If you must sell your vehicle and want to make the most out of the deal, consider selling it yourself and putting the profits toward your next purchase. You’ll likely come out hundreds of dollars aheadbuyers will pay more for your vehicle because they won’t have to pay the 7 percent GST on a private sale. The most important thing to remember is that there’s a large market for used vehicles in good condition in the $4,ooo-$5,ooo range. Although most people prefer buying from individuals rather than from used car lots, they may still be afraid that the vehicle is a lemon. By using the following suggestions, you should be able to sell your Toronto airport limousine service vehicle quite easily:
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Know its value. Study dealers’ newspaper ads and compare them with the prices listed in this book. Undercut the dealer price by $300-$800 and be ready to bargain down another 10 percent for a serious buyer. Remember, prices can fluctuate wildly depending on which models are trendy, so watch the want ads carefully.
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Enlist the aid of the salesperson who’s selling you your new car. Offer her a few hundred dollars if she finds you a buyer. The fact that one sale hinges on the other along with the prospect of making two commissions may work wonders.
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Post notices on bulletin boards at your office or local supermarkets and place a "For Sale" sign in the window of the vehicle itself. Place a newspaper ad only as a last resort.
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