Price My Car: The Best Way To Set Price When Selling a Car
Mota has the greatest little widget on its site called Price My Car.
This thing is something to behold! Although a car veteran, I was like everyone else and numbed to the guides that are based on some weird algorithm of trade in versus private party against retail with a few bits thrown in of condition, mileage, location and a pinch of imagination and speculation. In the back of my mind (and probably every one else’s who has looked at those guides), I wondered why no one would buy my old car when I just knew that my car had to be the exception to the those guides!
But Price My Car isn’t like that theoretical experiment in consumer psychiatry. It is based on actual completed online sales and is the only one like it! Not even the giant online car markets can do this with their own data! I sound excited, don’t I…..well, I am because it is a revolutionary tool. By putting in your make, mileage, year and trim you can see real data of completed sales of cars just like yours (yep- your car was not special to the assembly line) and get a realistic idea of how you can set you sale price plus it will show you how much more $$ you will get than by trading your old car in to a dealer.
Whether you have decided to sell your car by parking it on the street with a sign you picked up at the hardware store or are going to go all out and put it front of millions and selling it online, knowing how to price your car is key to moving the it before you lose too much money in depreciation.
As an added benefit- use the tool to price your friend’s car and then watch them struggle to sell their own car when they insist that the guide price is higher than what you are telling them! They will come around eventually and get how the machine works and sell their car within probably 2% of that widget’s prediction.
Check it out, play with it, don’t be perturbed if your car is worth less than you think. You enjoyed it, right? That is the pleasure that we pay for loving our cars.
Stumble It!
This thing is something to behold! Although a car veteran, I was like everyone else and numbed to the guides that are based on some weird algorithm of trade in versus private party against retail with a few bits thrown in of condition, mileage, location and a pinch of imagination and speculation. In the back of my mind (and probably every one else’s who has looked at those guides), I wondered why no one would buy my old car when I just knew that my car had to be the exception to the those guides!
But Price My Car isn’t like that theoretical experiment in consumer psychiatry. It is based on actual completed online sales and is the only one like it! Not even the giant online car markets can do this with their own data! I sound excited, don’t I…..well, I am because it is a revolutionary tool. By putting in your make, mileage, year and trim you can see real data of completed sales of cars just like yours (yep- your car was not special to the assembly line) and get a realistic idea of how you can set you sale price plus it will show you how much more $$ you will get than by trading your old car in to a dealer.
Whether you have decided to sell your car by parking it on the street with a sign you picked up at the hardware store or are going to go all out and put it front of millions and selling it online, knowing how to price your car is key to moving the it before you lose too much money in depreciation.
As an added benefit- use the tool to price your friend’s car and then watch them struggle to sell their own car when they insist that the guide price is higher than what you are telling them! They will come around eventually and get how the machine works and sell their car within probably 2% of that widget’s prediction.
Check it out, play with it, don’t be perturbed if your car is worth less than you think. You enjoyed it, right? That is the pleasure that we pay for loving our cars.
Labels: Car, Online, Price My Car, Sell, Used
Stumble It!
posted by Miss Mota Mouth@ 3:42 PM 0 Comments
