Should I sale my car on Ebay?
Qυеѕtіοח bу BLaNE: SһουƖԁ I sale mу car οח Ebay?
Mу ex аחԁ I bουɡһt a 2009 Corolla іח June & tһе whole marriage thing didn’t work out. Tһе car іѕ іח mу name аחԁ I now аm stuck wіtһ a high car payment аחԁ high insurance. CουƖԁ I sale іt οח ebay fοr payoff аחԁ finance a cheaper car through a dealership? Aחу οtһеr solutions wουƖԁ bе MUCH appreciated!
Best аחѕwеr:
Aחѕwеr bу Matthew H
חοt wіtһ tһаt grammar.
Wһаt ԁο уου tһіחk? Aחѕwеr below!
NO!!!!!Use Craigslist.org
Ebay is a scam and there are many hackers on the web sight(ebay)
Wow, you just bought this car a few months ago. I don’t think someone will pay for the car plus the finance charges. They could just go to a dealer and pay it cash without finance charges. The best thing to do is to let someone you trust take over the payments.
eBay has a new selling procedure for cars. They only charge $ 35 up front instead of the higher listig fees they used to charge. Their final value fees are still about $ 100-125.
Good luck getting payoff on the car though. Think about it – as a buyer, would you get a used (albeit 2 month old) car for just a few hundred less than a new one? Or would you want the used one cheaper, in order to justify not buying a new one?
Thats why cars “lose their value” when you take posession. For a buyer to get a used model vs. new, they want to see a significant price difference.
You can try – its going to cost $ 35 minimum, but don’t be surprised if your highest bid is about 75% of what you paid
When you drove that car off the dealership lot, it lost a bunch of value. Unless you put a big down payment when you bought the car, the payoff amount is probably more that the car is worth right now so I don’t think an ebay sale would go well.
Why not take the car to the dealer that sold it to you and explain the situation. He might be able to help you and put you in a cheaper car.
I wouldn’t go the ebay route, ebay buyers are looking for bargains, you’d do better selling it yourself.
To tell you the truth, unless you made a big down payment, you’re probably upside down on your loan, meaning the car isn’t worth as much as you owe on it. If you sell it, you’ll have to come up with the difference of the sale price and your loan balance.
Get a second job and pay it off, or save up enough to be able to sell it.
1. I went thru this process, ebay is a great resource. Be sure to read all the directions carefully, its a learning process. What I found was that most of the buyers & sellers are locals who buy cars for a living, they will know much more than you. If you poke around you will get an idea of what the car will actually sell for (check existing listings on ebay, go to dealers etc). Shipping is usually arranged by them, but a local sale is better for you (look at their zip) 2. Beware, the car dealers will tell you one price, and change it when you pull in to sell it. 3. We went to Craigs list and saw who was selling used cars in our area (if your in NY, LI I can give you the name). My husband called and the guy wound up buying the car. 4. What about refinancing? You should not have high insurance, call the insurance company to see how to lower it or change companies. 5. My best advice: Think smart – Do research (insurance & financing adjustments or changes) and do the math before you sell it.
i wouldnt say it is a very good way to go if you dont have experience with buying/selling on ebay. I would just sell the car on a local classified website (kijiji, craiglist, the newspaper, etc) what kind of new car was you looking at? you could sell your corolla, pay off some of the money, and buy a nice cheap used car, but buy something japanese, id say like a honda civic or honda accord, those would be the best on gas, and the cheapest to maintain, but also id say to buy privately, dealersips can charge alot, and you can get a car thats only a few years old with warranty from the manufactorer for cheaper than what the dealership will sell it at. good luck.