2005 mustang for sale
A great and must read article: 2005 ford mustang for sale
Q: 2005 mustang?
there is a 2005 mustang coupe for sale online its 8,700 with alot of pics it looks amazing only 20,500 miles its 500 miles away though its a private seller it sounds too good to be true of course i wouldnt buy it without going there in person do you think its too good to be true?
A: sounds like a steal. book value is about 15k.
Q: Where can I find a used Ford Mustang Shelby for sale in Arkansas?
2005-2009, Thanks. 2010 if any but probably not.
A: Try these guys
Smith Ford
908 East Oak
Conway, AR 72032
Q: Will an exhaust from a 2005 Mustang fit on my 2002 Mustang?
ok, the exhaust i saw for sale was a dual SLP Loudmouth exhaust & it came off of someone’s 2005 Mustang GT. I have a 2002 Mustang, its only a 3.8 L V6 but will the exhaust still fit on mine? Thx!
A: To be blunt, No. The 2005 GT is a Cat-Back crossover exhaust. So basically it splits in to a 2 exit exhaust. The V-6 is only a single exit and it comes straight out. That is on top of the fact that 2005 was a redesign year so it would be even more unlikely to fit your 02 but you could ask around to see if anybody has modified that exhaust to fit a V-6
Q: is the 2005 mustang v6 slow compared to other cars like 2003 Honda accord v6?
so in a year i will get my license and i am saving up for my favorite car (ford mustang) and i am mainly looking at 2005 v6 models right now because the GT is to expensive in sale price, gas and insurance. sometimes my friends do little drag races and i was just looking at specs and the car my friend has (2003 accord v6) has 240 hp 3 liter v6. I’m going to get the car will 1 liter bigger engine and 30 hp less? how does that work? and how much gears does the automatic transmission have? 4 or 5 on the mustang? also who will win in a race?
both stock
A: The v6 mustang is a bone in stock form, your friends honda will smoke it.
Q: Hi, I’m looking to get a new car. I like the new mustangs alright. The base model v6 just seems cheap.
But the newer model GT is too expensive unless I was to get an older model of the GT. I also really like the C4 model of the Corvette. I recently saw a 1996 coupe for sale at $9995, and a 2005 Mustang is about $13,000. Which is a better deal and ultimately a better car in the long run. Keep in mind I take very good care and maintenance of my vehicles. Any suggestions are welcome. Thanks in advance
- Derek
A: Depends on what your using the car for. If it is a second car for weekends I would get the vette, however if it is something you will use everyday I would get the 6 cyl. Stang Convertible. It gets at least 6 more miles to the gallon than the GT. The muscle car days are just about over.
Q: Mustang exhaust tips?
I have the full Cervinis C500 body kit on my 2005 Mustang. It has dual-side exhaust, but I need to but the exhaust tips. I cant seem to find just the tips for sale anywhere.
http://static.zoovy.com/img/stage3motorsports/-/C/cervinis_side_exit_exhaust_kit.jpg
The only part i need it the tips with the black part on the end. If anyone knows where to buy them that would be greatly appreciated.
A: Cervini’s does have the exhaust tips available for sale, but only if you own the kit (even if you didn’t purchase it from them directly). You can contact them and tell them you need the tips for part #8012 (the C500 side exhaust kit) and they’ll be able to help you. Hope this helps!
https://cervinis.com/
Q: CAn i buy a car with no pink slip?
well, a few days ago. i saw a pretty nice car for sale it was a 2005 mustang he was selling it for $4500. so i stoped by and called him, and he told me that he didnt have the pink slip. and i wanted to ask,
is it good to buy a car that does NOT have a pink slip??
ok. so he said that there was no way to get the pink slip (stole car??) . so he should be lying huh? – so if you lost a pink slip.. there IS a way that you can get it back right?
what is the name of the form that i have to fill up?
A: yes.. make sure you fill out the bill of sale form.. and you have to fill out another form.. for duplicate title… but be sure that the seller really owns the car.. to avoid a mess.
Q: any cars for sale?
i’m looking for one of the two:
2005-2008 Ford Mustang.
2005-2008 Mistubishi Eclipse.
I need them REALLY cheap.
Pleaseeeee help me. :/
A: http://www.cars.com/go/search/detail.jsp;?tracktype=usedcc&searchType=21&pageNumber=0&numResultsPerPage=50&largeNumResultsPerPage=0&sortorder=ascending&sortfield=PRICE+ascending%2cPRICE+descending&certifiedOnly=false&criteria=K-%7cE-%7cM-_14_%7cB-10000%7cH-%7cD-_179_%7cN-N%7cR-10000%7cI-1%7cP-PRICE+ascending%2cPRICE+descending%7cQ-ascending%7cY-_2005-2006-2007-2008-2009_%7cX-popular%7cZ-21030&aff=national&paId=265413008&recnum=13&leadExists=true
http://www.cars.com/go/search/detail.jsp;?tracktype=usedcc&searchType=21&pageNumber=0&numResultsPerPage=50&largeNumResultsPerPage=0&sortorder=ascending&sortfield=PRICE+ascending%2cPRICE+descending&certifiedOnly=false&criteria=K-%7cE-%7cM-_14_%7cB-10000%7cH-%7cD-_179_%7cN-N%7cR-10000%7cI-1%7cP-PRICE+ascending%2cPRICE+descending%7cQ-ascending%7cY-_2005-2006-2007-2008-2009_%7cX-popular%7cZ-21030&aff=national&paId=276715178&recnum=14&leadExists=true
http://www.cars.com/go/search/detail.jsp;?tracktype=usedcc&searchType=21&pageNumber=0&numResultsPerPage=50&largeNumResultsPerPage=0&sortorder=ascending&sortfield=PRICE+ascending%2cPRICE+descending&certifiedOnly=false&criteria=K-%7cE-%7cM-_34_%7cB-10000%7cH-%7cD-_310_%7cN-N%7cR-10000%7cI-1%7cP-PRICE+ascending%2cPRICE+descending%7cQ-ascending%7cY-_2005-2006-2007-2008-2009_%7cX-popular%7cZ-21030&aff=national&paId=268779660&recnum=3&leadExists=true
http://www.cars.com/go/search/detail.jsp;?tracktype=usedcc&searchType=21&pageNumber=0&numResultsPerPage=50&largeNumResultsPerPage=0&sortorder=ascending&sortfield=PRICE+ascending%2cPRICE+descending&certifiedOnly=false&criteria=K-%7cE-%7cM-_34_%7cB-12000%7cH-%7cD-_310_%7cN-N%7cR-10000%7cI-1%7cP-PRICE+ascending%2cPRICE+descending%7cQ-ascending%7cY-_2006-2007-2008-2009_%7cX-popular%7cZ-21030&aff=national&paId=276781954&recnum=1&leadExists=true
http://www.cars.com/go/search/detail.jsp;?tracktype=usedcc&searchType=21&pageNumber=0&numResultsPerPage=50&largeNumResultsPerPage=0&sortorder=ascending&sortfield=PRICE+ascending%2cPRICE+descending&certifiedOnly=false&criteria=K-%7cE-%7cM-_34_%7cB-12000%7cH-%7cD-_310_%7cN-N%7cR-10000%7cI-1%7cP-PRICE+ascending%2cPRICE+descending%7cQ-ascending%7cY-_2006-2007-2008-2009_%7cX-popular%7cZ-21030&aff=national&paId=136096533&recnum=2&leadExists=true
http://www.cars.com/go/search/detail.jsp;?tracktype=usedcc&searchType=21&pageNumber=0&numResultsPerPage=50&largeNumResultsPerPage=0&sortorder=ascending&sortfield=PRICE+ascending%2cPRICE+descending&certifiedOnly=false&criteria=K-%7cE-%7cM-_34_%7cB-12000%7cH-%7cD-_310_%7cN-N%7cR-10000%7cI-1%7cP-PRICE+ascending%2cPRICE+descending%7cQ-ascending%7cY-_2006-2007-2008-2009_%7cX-popular%7cZ-21030&aff=national&paId=267039448&recnum=3&leadExists=true
Good Luck
Q: Are there any cars under 1000 that are reliably and good?
You see my mom is going to buy me a car when I graduate from high school. But I want a car before that, and my mom doesn’t think a 16 year old should have a car. So even through she thinks that she will still let me buy my own if my dad puts it under his insurance and he registers it. So I’m all set to do this, and my dad told me for a first car he would pay 800 to get used to driving and it won’t be horrible if I mess it up. So now I have like 9 months to get the money. But I don’t really know any good cars for this price, but i was thinking an old honda civic because the accords use to be bad. Oh and just to let you know when I graduate I’ll probably sell my old car when my mom buys my new one which will probably be a 2005 mustang or a 65 mustang because ones on sale for 8500 and if its like that later I’ll probably get the classic thanks for the answers.
A: You can occasionally find a decent car in that price range but you need to have any used car checked out by a mechanic before you buy it.
Q: How much do you think i can lower the price of this car ?
its a 2005 ford mustang deluxe with 72000 miles on it, its at a dealer ship and its on sale for 8,909. How much do you think i get them to lower it ? im hoping for around 7500, what do you think ?
On the carfax it had 2 owners and had an accident where it his schrubs and had to be towed
A: Impossible to answer.
Q: Mustang Odometer Question?
In an 02′ Mustang that I have considered purchasing the dealer says that it has 53,000 miles on the car, it is a V6 and they only want $7800? Its in excellent condition with leather, spoiler etc. and has been for sale sine Oct 11, 2007 (Books at $10,000) Why wouldn’t it sell faster? Has it rolled over? From 99,999 back to 0 and up?
I have ran a CarFax and its good for all but one spot.
12/17/2002 2,891mi
05/05/2003 63,808mi?
06/19/2004 18,763mi
11/24/2004 23,332mi
5/11/2005 25,135mi
And so on with the miles consistently up until today, where it is reported on CarFax at 49,000 and 53,000 at the dealership.
So is it 53,000 miles or 153,000 miles?
Thanks so much, Kyle
A: I seriously doubt anyone put over 60k miles on it in 5 months, it’s probably an error with CarFax.
$7800 is a little high for a V6, actually, but either way, I’d have to believe the mileage the dealer is claiming is accurate.
Q: Do you think this story is sufficient for an eighth grade essay?
“Eric!” a shout came ringing out, and I started shuffling towards my boss, on the other side of the isle of the auto repair shop I worked at. As I got closer, I saw he wasn’t going to give me a raise, he looked more furious than I had ever seen him.
“Yes, sir, what is it?” I replied, pondering why he was this angry.
“You remember a customer that came in with the black Ford pickup truck?” he paused a moment, expecting me to answer. After a second he continued, “State Farm just called, representing that same customer, whose brakes you were supposed to fix, by the way, expecting money because his brakes gave out at an intersection!”
Ouch. This was big. I did fix a guy’s black pickup trucks brakes a while ago, or so I thought. I would definitely be fired for this one, and it would be near impossible to find another job. My head started to pound, and I felt like the world was collapsing in.
“You’re fired, Eric.”
I walked out of the open garage door of the shop and started to think. Without a job, I had no income, and without income, I had no house, no food, no anything. I had no way out. I kept walking, thinking until I came across something; another auto shop, this one called Pro Parts. I casually strolled in, looking around. I quickly realized that this shop was nothing like my old one. It was filled with body parts, under lights, rims, and things like that. This place didn’t repair cars, it customized them. I looked for the owner, and after a second I noticed someone in a back room, working on a car. I hit the service bell, and he rolled out from under the car and headed towards me.
“What do you wish to buy today?” he inquired, looking for something in my hands.
“Are you hiring right now?” I asked, hoping to get another job fast as I could.
“No, I’m not. Sorry about that, but I don’t need help. Do you want to buy anything?”
“Not right now,” I stated, disappointment heavy in my voice.
Trying to make me happier, the guy said, “Did you hear about the race at Resco yet?”
“No,” I said. “What’s Resco?”
“It’s a raceway. I’m surprised you never heard of it. They’re having a tourney soon, in two days. The entry fee is fifty dollars, but the winner gets fifty grand and a new car, too.”
I drifted into a daydream. I could do a lot with fifty grand, all right. However, I had no car. I lived in Chicago, right next to my job, and had no need for one.
“Bye, then,” I said, strolling out the door, and once again onto the sidewalk, happier than when I came in.
I needed to win that race, and I had a plan. I had good credit, so I would just loan money for a car, about thirty thousand, and when I won, I could just give thirty thousand back, and have twenty to spend as I please.
Five hours and a cramped hand later, after filling out tons of paperwork, I had thirty thousand in my account now, to spend as I please.
The next day, my goal still clear in my mind, I walked to the first dealership, this one for used cars. I looked around, and after making five rounds around the entire parking lot full of cars, I walked inside, where they kept their “showy” cars. And that is where I saw it, the car I was going to get. A used 2005 Mustang GT from Ford. A nearby dealer must have seen my look of awe, because he strolled over and asked, “Would you like to buy that, sir? Twenty five thousand dollars, plus a small fee.”
I had a quick wave of doubt, how this was laying all my cards down, taking a risk that could send my life to the fast track, or destroy everything. However, this quickly passed, and then, I took the jump.
“I’ll take it, right now if I can,” I mumbled, sounding like an awestruck child on Christmas.
“Yes, I’ll get it right away!” The dealer was overjoyed that he made a sale, and he probably earned commission, so I could see why.
I watched them bring it to the garage, where I hopped in, and my heart was racing, beating faster than I could ever remember. The car smelled of leather, and the overall feeling was phenomenal. I would have gone home and celebrated, but I had an idea for that last five thousand.
Five minutes later, after having the best drive of my life, I was in front of the same place I had been before, called Race, Rims, and More. As I was walking up to it, I saw the same guy I had talked with before. I walked inside.
“You’re back again, huh?” the owner seemed happy to see me. “I’m still not hiring, if that’s what you’re wondering. By the way, call me Norman.”
I wasn’t really listening. I was obsessed with the things around me now, now that I had a car. I had five grand in my pocket, and I was going to spend it right, at least in my view.
“What would you think I would need to enter the race, I mean, if I want to win.” I said, completely off topic, but important.
“Oh, you’re entering, are you? What are you using in the race?” Norman was scanning the parking lot, trying to find my car.
“That green Mustang, that’s mine. I just bought it yesterday.” I boastfully told him
A: Is that the whole story? If so, maybe I’m not reading hard enough, but I don’t seem to get the moral or theme of this story. The best stories and the ones that usually get the highest grade are the ones that have an underlying theme or moral. It’s a great start, but think about it a bit.
Q: Out of all current model Porsche 911 (i.e. 2005+ 997 series) on the road, how many are TURBO?
Non-turbo 997 in various forms makes 320-350 HP (excluding the “track” variants GT2 and GT3.) The Turbo 997 makes 473 HP.
I live in Los Angeles and I don’t see very many of these 997 turbos on the road. I see 997 Porsches on the road every day but I would estimate I see a Turbo on the street less than once a week — rare enough such that they definitely get my attention. I’m curious to see if the ratio of hi-power/lo-power sales is similar to the ratios for other kinds of cars.
For example, the ratio of Corvette C6 base/Z06 is very high — in other words probably 1 out of 10 C6 Corvettes I see on the road are Z06. Is the ratio of turbo/nonturbo 997 Porsche about the same? More? Less?
Another parallel would be the ratio of Shelby GT500 versus non-Shelby Mustangs of any variety. I would estimate this ratio at less than 1 out of 50 for sure. I’ve got to be seeing dozens of regular Mustangs and Mustang GT on a daily basis. I might see one Shelby a week.
A: The figures from Porsche are not quite specific enough, but if you look over the historical data and figure that in, you can probably make a rough estimate.
From 2005-2007, Porsche sold a little over 36000 Carrera models in the US. With another model year since that, and the US accounting for nearly half of Porsche’s market, there are porbably around 100000 997s that have been produced by the factory since it was introduced.
Looking at known numbers for past Turbo Carreras, these have normally accounted for almost 10% of the production total. However, the turbo version was not introduced until 2006… so there are probably about 7500 total world wide out of the 100000 Carreras out there.
Q: Do you think this is a car scam?
heres an email response i got from a guy off craigslist for a car:
The car is still available and the price for 2005 Ford Mustang GT Coupe is $3,800. It currently has 31,800 miles, runs great, no mechanical problems at all. There are no rips, tears, stains or marks of any kind in or on the car, has never been involved in an accident. The car has red leather interior and red brake calipers. It is a great 2005 Roush Mustang GT with a roush body kit and 20″ black chrome rims. It also has an aftermarket grill, a couple hundred dollars worth of underglow and the shaker 1000 sound system. The underglow has many different options including several different colors, and paterns of movement. The clear title is available and it will be shipped with the car. You will receive the title, registration and bill of sale.
I recently was promoted and had to move to the UK. I’m in London and the car is located in Columbia, SC. It’s already prepared for shipping and the shipping taxes are included in this price.
To secure this sale, we will use ebay to finalize our deal because it protects both buyer and seller and they keep the money until you get the car. You have 7 days to inspect the car and I receive the money after you make sure everything is ok and decide to keep it. If you don’t like the car and want to return it, I will arrange to ship it back and you will be 100% refunded by ebay. I’m sure you will love the car and don’t want to return it but it’s good to know that you have this option available.
If you have the funds available and want to buy it, I need your name and address to register the sale and receive the payment details from ebay.
Many thanks, Robert
PS. The VIN# is 1ZVHT82H7552*****, if you want to run a carfax report
I also noticed he listed the car again for over $26,000. I’m pretty sure this is a scam, but damn, it’s a nice car. I thought there might be a chance it’s legit if I carefully buy it through ebay motors.
THANKS I THOUGHT IT WAS A SCAM, BUT JUST WANTED SOME CONFIRMATION!
i googled the vin and it came up with a lot of for sale things in nc but when i clicked them it said they were sold already.
YOU DO REALIZE I WOULD HAVE HIM POST IT ON EBAY MOTORS AND I WOULD BUY IT THROUGH EBAY?
It’s amazing how people don’t understand this simple concept.
A: It is a scam! E-bay does not do escrow accounts or any type of money transactions! I find these scams every week on Craigslist and mess with them!
Q: What are the steps I need to take to sell my car in Maryland?
Ok, I have a 2005 ford mustang v6 auto. I know the value of the vehicle and there is still a loan on the vehicle. I want to put the vehicle up for sale. What do I need to do when I sell the vehicle? How do I release the lien? Who pays the taxes on the sale? If I buy a car from VA, will I have to pay taxes on that car?
I have never done anything like this before so please help.
A: Chris,
I’ll copy in the 10 Steps for Selling Your Car that edmunds.com publishes. Their advice is very good.
Let me answer some of your specific questions.
a) You release the lien by paying off the lender and having the lender sign a release of the lien. You use the money you get from the sale of the car. You can either take the buyer with you to the lender to finalize this or you can have the buyer make out a separate check to the lender. Call your lender. They usually have clear steps to be taken.
b) Usually the buyer pays the taxes on the car and does that when he or she gets the new title. If you are just a member of the general public, you don’t have to pay sales tax.
c) If you buy a car in Virginia but live in MD, you will pay sales tax on the purchase and then get a credit against taxes that you owe when you title the car in MD. At least that is the way it works in most states.
____________
Here are the 10 Steps:
1) Is your car going to be easy to sell? Is it a hot commodity? Or will you have to drop your price and search out additional avenues to sell it?
Here are a few general rules to answer these questions:
* Family sedans, while unexciting to many, are in constant demand by people needing basic, inexpensive transportation.
* SUVs are very popular right now and often move quickly, even older models.
* The sale of convertibles and sports cars is seasonal. Sunny weather brings out the buyers. Fall and winter months will be slow.
* Trucks and vans, used for work, are steady sellers and command competitive prices. Don’t underestimate their value.
* Collector cars will take longer to sell and are often difficult to price. However, these cars can have unexpected value if you find the right buyer.
Your first step is to check on-line classified ads to see how much others are asking for your type of car. Edmunds.com Used Vehicle Locator and other Internet sites allow you to search with specific criteria. For example, select the year and trim level of your car and see how many similar cars are currently on the market. Take note of their condition, mileage, geographic location and selling price so you can list your car at a price that will sell it quickly.
2) Once you have surveyed the on-line classified ads, use Edmunds.com True Market Value (TMV®) pricing to determine the fair value of your car. Edmunds.com TMV prices are adjusted for mileage, color, region, options and condition. Once you have followed the prompts and gotten a specific price, you can also generate a “For Sale” sign. An Edmunds.com “For Sale” sign will give your price an air of authority.
There are always some exceptions to the rules of pricing, so you should follow your intuition. And be sure to leave a little wiggle room in your asking price. Ask for slightly more money than you are actually willing to accept. If you want to get $12,000 for the car, you should list the car at $12,500. That way, if you get $12,500 – great! But if you have to go lower, it won’t be a terrible loss.
You may have noticed how creative used car dealers get in pricing cars. Their prices usually end in “995,” as in $12,995. Are we not supposed to notice that the car basically costs $13,000? There is a lot of psychology in setting prices. A product that doesn’t sell well at $20 might jump off the shelf at $19.95.
On the other hand, as a private party seller, you don’t want to look like a car dealer. Therefore, you might want to take a simple approach and set your price at a round figure such as $12,750 or $12,500.
3) When people come to look at your car, they will probably make up their minds to buy it or not within the first few seconds. This is based on their first look at the car. So you want this first look to be positive. You want your car to have “curb appeal.”
Before you advertise your car for sale, make sure it looks as clean and attractive as realistically possible. This goes beyond just taking it to the car wash. Here is a to-do list that could help turn your heap into a cream puff:
* Make sure it is washed, waxed and detailed.
* Make sure your car is both mechanically sound and free from dents, dings and scrapes.
* Consider making low-cost repairs yourself rather than selling it “as is.”
* Shovel out all the junk from the inside of the car. When prospective buyers go for a test-drive, you don’t want them to feel like they’ve walked into your messy bedroom. Let them visualize the car as theirs.
* Wipe the brake dust off the wheel covers and clean the tires with a tire gloss product.
* Thoroughly clean the windows (inside and out) and all the mirrored surfaces.
* Wipe down the dashboard and empty the ashtrays.
* Have all your maintenance records ready to show prospective buyers.
* If the car needs servicing or even a routine oil change, take care of that before putting it up for sale.
* Have your mechanic check out your car and issue a report about its condition. You can use this to motivate a buyer who is on the fence.
* Order a Carfax report and show it to the buyer to prove the car’s title is clean and the odometer reading is accurate.
4) Now that your car is looking great and running well, it’s time to advertise it for sale. Traditionally, people advertise in newspaper classified ads. These ads can be expensive, but they get results. On-line classified ads, such as the Edmunds.com Used Vehicle Locator, are becoming increasingly popular. On-line ads are particularly effective with hard-to-find or collector cars. In most cases, on-line classifieds reach a geographically wider area of buyers.
Here are the main markets for advertising used cars:
* On-line classified ads such as those on Edmunds.com
* Daily newspaper classified ads
* Weekly “shoppers” and giveaway newspapers
* Bulletin boards at your office, a local supermarket or a college campus
* Word of mouth – tell your friends and family you have a car for sale
* Put a “For Sale” sign in the car window
Creativity is required when it comes to advertising. Think of unusual places to put ads (skywriting is probably too expensive), and you will get results.
One last word of advice about advertising: if you run an expensive classified ad, be sure you are available to take phone calls from possible buyers. Many people won’t leave a message for a return call. So answer the phone – and be polite. Creating a good first impression is the first step to getting buyers to come and see the car in person.
5) When creating “For Sale” signs or putting a classified ad in the paper, you have an opportunity to show how eager you are to sell the car. This can be done by inserting the following abbreviations and phrases:
Must Sell!: This often means the seller is leaving town and needs to dump the car at a fire sale price.
OBO: This stands for “or best offer” and it indicates that you are willing to entertain offers below the stated price. This usually means you are eager to sell the car.
Asking price: This also communicates the feeling that you will negotiate, but it is one notch below OBO on the eagerness scale.
Firm: This word is used to rebuff attempts to negotiate. It indicates that you aren’t in a hurry to sell the car – you are most interested in getting your price.
Think about what you are telling people when you phrase your ad. Little words convey a lot. Besides the price, your ad should also include the year, make, model and trim level of the car you are selling along with the mileage, color, condition and popular options.
6) Keep in mind that when you sell your car, people will also be evaluating you. They will be thinking something like, “Here’s the person who’s owned this car for the past few years. Do I trust him/her?” Make the buyers feel comfortable. They will probably be uneasy about making a big decision and spending money. Put them at ease and answer their questions openly.
Potential buyers will want to test-drive the car. If in doubt, check to make sure they have a driver license. Ride along with them so you can answer any questions about the car’s history and performance. Also, they may not know the area, so you might have to guide them.
There are many unexpected bumps in the road that can arise while selling a used car. These will be handled easily if you are dealing with a reasonable person. So, as you are contacted by prospective buyers, use your intuition to evaluate them. If they seem difficult, pushy or even shady, wait for another buyer. With the right person, selling a used car should be simple.
Some sellers feel uncomfortable about having buyers come to their house to see the car. However, you can generally screen buyers on the phone. If they sound suspicious, don’t do business with them. If you don’t want people knowing where you live, arrange to show the car at a park or shopping center near your home. However, keep in mind that people will eventually see your address when you sign the title over to them.
Some buyers will want to take the car to a mechanic to have it inspected. If you have an inspection report from your mechanic, this might put their doubts to rest. However, if they still want to take the car to their mechanic, this is a reasonable request. By now, you should have a feeling for the person’s trustworthiness. If you feel uncomfortable or have reason to think they will steal the car, decline the offer or go along with them.
Be ready for trick questions such as, “So, what’s really wrong with the car?” If you get this, refer them to the mechanic’s report or invite them to look over the car more carefully.
7) If a person comes to look at the car and it passes their approval after a test-drive, you can expect them to make an offer. Most people are uncomfortable negotiating, so their opening offer might take several forms.
“I like the car, but..” This is the softest way to negotiate on the price. They may not even state that the price seems too high. If they say, “I like the car, but.” and then lapse into uncomfortable silence, you might consider an appropriate response. If you really want to move the car, you could say, “How much would you be willing to pay?”
“What’s your best price?” This is a more direct way to probe the seller to find out how much he or she will come down. If you get this from a prospective buyer, don’t seem too eager to reduce your price.
“Would you accept.?” Now we’re getting somewhere. This buyer has thought it over and is making an offer. But the offer is being presented in a polite manner designed to allow for a counter offer.
“Take it or leave it.” This buyer is making an offer that supposedly leaves no room for a counter offer. In reality, this buyer might be bluffing. Still, they are sending a message that they are close to their final price. The only way to know for sure whether it really is a “take it or leave it” offer is to leave it – and let them leave. They may return tomorrow ready to pay your price.
The above are just a few of the openers you might encounter. Think of your responses ahead of time so you won’t be caught unprepared. In general, it’s a good idea to hold to your price when your car first goes up for sale. If you don’t get any buyers right away, you’ll know you have to be flexible about the price.
In some cases, you might reach an agreement with a buyer that is contingent on performing repair work on the car. This can lead to misunderstandings down the line, so avoid this if you can. The best thing to do is have your car in good running order while being fully aware of any necessary repairs. If you state clearly in your ads that the car is being sold “as is,” you can refer to this statement when it’s time to close the deal.
Still, a trip to the prospective buyer’s mechanic might turn up a new question about the car’s condition. What to do?
This must be handled on a case-by-case basis. If the repair is needed, and you trust the mechanic’s assessment, you could propose reducing the agreed-upon price by all, or part, of the amount for the repair. If the repair is questionable, but the buyer is insistent, split the difference, or have the car taken to your mechanic for further evaluation.
Remember, the older the car, the more a mechanic is likely to find. At some point, you have to draw the line. You may have to say to the buyer, “True, this work could be done. But the car drives well as it is. And the proposed repair isn’t addressing a safety concern.” After all, a used car – particularly an elderly one – isn’t expected to be perfect.
9) Rules governing the sale of motor vehicles vary somewhat from state to state. Make sure you check with the department of motor vehicles (DMV) in your state, and keep in mind that much of the information is now available on DMV Web sites.
When selling your car, it’s important to limit your liability. If someone drives away in the car you just sold, and they get into an accident, can you be held responsible? There are two ways to deal with this concern.
Once you have the money from the sale (it’s customary to request either cash or a cashier’s check), record the odometer reading and sign the car’s title over to the buyer. In some states, the license plates go along with the car. A new title will be issued and mailed to the new owner. Additionally, in most states, a release of liability form can be downloaded from the DMV web site. Fill this out, along with the car’s mileage, and mail it in as soon as the car is sold. This establishes the time at which the car left your possession.
But what if you still owe money on the car, and the bank is holding the title? One way to deal with this is to conclude the sale at the bank where the title is held. Call ahead and have the title ready. Then, once money has changed hands and the bank has been paid the balance of the loan, sign the title over to the buyer.
In some cases, however, an out-of-state bank might hold the title. In this instance, it is recommended that you go with the buyer to the DMV and get a temporary operating permit based on a bill of sale. Then, after you pay off the balance of the loan with the proceeds from the car sale, have the title mailed to the new owner. Sign it over to the new owner and the transaction is complete.
Finally, remember to contact your insurance agent to cancel your policy on the vehicle you have sold (or transfer the coverage to your new car).
Before your car drives away for the final time, take a last look through the glove compartment, the trunk and under the seats. You might find some long forgotten treasures you misplaced years ago.
10) In most states, the condition of a used car for sale is considered “as is” and no warranty is provided or implied. Therefore, if the car breaks down after you have sold it, you are under no obligation to refund the buyer’s money or pay to have it repaired. If you have sold a car to someone who took it for inspection at a garage and the mechanic found nothing wrong with it, you have done all you can to protect yourself and the buyer.
The best way to feel peace of mind after selling your used car is to make sure you did everything correctly. This means being open about the condition of the car before the sale and timely and complete in transferring DMV paperwork after the sale.
When done correctly, selling a used car can be a win-win situation. You have turned your used car into cash and provided reliable transportation for the next owner. Focus on the benefits to both parties and you are likely to have a smooth and profitable experience.
(thanks to edmunds.com)
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Good luck selling the car!
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