Now it’s time to sell my car, but how do I know what is considered a fair selling price for my vehicle? If I’m trying to sell my junk car or a fully upgraded vehicle, I want to ensure that I’m selling at a good price to attract potential buyers while still ensuring I’m getting a fair amount for my car.

Whether I am selling my car for cash at a dealership or to a private buyer, I can work out a reasonable price by receiving estimates from dealerships or looking up what private sellers in my local area are asking for the same year, make, and model of my vehicle. 

3
Determine the Selling Price

You should try to see what dealerships are selling the same make and model for to get a good idea of the higher range of price for the vehicle.

Looking up the local wholesale value of a vehicle can also be a good method of seeing the lowest price range for a certain car. 

Deciding the right price to ask for your used car can be difficult and you may need to be flexible to find the right buyer. A dealership will typically offer you a lower amount than a private buyer will.

If you are selling a car to a private party, a reasonable asking price will be somewhere in between what a dealer is selling the same vehicle for and the wholesale value of a vehicle.

Depending on the condition of your vehicle, the equipment, and the mileage, the fair asking price may vary. 

Note: Vehicles that are priced higher than others of the same make and model will typically take longer to sell.