Submitted by mrwabblewabble__ t3_z720ck in LifeProTips
sparrows_silence t1_iy4d86y wrote
Reply to comment by Passe_Myse in LPT for selling my first car? by mrwabblewabble__
Great info, when selling your car, go to carmax and get an appraisal or an ACV (actual cash value) from at least 3 dealerships. This can put things into perspective when looking at multiple dealerships to sell your car to. What year is your 350z?
mrwabblewabble__ OP t1_iy4khcn wrote
Appreciate the info this helps a lot and a 2006 around 170k miles
sparrows_silence t1_iy58i4t wrote
Age of the vehicle and the miles on it probably will see a below average price when selling it on your own but if you pad the numbers after your appraisal you should be able to get slightly more. In a nutshell, credit unions and banks will not finance that car unless you have great credit. Typically it's less than 12 years and 120k miles.
sparrows_silence t1_iy59llm wrote
Also Facebook marketplace has a lot of protections in place to secure any transaction and going through that way where you receive payment digitally instead of cash because it easier to to have a digital receipt as well as a tax write off next year. Also depending on your state, you will need that transfer of your title as well as any state applicable taxes that the person you sell it too is aware because they will have to pay taxes on that purchase.
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