{"id":2158,"date":"2021-05-13T14:15:17","date_gmt":"2021-05-13T14:15:17","guid":{"rendered":"https:\/\/www.onewomanowner.com\/?p=2158"},"modified":"2021-05-19T19:12:56","modified_gmt":"2021-05-19T19:12:56","slug":"how-to-buy-a-car-low-and-sell-high-2","status":"publish","type":"post","link":"https:\/\/www.onewomanowner.com\/usedcars\/how-to-buy-a-car-low-and-sell-high-2\/","title":{"rendered":"How to buy a car low and sell high"},"content":{"rendered":"

So you want to buy a car low and sell for a profit. These days, any chance we have to save money or even make a little is very welcome.\u00a0 How about when it comes to your wheels?\u00a0 Can you make money on your car?\u00a0 A car is something that we know loses value at an alarming rate as soon as it leaves the forecourt.\u00a0 So, as an ordinary motorist, can you really buy a banger and sell a Ferrari? With a little luck and a lot of preparation, you can; here\u2019s how.<\/span><\/p>\n

Buy a car low<\/b><\/h2>\n

The first thing that you need to remember is that you are going to make money when you buy, not when you sell. So, that means that you need to seek out a good deal for buying your wheels. Get this right and you will be well on your way to making a profit when you sell.\u00a0<\/span><\/p>\n

Where to look<\/b><\/h2>\n

If you are serious about doing this, it takes a bit of leg work. Check out classifieds, car auctions and eBay for cars<\/a> being sold by the owner.\u00a0 The reason we say that is it\u2019s rare to be able to buy a car cheap enough from a dealer to make the profit from selling it worthwhile.\u00a0 Without the overheads of a showroom and staff, private sellers can be more flexible on price.\u00a0<\/span><\/p>\n

Get an idea of the price<\/b><\/h2>\n

Check out the list prices for the car you have your eye on. Don\u2019t just check one source, get really familiar with the prices that are being offered from the highest to the lowest. That way, you know where to pitch your offer.\u00a0 You can use this knowledge when you are haggling with the seller. It shows that you have done your homework and know the value of the car. When you want to buy a car low and sell high, you really need to know your stuff.<\/span><\/p>\n

Make sure you know the price a dealership would pay for the car. Often a seller will be happy to sell at this price knowing it\u2019s less hassle to sell privately than to a dealer.\u00a0 Use this to your advantage when you negotiate to buy a car.<\/span><\/p>\n

Looks are everything<\/b><\/h2>\n

Sellers are naturally going to ask for the highest price car value sites to rate their car at. You\u2019ll need to check some things carefully before making your offer. Look at things like:<\/span><\/p>\n