How much over book value can i sell my car for?

Question

blue book value for my car is $8375, how much over that can i go when placing it for sale, thanks

its a 2001 honda civic lx

and i added a cd stereo to it.

Answer 1

The value of anything is dictated by the agreed price of a willing seller and a willing buyer. Just ask anything you like, but the value is what the other guy offers and you accept.

Answer 2

I wish you had stated what kind of car it is. Although there are a variety of book values (Trade-In, Private Party, Wholesale, Retail, etc.), those are all only guides on what your car is worth - not actually the true Value of your car. The market drives the actual values of vehicles. I'll give you an example. If your car was a Ford Taurus that had a wholesale value of $8375, I don't think you could sell it for any more than $5k. If it was a 4x4 Toyota Tacoma, I as a dealer would offer you $11k or more - and you could probably get $13k on the street. (Depending on condition of course) If it was a Honda Accord, it would probably sell around $8-$9k.
You can ask whatever you want for a vehicle, just remember - you can always lower your price, but you can't go up! Good luck.

Answer 3

There are many ways to sell a vehicle, online or offline. We understand the blue book shows $8375 for your car but it really depends on the final offer price. Here are some steps we'd suggest you to take before you act:

1. Compare multiple "Blue book" value to the "private party" listing and see what you could get if you decide to sell on your own.

Blue Book Value link:
http://www.autosbargain.com/index.php?op...

Private Party Listing link:

http://www.dpbolvw.net/click-1704719-568...

2. Take your car to your local used car stores for appraisal. Sometime you'd be surprised that the vehicle is actually worth more than what you had in mind. Sell your car directly to an independent lot can save you a lot of work and time compare to selling it on your own but also means less money.

Remember to check if there's a Carmax store near you, they usually offer the best price:

http://carmax.com/dyn/webuy/webuy.aspx...


Good luck!

Answer 4

Ther are several "book" values. Retail is the highest, wholesale is the lowest and trade in value just above wholesale. Deduct any blemishes, equipment that does not work, and adjust for your area. If you are interested in a quick sale price it low. If you do not care how long it takes to sell it price it high.

Answer 5

You can legally sell it for any price you want to but just be prepared for the backlash. I heard about a guy who sold a car in a newspaper add clearly stating that it was in need of repairs for almost 2000 more than the blue book. He was sued by the purchaser but won in the court of law because his advertisement did not try to hide the required maintenance issues. So sell away good luck in ripping someone off.

Answer 6

It's recommended to buyers not to pay any more than 12% over
Blue Book

Answer 7

zero.... people will go some where else...