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Best way to sell a used car - One more question

Posted on 2/1/11 at 8:04 pm
Posted by TTB
LA to L.A.
Member since Nov 2006
2258 posts
Posted on 2/1/11 at 8:04 pm
I'm looking to sell my truck that is in excellent condition with ridiculously low mileage. Just wondering if any of you had advice. Has anyone ever used autotrader.com? I know many use craigslist but that place scares the hell out of me for some reason. I have sold one vehicle in the past using the old "Slap a for sale sign on it and park it in a high traffic area" method, but I can't do that this time as I will be using the vehicle until it is sold.

Thanks in advance for any ideas!

ETA:
One other question, i still owe money on the loan for the truck. How do I make the transaction work as I don't have the title and would have to pay off the loan to get it correct? My old car that i sold was already paid off.

Thanks all.
This post was edited on 2/2/11 at 5:13 pm
Posted by ewilliams20
Houston
Member since Jan 2007
104 posts
Posted on 2/1/11 at 11:29 pm to
As long as you deal with someone locally, selling your car on craigslist is no different than putting a for sale sign in the window, except lots more people will see it.
Posted by TortiousTiger
Baton Rouge
Member since Jan 2007
12668 posts
Posted on 2/1/11 at 11:35 pm to
i've sold a car a craigslist with zero problems.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41174 posts
Posted on 2/2/11 at 12:23 am to
I sold mine with in a week for ask price- put an ad in the local NO news in wheels. What sucked was that I was still getting calls for the next 2 months about the car.
Posted by KosmoCramer
Member since Dec 2007
76514 posts
Posted on 2/2/11 at 12:41 am to
Autotrader/Cars.com
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7218 posts
Posted on 2/2/11 at 7:19 am to
I also sold mine on craigslist

I would just meet in a public place to let someone look at it
This post was edited on 2/2/11 at 7:23 am
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
51372 posts
Posted on 2/2/11 at 8:28 am to
put it in my driveway.
Posted by tigers444
Member since Jun 2009
3083 posts
Posted on 2/2/11 at 10:22 am to
I sold mine on Craigslist in less than an hour. Zero problems and had cash in hand.
Posted by saderade
America's City
Member since Jul 2005
25732 posts
Posted on 2/2/11 at 3:20 pm to
quote:

I sold mine on Craigslist
Had a bunch of inquires. Ended up selling it for cash at my asking price.
Posted by TTB
LA to L.A.
Member since Nov 2006
2258 posts
Posted on 2/2/11 at 5:09 pm to
Looks like craigslist may be the direction to go, thanks for all the responses.

One other question, i still owe money on the loan for the truck. How do I make the transaction work as I don't have the title and would have to pay off the loan to get it correct? My old car that i sold was already paid off.

Thanks all.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47127 posts
Posted on 2/2/11 at 5:24 pm to
quote:

How do I make the transaction work as I don't have the title and would have to pay off the loan to get it correct?


I wouldn't buy your truck unless you had the title in hand.
Posted by TTB
LA to L.A.
Member since Nov 2006
2258 posts
Posted on 2/2/11 at 9:31 pm to
quote:

I wouldn't buy your truck unless you had the title in hand.


That's what I figured too. So basically I'll have to wipe out my savings to pay off the loan and get the title in hopes selling it and replacing the money I took out. Sound about right? Any other ways around this? I guess it shouldn't be a problem. It just might take a little longer than I would like.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 2/2/11 at 10:07 pm to
My bank will provide a copy of the title to have in hand when showing.

As long as you don't get an idiot, just have the guy who buys the truck write it directly to your bank.

ETA: What kind of truck?
This post was edited on 2/2/11 at 10:08 pm
Posted by TTB
LA to L.A.
Member since Nov 2006
2258 posts
Posted on 2/2/11 at 10:25 pm to
2007 Nissan Xterra - Why?

Oh and I owe 11k on it but it is valued at around 16-17k.
This post was edited on 2/2/11 at 11:28 pm
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 2/3/11 at 5:52 pm to
The buyer would actually have to pay the bank for the vehicle. Most buyers would prefer title in hand, though.
Posted by TortiousTiger
Baton Rouge
Member since Jan 2007
12668 posts
Posted on 2/3/11 at 6:08 pm to
quote:

Oh and I owe 11k on it but it is valued at around 16-17k.


is this seriously what a 2007 Nissan Xterra is valued at?

not hating, i just have serious trouble believing that.
Posted by TTB
LA to L.A.
Member since Nov 2006
2258 posts
Posted on 2/4/11 at 12:03 am to
Top of the line in mint condition and it only has 28k miles. That's just what Kelly blue book told me.
Posted by felixthefixer
dallas
Member since Jun 2010
213 posts
Posted on 2/4/11 at 10:54 am to
I am not sure if your interested, but Greg Robinson has a few months free since signing day that he could be your broker on this kind of deal. Man made 18,000 cash on selling his used car....and he may be able to get you an Iphone . good luck man
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
9194 posts
Posted on 2/4/11 at 11:18 am to
Don't let this happen to you, Unhappy ending to Bimmer sale
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