runs halfway decent in my area seems to bottom out on the depreciation scale around $1,500/$2,000. What do you all think?
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Replying to: stubborn1 (Mar 23, 2008 2:46 pm) |
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Replying to: cheshire1 (Mar 22, 2008 3:59 pm) You were all completely right. I listed it for $895 on Craigslist at 7:30 pm on a Saturday night. By 8 pm, I had 20 messages, and by 9 pm, I had sold it for $850. I guess that means I underpriced it, but it was a ton more than I could have gotten from the dealer, and I was glad to get rid of it without haggling. Still, I guess it will always haunt me that maybe I could have gotten $1,500. According to the guy I sold it to, cars under $1,000 on Craigslist that run fine are like gold.
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Replying to: cheshire1 (Mar 24, 2008 5:32 am) It ain't sold till you got cash in hand. You, or your wife, got cash in hand? Hold onto those phone numbers if you don't. Congrats if you do. I'll only take a $50 commission on all that money I helped you save. Send a cashiers check to Edmunds in care of the jipster... they'll know what to do from there. 
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Replying to: jipster (Mar 24, 2008 7:12 am) If it falls through, I will refund the $200 and re-list the car at $1,195. On that $50, I'll stick around long enough to "pay it forward," if that helps . . . |
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Replying to: detmac (Mar 19, 2008 2:39 am) You have a vehicle that has been driven on average 500 miles per year? gP |
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This is my first time trying to sell my car. I'm still making payments on the car, have about 4,000 left to pay. Im gonna sell for what my loan is to break even. The option of just paying it off before trying to sell it not an option. The money we get from the sale will go towards the car we are going to buy. Trade in is less then my loan. any ideas would be great. I do live in the state of Ny. Would I need the title at the transfer of sale. thanks
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Replying to: ruckus917 (Mar 24, 2008 11:32 am) I live in NY as well. DMV will want to see a note releasing the lien before the next buyer can register it. If you were to sell it privately you'd need to find someone willing to work with you on that.
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Replying to: jipster (Mar 24, 2008 7:12 am) Working for a mini, eh jipster? 
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Replying to: gsemike (Mar 24, 2008 12:56 pm)
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