If you are ready to purchase a new truck, you'll want to find out the value of your current truck. You will need to know your used pickup's true worth in order to determine whether to trade it in to the new truck dealer or sell it yourself: Knowing the value of your truck will keep you from accepting too low of an offer for your vehicle or getting ripped off by a car salesman. And if you're looking at a used pickup to purchase, you'll want to know its true used value so you can be sure to get a fair deal.
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Step 1
Go to the Kelley Blue Book website. A link to the site is in the Resources section below. The Kelley Blue Book is widely accepted as an accurate source for finding the value of a used vehicle, including a truck.
Step 2
Locate the 'Used Car' box on the home page and click the red 'Go' button.
Step 3
Use the drop down menus to select your truck's year, make and model. Click on the red 'Go' button when you have done this.
Step 4
Step 5
Select either 'Trade-in Value' or 'Private Party Value.' Record the resulting figure in a notebook, then check out the other. This will help you compare the results so you can make a decision as to how you want to sell your used truck.
Step 6
Check all of the boxes next to any additional equipment you have on your truck. Then enter the mileage on your truck. Once you have done this you will need to click 'Continue.'
Select either Excellent, Good, Fair or Poor from the list. This refers to the condition of your truck. Be honest. If your truck is in poor condition, choose poor. You will get an accurate value for your used car once you click 'Continue.'
Tips
- Print out your results so that you can use it in the negotiations of the sale of your truck.
- Ask the reference desk at your local library for a current copy of the Kelley Blue Book if you do not have the Internet.
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Many of the steps to sell a used commercial truck are the same for selling any other vehicle. You will need to gather together all relevant documentation and legally transfer ownership when the vehicle is sold. The main difference versus selling a consumer vehicle will be the options for advertising the used commercial truck. There are websites and publications specifically suited for getting the best exposure and improving your success for a quick sale.
Determine Value
Step 1
Gather basic information such as the make, model, year and mileage of the used commercial vehicle.
Step 2
Gather together all documentation, including owner's manuals, title, registration and any other relevant documentation for the vehicle.
Step 3
Inspect the commercial truck to assess the condition, such as paint discoloration, chips, dents and condition of the interior.
Step 4
Document accident history and the work done at a repair shop to fix damage from any accidents.
Step 5
Document routine maintenance such as oil changes, condition of tires and filter replacements.
Compare the information gathered with that for other used commercial trucks to determine your selling price. The selling price should be somewhere in the middle of the range between the highest and lowest prices found.
Advertising Options
Step 1
Place advertisements in local newspapers and other publications that have a section for selling used vehicles.
Step 2
Visit or call local commercial dealerships and inform them of the used commercial truck. Ask if they would buy or spread word of the vehicle you have for sale.
Step 3
List the used commercial truck for free on the UsedTruckListings.com website.
Step 4
Post flyers with all relevant information and at least one photo in truck stops and at parts stores that allow flyers.
List the used commercial truck for free on CraigsList.org in your local area. Although the majority of the vehicle listings on CraigsList are consumer vehicles, the high volume of visitors increases the probability that someone visiting the site will see your ad and know someone who may be interested in the commercial truck you have for sale.
Tip
- Be honest about the condition of the vehicle. When a potential buyer is looking at the vehicle, make sure the condition stated was accurate so that he is more likely to buy and there will be no surprises. Make sure to include contact information such as telephone numbers and an e-mail address on all advertising and flyers.