A buddy of mine has a $50,000 pick up truck that he shouldn't of bought. He now wants to sell it. What do you think would be the best way to get the most out of it? Craigslist, Ebay auction or buy it now, or a sign out by the road. Thanks, Bill ( No it is not mine, my newest pickup is a 2006 )
- Thread starter Hoofer B
- Start date
rustyfarmall
Well-known Member
If it is still fairly new, price it at $30,000. Should be gone in a flash.
johnofnewhaven
Well-known Member
X2
If it is a lemon and you don't want an angry buyer coming back at you, take the dollar loss and trade it into a dealership or sell it at a consignment place or auction, maybe the E-bay auction.
If it is a good truck and personal finances are the problem, clean it up nice, get it detailed ($150) and sell it privately for the best money. Use as much free/cheap advertising as possible: Craig's List; Facebook; Auto Trader in a large nearby city. Take a lot of pictures and include a lot of details in your ads.
If it is a good truck and personal finances are the problem, clean it up nice, get it detailed ($150) and sell it privately for the best money. Use as much free/cheap advertising as possible: Craig's List; Facebook; Auto Trader in a large nearby city. Take a lot of pictures and include a lot of details in your ads.
1948CaseVAI
Well-known Member
Hope he understands that selling it does not get him off the hook if he is upside down. If he is very far upside down he may as well let the bank have it and take the credit hit unless he has the gumption to get a 2nd or 3rd job and pay for the mistake.
Bruce from Can.
Well-known Member
- Location
- Woodville, Ontario, Canada
Only way I know you could sell a used pickup for 50 grand would be to have bought it last year for 80 grand
Goose
Well-known Member
If you go to Craig's list, you'll see all manner of pickups for sale for $30,000 to $50,000. You have to wonder about the circumstances on them. I suspect most of them are upside down and trying to salvage what they can.
The fact is, on a $50,000 pickup, unless you have a whopping down payment or high dollar trade in, you'll be upside down when you drive off the lot with little hope of reversing the situation.
The fact is, on a $50,000 pickup, unless you have a whopping down payment or high dollar trade in, you'll be upside down when you drive off the lot with little hope of reversing the situation.
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