Dear Andrew,
Hello! Thank you for your inquiry!
By using the Kelly Blue Book Used Car Values Program (
ttp://www.kbb.com/kb/ki.dll/kw.kc.tp?kbb&&773&split_owners ) I was able to
determine the price difference of the two options to be: $1,685
Private Party Value (what you might expect to sell your car to a private party
for) = $5,205
Trade-In Value (what you might expect to receive from a dealer) = $3,520
($5,205 - $3,520 = $1685)
To find this information out, I made the following assumptions:
4 Door
Automatic
AC
Power Steering
AM/FM Radio
ABS
“Good” Condition
Zip Code: 94043
If any of these assumptions are significantly off, visit the Kelly Blue Book
page mentioned above and re-enter the more correct information.
Additionally, AutoWorld gave a range for the value of your car from $3,050
(Below Average Condition, Actual Market Value) to $7,900 (Exceptional
Condition, Suggested Retail). I would recommend visiting this website for
AutoWorld to view the entire range:
Car Search Results – 93 Explorer
http://www.autoworld.com/apps/pricing/carprice.asp?id=11033&frame=aw
Some options available to you in Mountain View, CA, if you want to try and sell
it yourself include posting advertisements in the following:
1. AutoTrader – This is a nationally recognized publication and website, you
would probably have the most exposure with this, but because it’s not specific
to the Bay Area, CA, it might take longer to sell.
AutoTrader
http://www.autotrader.com/hornav/trader/index.jtmpl?LNX=LTGOOKYWXSELLCAR
2. CraigsList – A San Francisco Bay Area website that includes selling vehicles.
http://www.craigslist.org/sfo/
3.The San Francisco Chronicle
http://www.sfgate.com/chronicle/
4. BayArea.com
http://www.bayarea.com/mld/bayarea/classifieds/automotive/
5. Palo Alto Daily News
http://www.paloaltodailynews.com/
Make sure that you further research the value before you place a classified ad.
Too high a price will scare people away. Some things to take into
consideration include the mileage, condition, and the records you have kept.
People are generally more willing to buy a car if you kept good records of all
maintenance.
Here is some more good advice on selling your car, taken from Auto Education (
http://www.autoeducation.com/selling.htm ):
“When writing your ad, make sure to include the basics..... Make, model, Color,
price, mileage, phone number and best time to contact you. Adding OBO (Or Best
Offer) after the selling price may get you a few more responses since the buyer
will know you are flexible.
Clean your car before anyone comes to see it. Make sure you sweep out the
interior and clean any spots from the carpet and upholstery. Also a good coat
of wax would not hurt. Consider going to a reputable detailing business to have
the car cleaned. This can literally add 100's of dollars to the resale value.
If you have an extended warranty on your car, check if it's transferable. This
can ease a seller's mind and possibly make the sale.
Print out a one page flyer and hang them outside supermarkets and other
businesses with public bulletin boards. Also check out free classified papers
which usually are distributed outside of supermarkets.”
According to the California DMV’s office (
http://www.dmv.ca.gov/vr/vr_info.htm#PageTop ), here are the requirements
and/or expenses related to title transfers after selling a vehicle:
“When selling a California registered vehicle, the registered owner of record
must:
* Release ownership by signing on line one of the title.
If the vehicle is, or was financed, a name will be in the legal owner section
and their releasing signature is required on line two.
* Provide the purchaser with evidence of a valid smog certification.
Smog certificates are good for 90 days from the date of inspection. The smog
certification is not required if the owner or buyer sign a statement that a
smog certificate was submitted with renewal fees within 60 days prior to the
transfer date.
* Provide the odometer mileage if the vehicle is less than 10 years old.
If the title does not have a designated space for this information, an Odometer
Disclosure Certification (REG 262) must be signed by both the seller and buyer.
The REG 262 cannot be copied, an original must be submitted. You can call (800)
777-0133 between the hours of 8 a.m. and 5 p.m. and ask for one to be mailed to
you, or pick one up from your local DMV.
* Complete a Notice of Release of Liability (REG 138) and mail the notice to
the DMV address on the form. The seller is responsible for reporting the change
of ownership to DMV within 5 days from the date of sale. It is important to do
this as soon as possible, because after DMV updates the information from the
REG 138, you will be cleared from future liability on the vehicle. The
purchaser is responsible for reporting the change of ownership to DMV within 10
days from the date of purchase.
Search Terms Used:
DMV
Selling a used car
Auto sales in California
Thank you and have a wonderful day!
Best Regards,
Skis4JC |
