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25 Mistakes People Make When Selling a Vehicle

U.S. News & World Report Logo By James MacPherson of U.S. News & World Report | Slide 1 of 26: If you own a vehicle, chances are you will eventually have to sell it. Regardless of your reasons for parting with it, you will undoubtedly want to get top dollar. So, forget “caveat emptor” (Latin for let the buyer beware). When it comes to selling your old vehicle, “caveat venditor,” or let the seller beware, should guide you.Whether you trade it in at a dealership for a new model, or sell the vehicle privately, there are numerous mistakes that could unnecessarily raise your costs. Other errors could actually put you in physical danger.The following slides outline errors you don’t want to make when you decide to sell a car. The first eight slides deal with errors that could cost you money, usually in transactions at a dealership. The second group of slides addresses mistakes to avoid when selling your vehicle privately.

If you own a vehicle, chances are you will eventually have to sell it. Regardless of your reasons for parting with it, you will undoubtedly want to get top dollar. So, forget “caveat emptor” (Latin for let the buyer beware). When it comes to selling your old vehicle, “caveat venditor,” or let the seller beware, should guide you.

Whether you trade it in at a dealership for a new model, or sell the vehicle privately, there are numerous mistakes that could unnecessarily raise your costs. Other errors could actually put you in physical danger.

The following slides outline errors you don’t want to make when you decide to sell a car. The first eight slides deal with errors that could cost you money, usually in transactions at a dealership. The second group of slides addresses mistakes to avoid when selling your vehicle privately.

Click through the slideshow

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