My Mini will be ready soon and I'm selling my Toyota Tacoma. I haven't had much response from an ad I ran. I think I priced it too high. ($14,800) This is what most dealers seem to be asking. The pricing guides suggest a trade-in value of $12,500. What do you think is a fair price?

 

Go to http://www.edmunds.com and http://www.nada.com to obtain more accurate and down to earth used car values in comparison to Kelly Blue book. Edmunds gives you a True Market Value (TMV) price based on your car model, marque, condition, mileage, region where you live and equipment. Also if you go to their message boards (I think the forum is "Smart Shopper&quot there is a poster there called Terry (RRoyce10 is his screen name) and he is a very seasoned used car appraiser. He can help you (for free) to determine the actual value of your truck based on the variables I noted above.

Also to get a rough idea, you can get your truck appraised at Carmax for free (www.carmax.com) and see how much they'll give you for it if your were to turn it in to them.

If you have a nicely kept Toyota tacoma, it pays off to sell it by yourself. Try putting an ad in your local paper (Internet ads, contrary to popular belief, are very slow and generate very few leads and phone calls).

I am going through the same process as yourself as I will be selling my showroom pristine 2001 Chevy Impala LS sedan once my '04 Cooper 'S' arrives here sometime in October.

Is not exactly a fun process but its worth it if you take the time and effort to sell your car on your own. Resist the temptation to trade in unless no one wants your car.

Toyotas are typically easy sell vehicles due to their quality reputation. If you haven't got any calls I am afraid you are pricing your truck very high. Remember that private sellers can't compete with used car dealers, so you need to price your truck more in tune to reality. Dealers can issue warranties, hefty discounts to advertaised prices....you can't...see my drift?


Good luck and if you have any questions, shoot me a private message this way.

 

Sorry for posting this twice. I made some kind of mistake. Yes, I know that the price is too high--now. I'd seen a Blue Book value on it a few months ago and I went with it. My memory may have been bad or perhaps the values have dropped.

I sort of think it's worth more than the trade-in price on those guides, however. Thanks for the tip about edmunds.

 

Sorry for posting this twice. I made some kind of mistake. Yes, I know that the price is too high--now. I'd seen a Blue Book value on it a few months ago and I went with it. My memory may have been bad or perhaps the values have dropped.

I sort of think it's worth more than the trade-in price on those guides, however. Thanks for the tip about edmunds.