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Selling a car privatelyViews : 985 Replies : 17Users Viewing This Thread : |
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Jan 4th, 2024, 15:17 | #11 |
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In my 30+ years of car ownership, I’ve had multiple cars each year (a few at a time, and regularly changed them). All except for my three daily driver Volvos which I’ve kept 3-5 years each.
Thinking back, the most I’ve ever paid privately in the list of 50 or so that I can remember is £320. Most in the last two decades have been £10k+ and most in the last 10 years have been £20-30k and one over £40k. I buy from main dealers, independents and car supermarkets. I sell anything over £5k via WBAC or part-ex. Presenting them well has resulted in what I consider to be a good deal. I just wouldn’t risk buying anything more than a few hundred £ privately, except maybe for a classic car.
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Jan 4th, 2024, 15:40 | #12 | |
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Jan 7th, 2024, 17:50 | #13 |
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Now sold to cazoo.
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Volvo v70 t5 sold,Volvo XC70 sold V50 2.0d se lux sold V60 se lux d5 sold Land Rover discovery sport sold Skoda Superb 272 L&K estate sold V90 CC B6 |
Jan 7th, 2024, 23:59 | #14 |
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It is a very quiet time of year to be selling a car of any value.
It is also much more difficult to sell privately at more than a few thousand pounds. I actually prefer to buy privately - talk directly to the previous owner - most used car dealer warranties are not worth the paper they are written on anyway. As a private buyer it is about qualifying the seller more than the car - if the seller does not pass the fairly high bars I have then I don't bother looking at the car anyway. There are people out there like me, but i am not looking for a Volvo at the moment and I would never buy a hybrid but that's another story. You do need a good advert with plenty of good pictures and a good wording including where you bought it and a reason of why you are selling it - if you live in a nice house make sure that's obvious from the photos - you need to build confidence in potential buyers that you are not someone who bought the car as an unrecorded accident damage and repaired it - ie a small time dealer trying to look like a private seller. Price it realistically - as a private buyer i am expecting to be paying a few £k less than buying from a dealer. Post a link to your ad if you want some feedback on it. |
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Jan 8th, 2024, 02:48 | #15 |
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Now it's sold there's probably not much value in me saying this ... but IMHO you can very much under-price a good car, unless it's in the Really Cheap category of car in the first place.
Buyers will often ignore something which looks like too good a deal on the basis of "if it's that cheap what's wrong with it?". Different type of car, but I was trying to sell a really good nick 242GT in the early noughties & got nary a nibble at my original asking-price (which was a little cheap but I didn't desperately need the money & couldn't be bothered with the selling process to get the best price); when I upped it by 20% someone bought it the next weekend, having negotiated it to about 5% over my original asking-price. |
Jan 8th, 2024, 08:03 | #16 | |
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Jan 8th, 2024, 09:19 | #17 | |
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Volvo v70 t5 sold,Volvo XC70 sold V50 2.0d se lux sold V60 se lux d5 sold Land Rover discovery sport sold Skoda Superb 272 L&K estate sold V90 CC B6 |
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Jan 8th, 2024, 17:03 | #18 | |
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However I usually buy cars as projects, cars that I can add value too, so a tatty looking litter bin of a shed with a few niggly faults is right up my street, and the best way of getting a good price is to find faults with a car that the seller has covered over but offer to buy it anyway - at the right price.
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