What channel for buying/selling?
Sellers - with what channel have you had the most luck selling your car (Z or otherwise); Autotrader, local paper, horse trader, sign in window, etc?
Buyers - where do you look first, second ...... last when looking for a vehicle?
I'm planning on putting my Z up for sale and want to get the 'best bang for my buck'.
Thanks in advance.
Buyers - where do you look first, second ...... last when looking for a vehicle?
I'm planning on putting my Z up for sale and want to get the 'best bang for my buck'.
Thanks in advance.
As a buyer I don't have a favorite source. I do like to see photos of the car, so generally the newspaper is out. There is one thing I will insist on; that is, the title is lien free.
Forgive my ignorance, does lien free mean the bank isn't holding the title for financing? Is this a common requirement for buyers? Reason I ask is that I've sold upwards of 10 vehicles in my life, but I've never advertised and only two of them were paid off.
Yes. A lien free title is clear or paid-off. Reason is that I want to work with one party (seller) and not two (seller and lender). Just a personal preference.
I'm not sure what the difference would have been, but when I've sold a car that I still had financed, I just walked into my credit union with the buyer, they signed a paper, I signed a paper, they gave us each a copy of each, then we went to the notary to get plates. I didn't ask, but I assumed the title would go to the new lender (if financing), or the buyer (if paying outright).
Is there some step that I missed that would complicate this in other states, or with a private bank? Oie, I'm learning more than my engineering mind really ever wanted to about buying/selling cars.
Is there some step that I missed that would complicate this in other states, or with a private bank? Oie, I'm learning more than my engineering mind really ever wanted to about buying/selling cars.
This one had my curiosity piqued, so I gave my Credit Union a call. They said that in the majority of cases, they have the actual title there, so they just sign it over to the seller when the buyer hands them the cash or certified check, then the buyer and seller can go to the notary to sign it over to the new owner (or new bank). The only time there is any wait (which I guess would be your point for concern), is when the title is archived electronically, in which case it takes 5-10 business days to get the hardcopy title after the buyer hands over the funds.
Learn something new every day.
Learn something new every day.
I'm not sure what the difference would have been, but when I've sold a car that I still had financed, I just walked into my credit union with the buyer, they signed a paper, I signed a paper, they gave us each a copy of each, then we went to the notary to get plates. I didn't ask, but I assumed the title would go to the new lender (if financing), or the buyer (if paying outright).
Is there some step that I missed that would complicate this in other states, or with a private bank? Oie, I'm learning more than my engineering mind really ever wanted to about buying/selling cars.
Is there some step that I missed that would complicate this in other states, or with a private bank? Oie, I'm learning more than my engineering mind really ever wanted to about buying/selling cars.
As a buyer i like to see a lot of pictures of the car, a detailed description, and a free carfax report. I usually look on autotrader.com or cars.com.
As a seller i have sold a couple of my previous cars on craiglist but it took a little while to sell them and weed out the BS.
Hope this helps, and good luck.
As a seller i have sold a couple of my previous cars on craiglist but it took a little while to sell them and weed out the BS.
Hope this helps, and good luck.
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Bought my Z from a posting off of cars.com, but the process for me was normally: cars.com, then craigslist, possibly autotrader.com, yahoo cars/AOL autos if I was feeling desperate.
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