selling a car in Mississippi

How to Sell Your Car in Mississippi

Do you have a car lying around that you rarely drive? Maybe you’re looking to get rid of your current vehicle for a down payment on a new one? Either way, you’re no doubt looking for the best ways to sell your car in the Mississippi area and beyond.

Most people default to the classic ways of selling a car: hanging a sign on it and leaving it in a high-traffic area. Unfortunately, it’s a strategy that’s as risky as it is simple. Someone can break into your vehicle if they notice it’s being sold and not watched all the time.

You may also wonder how effective it is, which is a fair question. Even with hundreds of people driving by your car weekly, not many will read it and even less will call. A far more effective method is to sell your car yourself with the help of car selling apps and websites like:

  • AutoTrader
  • eBay Auto
  • Carmax
  • TrueCar
  • Kelley Blue Book

Steps to Selling Your Car

The first thing you need to do is gather all the necessary documents and figure out which you will need to complete the selling process. You do not want to approach selling your vehicle with a flippant attitude. Buyers will sense it and may get frustrated and simply go elsewhere if they feel that you’re wasting their time. Being prepared shows that you are serious and will help you sell your car as fast as possible.

After gathering the essential documents you’ll need, you can begin the next steps of deciding on a selling price, advertising your car, and screening buyers. If you want to sell your car to a dealership, the car selling process is pretty much the same except you do not need to advertise. You simply go to various dealerships and gauge their offers.

Decide on a Selling Price

You can decide on a great selling price that is reasonable by looking at how much other vehicles with the same make and model are selling for. The easiest way to do this is by checking an online car index like Kelley Blue Book. This is an important step because if you don’t have a reasonable price, then most buyers in Mississippi will not even bother to contact you to haggle.

Advertise Your Car

Instead of going the old-school route of marking your car for sale with a message scrawled on the windows, in the internet age why not try and advertise online and get your car in front of as many possible eyeballs as possible? There are various sites out there that will let you advertise for relatively cheap.

Screen Buyers and Finalize

When taking inquiries, you should always make sure to screen buyers beforehand. Meet up in public places with plenty of traffic and cameras to ensure the safest deals if you are dealing with them in person and not online. If you sell through an online marketplace then you most likely have to do the transaction digitally which lowers the chances of a negative experience.

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Related content: How Car Title Loans Can Help You With Moving Expenses

 

Need Cash Quick? Consider a Loan

If your intention in selling your car is to make some quick cash, then you may be out of luck as selling your car for a reasonable price can be a long and drawn-out process. Instead, you should consider a payday loan or signature installment loan. Mississippi Title Loans Inc. provides completive loan products with multiple stores conveniently located throughout the state. You can find your nearest loan company location here.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Mason Roberts

Mason Roberts is a seasoned economics writer and blogger with a knack for breaking down and simply communicating the ever-changing world of finance. He is philosophically committed to the premise that financial knowledge equals financial freedom.