Tips and advice for first time selling a used car?
November 7, 2012 3:17 PM Subscribe
Tips and advice for first time selling a used car? I am trying to figure out if I should fix up some cosmetic damage before selling my 2005 Honda Civic EX, as well as looking for general advice on selling on the private market.
posted by Peemster to Work & Money (5 answers total) 1 user marked this as a favorite
Last winter I figured out how to buy a used car. After a year in L.A., it's time to sell it. I've got a decent 2005 Honda Civic Ex, about 85K miles on it. I bought it for $8.8K cash, and am hoping to sell it for maybe $6.5K or so. (Blue Book puts it at $9,216 in Good condition).
So! Here are my questions:
1) There is a crack in rear bumper that was there when I bought it, and after a year of street parking, there's some small dings in both front and rear bumper. Is it worth attempting to replace these things myself and get a higher price? Or offer for lower price and let the next seller deal with it? I realize this is a somewhat complicated issue, but is there a general rule of thumb (i.e. don't sink more than X amount in, or a dinged up bumper reduces price by Y amount).
2) CL vs. CarMax vs. AutoTrader vs. eBay. I know from experience that Honda Civics are pretty popular, and the car still runs very well. With that in mind, which place is the best for putting up a 8-year-old car? Or, what are the pros and cons of the services
3) Helpful resources? I've read through a lot of the old Ask Meta conversations here, and read through Edmonds and so on. But if there's something out there that's particularly helpful for a clueless sumbitch like myself, would be happy to see it.
Thanks, know this is a question that comes up on a semi-regular basis. Looking forward to being carless and careless again in near future.