Mort Guffman wrote:
> I have finally decided to buy a new car. I am
> embarrassed to say what
> I'm gonna buy in this newsgroup...
>
> However, The Stealer has offered be a generous
> $6000 for my 98 Cobra.
> I might be able to squeeze another $500 out of
> him. Based on what I
> see in Auto Trader I think I could sell it
> myself for 7500-8500.
> Here's what I have:
> mort
The asking prices you see in auto trader are
probably not what people are actually getting for
their cars.
Selling it yourself requires some cash outlay for
advertising. And then there's the hassle of all
the people who call and look but really have no
intention of buying. Or they want to give you a
ca****er's check from the bank of ireland. And, of
course, it might take you 3-4 months to sell the
car.
Each state is differant, but there might be a tax
advantage to a trade in. Here in CO, you pay
sales tax on the purchase price - trade in. With
a $6,500 trade in you save $487 in sales tax.
--------
..boB
2006 FXDI hot rod
2008 Mustang Coupe
2001 Dodge Dakota QC 5.9/4x4/3.92
1966 Mustang Coupe - Daily Driver
1965 FFR Cobra - 427W EFI, Damn Fast.
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