Figuring a used car selling price is absolutely necessary for being able to sell your used car fast and for as high a price as is possible. If you price your old car too low then it will sell fast but you’ll leave lots of money on the table. Price it too high and you won’t be able to sell it.

If you do these things, then it is totally possible to put $300.00 to as much as $1000.00 or more in your pocket.

Here’s how to figure a used car selling price…

The first thing to do is to go to www.nadaguides.com and www.kelleybluebook.com and plug in all the particulars about the car you’re going to sell.

For “real world” comparisons in how to figure a used car selling price, check out www.autotrader.com for the same type of car. If you don’t find a car like yours for the same year and model, or not enough of them from your area, then broaden your search geographically realizing that the farther out you go the less accurate the selling price might be because used car prices can vary by location. That may not apply if your car is unique, like a rare sports car, classic car, exotic, etc.

If you use the classified ads for “comps” (comparable vehicles), then you want to stay as close to the same parameters you used for Kelley Blue Book and Nada Guides, which are….

• Same make, model and year.
• Same engine with similar options.
• Close to the same mileage.
• Similar condition – mechanically & aesthetically.
• Close to the same geographic area.

This is an essential step and should only take a few minutes of searching. If your search reveals that Kelley Blue Book says that your car is worth more than Nada Guides or the classified ads, then go ahead and use that figure as a starting point for how to figure a used cars selling price.