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Pricing my used vehicle for private sale

649 messages,  Last post on Nov 01, 2009 at 9:38 AM

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What is this discussion about? Car Buying


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#590 of 649
Re: Selling with still paying the loan [ruckus917] by volvomax
Mar 24, 2008 (2:19 pm)
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Replying to: ruckus917 (Mar 24, 2008 1:30 pm)

I'm not sure what you are asking.
 
Lets start w/ what you are selling.
Year, make,model, miles, condition.
#591 of 649
Re: Selling with still paying the loan [volvomax] by ruckus917
Mar 24, 2008 (3:04 pm)
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Replying to: volvomax (Mar 24, 2008 2:19 pm)

I'm selling a 2001 Ford Taurus SES, 88,000, condition is good. new tires, and brakes. I have about 4,000 on my loan. So im trying to sell my car to pay off my car loan and then get a van. Trading in my car will not help because they will not give me that much. They would give maybe 3,000.
#592 of 649
Re: Selling with still paying the loan [ruckus917] by bolivar
Mar 24, 2008 (10:51 pm)
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Replying to: ruckus917 (Mar 24, 2008 3:04 pm)

In general, here is what might have to happen.
 
The buyer makes the check payable to you and the bank that holds the note. You both go down to the bank, you sign the check and give the check to the bank. The bank takes the check, and when the check clears, they sign the title over to the buyer.
 
This process can vary a lot state to state. What you really need to do is contact the bank or whoever holds the loan on the car, and talk to then about exactly how you are to go about sell the car and getting the title to the buyer. Banks, etc do this all the time, so they will know how it works.
#593 of 649
2007 Nissan Altima Hybrid by mazda6dude
Mar 25, 2008 (5:57 am)
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Need help pricing a 2007 Nissan Altima Hybrid Base with aluminum kickplates. Has 14,300 miles on it. Private and Trade value. Thanks.
#594 of 649
Re: Selling with still paying the loan [bolivar] by gsemike
Mar 26, 2008 (10:20 am)
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Replying to: bolivar (Mar 24, 2008 10:51 pm)

What will happen in NYS is that when the buyer comes in to register the car and the title has a lien, they will want proof that the lien has been satisfied. That's usually a letter from the bank. If someone buys the car with the lien outstanding, technically they can be held liable for it. No stranger is going to buy the car based on your promise to pay it off so you'll need to find someone willing to work with you and wait. It will make it harder to pay off the car.
#595 of 649
Having difficulty in selling my Corolla to a private party by sriramg
May 12, 2008 (6:45 pm)
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I apologize for posting again here. But this seems to be the correct forum than the previous one. Here is my question.
 
I bought a Toyota Corolla 9 months ago. It had been in a minor accident causing some scratches. I had got the vehicle inspected then and found it to be free of any mechanical problems. Also CarFax did not report anything serious other than an Accident indicator. I am trying to sell the car as I m returning back to my country and i m finding it difficult to sell to private parties. My car is a Toyota Corolla 2001 S and it has 106K miles on it. It has no defects at all whatsoever except for few scratches on the side of the bumper. The blue book value is $5645 for a good condition car, but there are no takers even at $5200. Am i not pricing it right ? I have mentioned the price to be negotiable.. I have had several people coming and test driving the car, saying that its good etc. etc. but no concrete offer yet. Anybody has any experience ? What would a dealer pay for such a car ? What would CarMax pay? Do they take cars that has been in accident ?
If you want to take a look at the car go to
 
Pictures of my car
#596 of 649
Re: Having difficulty in selling my Corolla to a private party [sriramg] by grandtotal
May 14, 2008 (1:03 am)
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Replying to: sriramg (May 12, 2008 6:45 pm)

The price is wrong. It must be because, in the current climate, Corollas even at 106,000 miles, sell easily. My guess is you would sell it easily somewhere in the $3500 to $4000 range.
#597 of 649
Re: Having difficulty in selling my Corolla to a private party [sriramg] by volvomax
May 14, 2008 (11:20 am)
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Replying to: sriramg (May 12, 2008 6:45 pm)

A car w/ an aciident indicator on Carfax is the kiss of death.
You are asking good money for a car that has been in an accident.
That ain't happening.
 
Trade for that car is prob $3,000.
I'd reprice the car if I were you.
Maybe at $4500 or best offer.
#598 of 649
selling '98 integra catalytic conveter issues by anniemal
May 17, 2008 (7:16 am)
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Hi, I'm selling my '98 integra to a friend (sad to part w/). i agreed to fix the "slightly noisy exhaust". an estimate from an exhaust place says it needs $1500 in repairs to the catalytic converter/muflfler. it will not be a good investment for me since i'm selling low, knowing that it is a 10 yr old car, w/ 10 yr old parts. the car passed the Ca smog & the check engine light has never been on. what to do? just want it quieter not prrrfect. anyone got advice? pls let me know, thanks.
#599 of 649
Re: selling '98 integra catalytic conveter issues [anniemal] by grandtotal
May 17, 2008 (8:41 am)
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Replying to: anniemal (May 17, 2008 7:16 am)

Sell it to someone else.

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