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sparrows_silence t1_iy58i4t wrote

Reply to comment by mrwabblewabble__ in LPT for selling my first car? by mrwabblewabble__

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.

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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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