
Auctioning on eBay Motors
How to sell your pre-owned vehicle on the 21st-century digital car lot
By IntelliChoice
Why would you ever sell your car or truck online? More to the point, who would ever buy it sight unseen over the Internet? It may surprise you to know that today an automobile sells every minute on eBay Motors. Many sellers have found eBay the perfect place to list vehicles. Via the site, they can reach a larger market, communicate much more detail about their ride than with a typical three-line newspaper classified ad, and weed out the not-so-serious buyers because a bid on eBay is binding.
Now that you're convinced it's a good idea, how do you go about selling a vehicle on eBay Motors?
You Still Need to Do Your Homework
You can't just plunk your vehicle's photo down on eBay, sit back, and wait for the bids to roll in. Some advance preparation and research will go a long way in helping you sell your vehicle for the price it deserves.
First, gain valuable eBay experience by auctioning a few lesser items and cultivating a positive feedback rating, which can help command a better price for your big-ticket item. eBay is a user-regulated community driven by feedback from buyers. Experienced shoppers look to feedback ratings to help weed out questionable sellers. Spend some time on eBay and you'll find that sellers with high ratings tend to command better prices and more auction activity-a key to getting maximum dollars for your pre-owned ride.
Next, research the value of your vehicle to help you determine the price that a buyer is most likely to pay by referring to the used-vehicle valuations at IntelliChoice.com and reviewing similar eBay Motors listings for pricing. The top price you can expect to receive will be somewhere between the trade-in value and the retail value, where private sales generally fall.
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