Are they going to be hung-up on how much money you’re making… as long as you are bringing them profitable transactions? Basically… you’re asking them if you can do business together. Believe it or not… there are some people you can’t do business with. Discover this early… and move on to someone else. There are plenty of investors who will appreciate you helping them locate properties. These are the ones you want to do business with.
To sell car that is used, the first thing is, get your car cleaned. Even if it is old, it must not look as if it has never been washed. So, before putting it up in the market for sale, it would be better if you could clean its seat covers and get the exteriors polished and waxed for a better look. The first thing that a customer will inspect about your car is that if it is well maintained.
Second, if you get a new car, open the windows and let that “new car” smell out. It’s actually the plastics and additives off-gassing, and yes, it’s toxic. Don’t fall for the “new car smell” sprays you can buy, either… why would you willingly gas your family?
Even as you wonder how to sell your junk car, it would be important that you look at the condition. Write down the exact condition pertaining to its parts. Determine the parts that can be used and which ones cannot. This is especially important when the salvage buyers are interviewing you about it. Be sure to check the condition of the tires, the interiors, polishing etc. While the dealers will always try to ascertain the value of the car once they have it in their possession, assessing it yourself beforehand is imperative so that you can compare the prices that they are offering.
I saw an advertisement on a car magazine, the owner of 2005 Porsche Boxster Sport advertised his 2005 Porsche for $10,000 and then it said; please take over the car payment of $750/month! My wife and I said “Wow, $750/month!” We thought paying $265/month for our Lincoln Navigator was pretty bad.
miata bucket seats But there is good news for such people. You can find some companies that are willing to buy your car from you, even if you don’t have a title. If you don’t want to go through the trouble of getting a replacement title, you can use a private bill of sale. You must be clear about the model, make and year of the automobile and the price you’re selling it at. You will need an attorney to help make sure that all the paperwork is legal. Although some people don’t find it necessary to go to an attorney for this, it could save you the trouble of ending up in claim courts if anything unexpected comes up in the future.
You are buying below market and selling below market… quickly picking up a spread in the process. This spread could be $500… $2,000… $10,000… or more. Not to shabby considering that these deals can be done in very short periods of time… and often without any of your own money invested. We’ll talk more about that later… but first let’s examine something we’re all more familiar with…