Recognising which category your buyer is in when you want to sell your car is a vital step. If you are selling your car to the wrong type of buyer you won't get the best price
Here they are: this is going to be quick.
1) Private buyer for his own use - usually the best price is obtained here
2) Car Dealer - Should be able to get fair price but no more than for the market - his market and usually less than private buyer
3) Sell at auction - usually a bad idea
4) Private Dealer - a private buyer who trades in cars - not recommended.
5) Scrap metal - if your car is totalled.
6) Spare parts yard - if your car is totalled.
7) Family friend or Business aquaintaince - price may vary - this can be successful because they trust you but has the liability of damaging personal relationships if something goes wrong - also they may want a discount because you are their friend.
8) Family member - if you sell your car to your son or daughter - you may not see the money ever and it can create family tension - i'm not going to get into this here because it's a whole other kettle of fish and one mans pancake is another mans japatti.
9) Repo - well - they just take it off you and you get whatever they auction it at taken off your loan.
This is not good so make sure you don't gamble, cohabit with ladies of disrepute or have expensive drug habits - try to hang out with people who are doing a good job of surviving and are honest and get rid of your friends who are leading you astray. Get your sh*t together so it never happens again.
Well - the harsh truth - if you care to comment I welcome your views.
Graeme Sprigge
Here they are: this is going to be quick.
1) Private buyer for his own use - usually the best price is obtained here
2) Car Dealer - Should be able to get fair price but no more than for the market - his market and usually less than private buyer
3) Sell at auction - usually a bad idea
4) Private Dealer - a private buyer who trades in cars - not recommended.
5) Scrap metal - if your car is totalled.
6) Spare parts yard - if your car is totalled.
7) Family friend or Business aquaintaince - price may vary - this can be successful because they trust you but has the liability of damaging personal relationships if something goes wrong - also they may want a discount because you are their friend.
8) Family member - if you sell your car to your son or daughter - you may not see the money ever and it can create family tension - i'm not going to get into this here because it's a whole other kettle of fish and one mans pancake is another mans japatti.
9) Repo - well - they just take it off you and you get whatever they auction it at taken off your loan.
This is not good so make sure you don't gamble, cohabit with ladies of disrepute or have expensive drug habits - try to hang out with people who are doing a good job of surviving and are honest and get rid of your friends who are leading you astray. Get your sh*t together so it never happens again.
Well - the harsh truth - if you care to comment I welcome your views.
Graeme Sprigge