How To Figure A Used Cars Selling Price

I’m going to show you how to figure a used cars selling price. If you price a used car too high – it won’t sell. Price it too low and you lose money. So figuring out how much to sell your used car for is key to being able to sell it fast and also for getting as much money as you can for it.

If you do the things I mention on this site on how to sell a car, then it is totally possible to put $300.00 to as much as $1000.00 or more in your pocket.

Here’s how…

The first thing to do is to go to www.nadaguides.com and www.kelleybluebook.com and plug in all the particulars about the car you’re going to sell.

For “real world” comparisons in how to figure a used cars selling price, check out www.autotrader.com for the same type of car. If you don’t find a car like yours for the same year and model, or not enough of them from your area, then broaden your search geographically realizing that the farther out you go the less accurate the selling price might be because used car prices can vary by location. That may not apply if your car is unique, like a rare sports car, classic car, exotic, etc.

If you use the classified ads for “comps” (comparable vehicles), then you want to stay as close to the same parameters you used for Kelley Blue Book and Nada Guides, which are….

Same make, model and year.
Same engine with similar options.
Close to the same mileage.
Similar condition – mechanically & aesthetically.
Close to the same geographic area.

This is an essential step and should only take a few minutes of searching. If your search reveals that Kelley Blue Book says that your car is worth more than Nada Guides or the classified ads, then go ahead and use that figure as a starting point for how to figure a used cars selling price.

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