Selling a late model car.
Being only 27, most of my cars have been junkers that I bought and sold for under $2500. I've never had a hard time selling them on Craigslist, there's always a market for a good reliable cheap car.
I lived in NYC for several years, obviously a car isn't necessary in the big Apple.
My wife was accepted to Harvard Law School in Boston, which is a huge achievement, and we moved up here a few years ago. We were fortunate that her father bought a new car for us, as a gift.
It's served us well over the years, but she was offered a big fancy job in NYC when she graduates, and we will be selling the car before we go.
It's a 2011 VW Jetta Diesel Wagon, with it's current mileage and condition, KBB.com says it's worth anywhere between $17,500 and $20,404.
I'm not looking for the highest bidder or anything, just looking to get a fair price for it and make it a not so stressful transaction.
With a car worth $2500, throwing it up on Craiglist is easy, $2500 in cash for a car is obtainable for most people.
How does one sell a car worth over $15,000? Not everyone has that kind of cash, and most typically finance preowned cars.
You can still do it the same way. Advertise it in the newspaper or eBay or whatever. The buyer will likely borrow the money from their bank or credit union. The lender will pre-approve a range of prices based on the year, model, and mileage. Once you agree on the sale price, you go with them to the bank, sign over the title, and the bank hands you a check. It's been a few years since I did it, so my memory is a bit fuzzy, but it was no big deal.
How early before should I move should I put it on the market? I was thinking 3 months.
You could also use one of those square things that plugs into your phone to accept credit/debit cards.
Congratulations to your wife by the way; making it through Harvard Law School is no easy task.
ask for a bank check or money order of some sort
and make sure you have a proces where you can quickly call your bank up to check up on the check to make sure its real
post it on autotrader or cars.com
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