This scam is also known as phishing. You often receive an official looking email from your bank or eBay or paypal that asks you to verify your account information. You may even be asked for your credit card number or Social Security number. Don't reply. Just delete the email and notify the company. Never give your account information to anyone who contacts you. Contact the company through its website or by telephone if you have questions.
Ask what they will charge you to how to take pictures to sell your car on consignment. Will it be a flat fee, or will it be a percentage. Ask to see their consignment agreement. If they have one, this tells you that they have experience selling cars on consignment.
The perks of having your own car may also match with the hassle of having it. An owner has to prepare for maintenance: whenever the engine breaks down, the tires go flat or the door is jammed, you have to have it repaired. Fixing things yourself is a good option if you have the knowledge. If you do not, spare your car, or be ready for bigger expenses. When people look for cars, they trust the brands with better quality and longevity.
Many new vehicle sellers and those unfamiliar with internet lingo will add OBO to their price. You might actually be surprised how many people have not a clue what this means, they just add it because every other Craigslist car listing has it. OBO means "or best offer." Guess what, if you put this down, people will try to get a best offer out of you. If you aren't willing to settle for less, leave the OBO out of it.
Many people fall victim to email scams designed to steal log-in information for accounts such as PayPal, eBay, online banking accounts and more. Scammers send emails to every address they can obtain so you may receive these even if you do not have an account with the targeted enterprise, site or company.
Another factor buyers consider is the growing trend of newer models in just a short span of time. Manufacturers make new car models just months after releasing their last model. This puts pressure on customers, especially car aficionados, on buying another car while their current one has barely travelled significant mileage. This should not be a major concern for ordinary car buyers, but they also have to stay aware of car models to make sure they are getting the most value for their money.
Once you have a good ballpark do some market research. The same car can sell for significantly different prices depending on what are of the country you are in. So look at local listings on sites such as Craigslist, eBay Motors, AutoTrader and even local paper listings. Find at least 2 or 3 similar vehicles and see what the asking prices are. If the site you are checking allows you to see prices of sold cars this is an even better indicator of a good pricing point.
The first step which is extremely important is to price the car correctly. You have to be realistic which can sometimes be hard when you are thinking of what it means or meant to you or are thinking about how much you need instead of what the car is really worth. Start by getting the Kelley Blue Book value of the vehicle. Go through the checklist and give honest answers about the cars exterior, interior, mileage and mechanical issues. This should give you a good ballpark estimate of what the car is worth.
2) Have all the paperwork. You'll need proof of ownership and the car's history, if you bought it used yourself. While a buyer may be willing to look at a "for sale by owner" car, they may not necessarily take the owner's word as gold. If they have questions about repairs and replaced parts, be ready to have that information on hand and back it up.