JJB236

Thanks for the great suggestion. Gonna look into the market in her area too.

rons2112

I would counter just slightly higher than half the difference between what she offered and what you are asking. Let her negotiate it down just a little bit more, and she will definitely feel like she negotiated a great deal, and you will know that you worked it perfectly. Everyone wants to feel like that got a deal, so make her work for it a little and she will appreciate it. Just my opinion.

JJB236

I really appreciate all your input. They are invaluable since its coming from a 3rd party looking at it objectively. Seller can get greedy...

Hey, who said P car drivers are arrogant ***** ? I'm getting closer to my 997.

Ucube

If the 'zona buyer is reading this thread, then you're outta luck...

JJB236

Yeah, I have a buyer who is willing to pay $36k.

Does the buyer need to pay sales tax?

Ucube

If the buyer's state has sales tax, then of course.

MUSSBERGER

All I know is in Jersey the private seller doesn't collect sales tax. They'll get their pound of flesh when its registered.

JJB236

While I'm negotiating with the Arizona buyer, I received another call who is willing to pay the full asking price. He is about 30 miles from me in CA. I heard from somone that used Porsche 911 values have slightly gone up for some reason. And these past two days, I already had 3 inquiries. I could possibly get very close to the KBB Private-Party-Value, and I am so stoked. Thanks to all you guys. I can see that 997 C4 in my driveway real soon.

Gotta go get all the paperwork ready to close the sale. Good thing I didn't trade it in at $26K. Someone in this 997 forum said to be ready to bend over at a dealer trade-in. Cheers.

JJB236

Thanks for the info. Does the buyer keep my license plate? Can he apply for a new one at the time of the sale?

tkids

http://www.dmv.ca.gov/vr/topbuysell.htm should anwser some questions.

make sure you fill out this form:

http://www.dmv.ca.gov/online/nrl/welcome.htm

JJB236

I'm definitely buying a round of beer for everyone here

JJB236

A few people are coming to check out the car. Obviously, they would want to drive it on the local streets, and probably on the freeway too. But before the seller allows the potential buyer to test-drive, shouldn't the seller check to see his/her credit or their ability to pay for the car, at least...? Maybe his bank statements, etc.???

Leader

In CA the license plate stays with the car. Exception being if you have an Environmental Plate (vanity plate), then that plate you keep and the buyer will have to get new plates.
But, if the car has a normal, sequential plate, the buyer will reregister the car in his name and get a new "year" tag with a new registration number on it for your old plate.
Something tells me you've never sold a car before. If you're a member of AAA, they are a great resource for all this kind of information...might help you insure you don't forget something.

spiderv6

Are you for real? You want to see peoples bank statements before you let them test drive your car?

daddyscar

We handle cash daily at my business. Been luck to not get any fake money the first four years but ran into two fake $50's and a fake $20 in the last two. The biggest red flag is the feel. Real money has a slightly rough texture. Two fake bills were too smooth. The third felt right but it upon closer inspection it was two bleached dollar bills stuck together with a fake ribbon and reprinted as a $50.

Back to original topic, I've sold three cars privately. With all three I went with my gut instinct and had my 'bs' sensors on high alert:

1. First I sold a leased bmw convertible. I think I got lucky and found the right buyer. He simply trusted me to send his personal check to pay off the lease buyout amount and transfer the title. He called his bank in front of me to verify the balance but this still is not a good way to certify the check. I trusted him to take the car before the check cleared. He actually left his old miata in my parking spot and let me drive it as he didn't have a parking spot for it (very fun car). Too trusting but I felt comfortable with the buyer and all was good. Probably wouldn't be so trusting again.

2. Sold a bmw sedan, no loan title in hand. I went to the buyers bank and he ordered a cashier's check in front of me. Funny part was the buyer happened to be Russian with a very popular Russian first and last name. While finishing the transaction my wife called all worried because her co-workers were telling her about all these Russian car scams. I'm standing right next to Boris Smirnov (not real name) and she's asking, "what's his name?". By that time I had a good feeling about the buyer so I just started laughing. I exchanged the cashier's check for the title. All was fine.

3. Sold a land rover suv, had a loan. I first paid off the loan to get the title to make the transaction go easier but it took 3-4 weeks to get the title. After two weeks I found the right buyer looking for exactly what I had. From emails and conversations I also got a good vibe from the buyer. We met at my bank. He had a check from his credit union and we agreed that I'd fedex the title once the check cleared. I called his bank to verify funds. I ended up just giving him the title at the time. All was fine.

I actually enjoy selling my cars as I've met some interesting people and I love hearing their car stories. I think it helps to have a somewhat interesting car to sell. But I'm more likely now to trade in to save time.