1. Know a little about pricing before you buy a used car. Franchise dealers that sell used cars add a certain percentage on the original value of the used car in the market. Markup is also added to the price of the used car at dealerships, which will make the price higher.

2. Determine the many factors that affect the used car prices. Used car pricings are affected by installed optional equipments or the location where you are buying the used car. There are areas that have a high market demand for a certain car. If that is the case, you may get a better deal if you travel outside of the zone to shop around for your car.

3. Find the used car’s true market value at NADA. National Automobile Dealer’s Association releases a copy of used car price guides every year. You may also check their web site to check the current prices of the used cars you are looking for.

4. Cheaper used cars may be found at government auctions. Government auctions happen every year and you may want to check out a checklist of the auction program. It may also offer you guidelines on finding quality used cars at lower prices. You may visit Federal Citizen Information to find out the guidelines in buying used cars from government auctions. (more…)

Are you considering selling your car soon? There are very few people in this world who can actually get the best price from their customers for any given product. Are you one of them or not? If yes, then it can only add up to your benefits if not well then take the following negotiating tips with you.

•    List your Car on all online used car classifieds: There are thousands of people who are looking for a used car on popular car buying sites. If you sell your car in such popular sites you are sure to make a profit anywhere around $3000 more than trading it in. You can also expect a market value which is $2000 – $6000 more than the trade value.
•    Fix up your car before you sell it: If there is any repair work to be done fix it. You can also attract your car’s customers by waxing your car, vacuum inside and gloss up the tires. The better your car looks the higher chance you stand for getting a good price.
•    Workout the price you will be selling the car for: Be confident about your price range. Always negotiate up from the factory invoice price, not down from the sticker price, which is a higher price than the dealer expects to pay. It would be advisable that you fix the price high so as to include the minimal profit for the dealer.
•    Be prepared before the first buyer shows up. Make printouts from several internet car pricing sites showing the market value of your cat. Avoid printing the trade in values, that’s what car dealers offer you.
•    Be ready for any answer to the buyer’s issues. Incase he complaints about the scratches or mark stain to your car. Tell him its normal wear for any car of that age and mileage, that’s why you are not asking the price of a new car.
•    Always remember your car is still worth the market value no matter what money the buyer has. That is why it is advisable that you mention in your ads that the price is firm.