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5 WAYS TO SELL YOUR GAS GUZZLING SUV

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5 WAYS TO SELL YOUR GAS GUZZLING SUV Powered By Docstoc
					5 WAYS TO SELL YOUR GAS GUZZLING SUV


You're sick and tired of paying $100 every time you fill up your SUV at the
gas pump. So, like a lot of other people these days, you're looking to
unload that gas hog. Trouble is, that "lot of other people" out there flooding
the market with SUVs. Well, don't despair. The people at SmartMoney.com
offer tips on how to sell your SUV.

Here are five ways to help you get the best price for your gas guzzler and
expedite the process.

1. Be Your Own Salesperson. Owners almost always get a better price for their
car when they sell it on their own vs. trading it in. This is especially true for SUVs.
Dealers already have a hard time getting rid of the used SUVs clogging up their
lots, and the market is so bad that some dealerships won't even accept SUVs as
trade-ins anymore.

2. Price It Right. The fact that used-SUV prices are falling fast is not lost on
potential buyers. So when selling an SUV, make sure to check its current value
on Kelley Blue Book's web site. Then check to see what comparable SUVs are
selling for in your area. For owners desperate to sell their SUV quickly, consider
pricing it $100 to $200 less than the cheapest comparable car in the region.

3. Advertise Online. Sixty one percent of used-car buyers start their search
online, according to AutoTrader.com. So it's critical that you list your SUV on a
web site. By reaching millions of potential buyers online, you can compete
directly with dealerships. Since an owner doesn't have overhead costs to worry
about, he could list his SUV for less than a dealer, making his vehicle look like a
bargain.

4. Provide Plenty of Details. To help your ad gain more traction, include as
many details about your SUV as possible. Autotrader.com recommends posting
at least 25 pictures that highlight the vehicle's best features, including shots of
the cargo space, fold-down seats and its general condition. And as you should
with any car listing, include photos of any scratches or dings, as well as the
odometer showing the SUV's mileage.

5. Build Credibility. Finally, work on building credibility with prospective buyers.
Provide them with all maintenance records and a Carfax Vehicle History Report.
The vehicle history report, which costs $25, details factors that every buyer
should know, including whether or not the SUV was ever in a serious accident or
flood. Also, consider paying an independent mechanic to inspect the car (it
should cost about $150) so buyers feel confident they aren't getting a lemon.

				
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