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Manx Autos Direct - Private Car Sales
Pricing Your Car

To be Changed

The key to selling your car is pricing it wisely; a common problem among private party sellers is overpricing. Avoid that mistake by doing some initial research:

• Determine your car's real value - remember, what you want for it may differ from what it is worth.
• To get a true idea of your car’s worth, provide an honest evaluation of its condition. A potential buyer will tend to be more critical.
• Search used-car listings for the pricing of similar models in your area.
• Research dealers’ pricing but don't expect to get the same amount. Dealer sales provide some benefits that private sales do not, such as return/exchange policies, limited warranties, financing etc.
• Factor in likely repair work. If your car is worth £10,000 but needs a new clutch, then don't expect to receive full value. Reduce the price in accordance with necessary repairs.
• When creating your ad, you'll have the option of typing what you want in the Long and Short Description fields. Use terms such as "Best Offer" or “Or Nearest Offer” with care; including ONO could result in more enquiries, but it may also result in lower initial offers.
• Be realistic. Is your used car still a popular and viable model, or are you driving a relic of an earlier age? Price it accordingly.

Manx Autos Direct Tip – Price your car to make the phone ring.

You may think that advertising your car at £10,750 is the sensible way forward if you really want to get £10,000 for it. Remember, someone else could be thinking the same - only they advertise their car at £10,250, because they also want £10,000. Who do you think will get all of the calls?

Make the phone ring – if you get 20 calls on your car, it is easier to hold out for the asking price. If you get only get 1 call, you only get one chance to sell it. You may need to reduce the price by a lot more than you originally bargained for.
 

 

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