Kelly Used Car Value

Q.I'm planning on getting a new 5-series when MY2001 is available. My dealer will trade one of my present cars but suggested that I'd do better selling them privately. I have reservations about this. I'm somewhat concerned about getting calls from strangers at odd hours. I'm wondering what to do about those who want "demo" drives. (I should say that one car is a cherry '89 535 and the other is a '98 M-roadster) so there's a very good possibility that prospective buyers will want to try them out. I'm trying to avoid 1) wasting time on non-serious buyers, 2) abuse to the cars from "test drives" by careless/incompetent drivers, 3) tying them (and myself) up for hours at a time while a buyer takes them for independent inspection. I guess my questions boil down to: * If you've sold one or more of your cars, how did you do it and what ground rules did you use? * How would you go about selling these two vehicles? * If you had it to do over again, would you sell privately? * Do you have any words of wisdom how to make a private sale a good experience for both buyer and seller? I'm not at all inclined to try to rip anyone off. Both of the vehicles I'm selling are in excellent condition and have been, garaged dealer-maintained with records. I'm a BMWCCA member and will take advantage of the classified ad privilege.

A.In these modern days of "internet information", almost anyone can access used car value information from sites such as KBB.com (Kelly Blue Book). Selling a used car on your own to get more money for it is getting tougher. People know what the trade in and retail values are and always try to buy the car as close as possible to the "trade in value". Based on my recent experiences of selling used cars you are better off doing research to find out what your cars are worth to the dealers (kbb.com), then come in with that info and get the best possible deal you can on your trade. This will eliminate all the hassles of selling the cars yourself, which can be a nightmare!!!

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