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<blockquote data-quote="Allen" data-source="post: 164031" data-attributes="member: 389">All depends on what your time is worth to you.&nbsp; People tend to rarely get NADA value for resale when they sell it themselves, the ads always try to stress how much below NADA they are offering it for sale.So if NADA thinks it's worth up to $8k on private sale, the best way to actually sell it is to ask $7k.&nbsp; Now you're looking at a $3k difference.&nbsp; Sometimes, if you are looking at new, there are discounts or incentives for trades (like an extra $1500) offered as a loyalty incentive for those trading in a Ford on a new Ford.&nbsp; If you hold off until one of those deals comes around, you are now looking at only $1500 difference in net cost to you.&nbsp; That suggests that if you can get it sold to the first person who comes to look at it that you are paying yourself a pretty handsome hourly rate, if it takes 25 people to come and see it, test drive it, etc.&nbsp;&nbsp; Then maybe not a very good return on your time.I've done both.&nbsp; Vehicles that are older and someone can bring cash in exchange for title all in one visit are the best return on your time.&nbsp; Last vehicle I sold was this type of transaction.&nbsp; Worked out well for both of us.- - - Updated - - -Note, if you have another vehicle to drive, I'd do the private sale as a general rule of thumb.&nbsp; Being able to be patient is your ally on both buying and selling.</blockquote>

[QUOTE="Allen, post: 164031, member: 389"] All depends on what your time is worth to you. People tend to rarely get NADA value for resale when they sell it themselves, the ads always try to stress how much below NADA they are offering it for sale. So if NADA thinks it's worth up to $8k on private sale, the best way to actually sell it is to ask $7k. Now you're looking at a $3k difference. Sometimes, if you are looking at new, there are discounts or incentives for trades (like an extra $1500) offered as a loyalty incentive for those trading in a Ford on a new Ford. If you hold off until one of those deals comes around, you are now looking at only $1500 difference in net cost to you. That suggests that if you can get it sold to the first person who comes to look at it that you are paying yourself a pretty handsome hourly rate, if it takes 25 people to come and see it, test drive it, etc. Then maybe not a very good return on your time. I've done both. Vehicles that are older and someone can bring cash in exchange for title all in one visit are the best return on your time. Last vehicle I sold was this type of transaction. Worked out well for both of us. [COLOR="silver"][SIZE=1]- - - Updated - - -[/SIZE][/COLOR] Note, if you have another vehicle to drive, I'd do the private sale as a general rule of thumb. Being able to be patient is your ally on both buying and selling. [/QUOTE]

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