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What Is My Car Worth?


Smoky the Bear says, "Only YOU Can Create Effective Communications!"

The question you ask when selling your car is, 'How much is it worth?' Well this question is actually incomplete. You have to add three parts and you get three different answers.

How much is it worth when I sell it to a:

  1. Dealer

  2. Private individual

  3. Dealer as a trade-in

You can answer these 3 questions by going to online valuation web sites such as: Kelly's Blue Book in the United States or The Red Book in Australia. You can get these prices for free.

The other way to value your car is to see how much they are going for in the classifieds.

Neither one of these ways is entirely accurate for the following reasons.

  1. Classifieds may have only one or two cars of your type and they could be overpriced or underpriced. The quality of your estimate depends on getting a good range. It's a good idea to check the prices over several weeks if you can.

  2. Online Valuation services may have inaccuracies for particular models and should not be relied on exclusively, just because they seem to be the authorities. Their valuation is only as good as the data they have to go on. Since a large number of transactions bypass their data collection you can only consider it an estimate. It could be out by as much as $1000 easily.

  3. Seasonal demands influence the prices of cars. Convertibles sell for higher prices in the summer time. These swings can exceed the ranges given in valuations.

There is one more factor that overides all the above. The final price you get is not it's worth. It's worth is it's value. A good, reliable car with no rust, that has been maintained can be sold for more money. It is worth more than a newer car that has been poorly maintained. If you have such a car then you absolutely can sell it for a good price because you are giving value for money.

Graeme Sprigge
www.90minutecarsalesman.com

About The Author

Graeme Sprigge is the author of The 90 Minute Carsalesman and lives in Sydney, Australia. His professional background is residentential direct sales in the telecommunications and energy sectors. He now writes books and buys and sells cars for profit. He is currently working on developing joint venture partnerships with related businesses.

This article may be shared or reprinted so long as it is left intact.

Copyright 2005 Graeme Sprigge - All rights reserved

www.90minutecarsalesman.com




By: Graeme Sprigge

The Responsibility For Optimum Communications is YOURS:

    As consultants, business coaches, and Certified conflict prevention and resolution professionals - with combined experience of over 100 years helping executives and business owners plan for their future - the one element, required before anything can move forward, is an atmosphere of free and open communications.

    That spirit is either a natural result of an atmosphere of shared goals about the future, or it one they have refined or learned from scratch.

    When it comes to communications I always tell people, "you can only do the best you can" - then it is out of your control. Whether your gestures are appreciated or not, whether it conforms with the other person's thinking or not - you have no control over that. So, just do the best you can and be prepared for whatever results.

    One way to insure that "the best you can" really is the best strategy available to you is to investigate the principles of Strategic Conversations .

    This is a process you can learn that will provide enhanced communications for life. Their free resources and accompanying free research report will help you establish the framework for an atmosphere of open communications with your family, your colleagues, your advisors, and your customers!

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