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Selling A Car:
Selling a car isn't easy either. First figure out what your car is worth, bottom line. Nobody cares what you owe on it, or how many payments are left. They want true down to earth numbers of what the vehicle is worth. Just as with buying a car, take a look at each of the previously stated areas and figure out a price. Start with the Kelly Blue Book private party price for your particular vehicle, and go from there.
We all know you spent thousands of dollars upgrading your car, but I hate to tell you this, when you sell your car, its almost worthless. The reason that it is worthless is that the person who is buying it will almost certainly have to go to a bank to get a loan. When a bank figures out how much money they will give a person, they look in a small (in Wisconsin its yellow) book to determine a vehicles value based on make, model, body style, engine, and mileage. It doesn't say anything in there about that awesome stereo, $1000 body kit, $5000 paint job, $1200 rims, or $600 tires. Its worthless. The best advice to those who have upgraded your cars is to part it out, whatever you can, before selling it. Return it back to as close to stock as you can before selling it. That is the only way you will come even close to recovering any of the money that you have spent modifying your car.
Then, you have to sell it. Naturally the people who are wanting to buy it will want to talk you down, so let them. Slightly overprice your car by up to $1000, and let the people talk you down. Don't go any lower than what you determined the car to be worth. Usually selling your car to a private party will give you much more money than trading it in. Many dealers don't sell the cars that they take in on trades, they bring them to auctions and have them sold. Auctions don't always give a great price, so the dealer won't give you one on a trade for it either.