30

We tried to negotiate the price for some but the sellers were always firm. We ended buying one in a dealership with warranty within the same price and mileage range. Why people are selling cars in Craigslist for much above the kbb prices cars that are not even worth that? Apparently they are able to get those prices. If they weren't, they'd compromise ...


16

This is almost certainly not a scam. This is the seller trying to avoid any chance of you scamming him, with for instance a fake transfer. While I don't know details of Canadian motor vehicle laws, in the US such a cash transaction would be the normal way to handle a sale between private parties where there's no outstanding vehicle loan. FWIW, the only ...


14

They're not being sold for those prices, they're being listed for those prices. Are sellers expecting to be negotiated for a lower price more aggressively? Yes. (generally) Additionally, KBB and Edmunds can be a good pricing reference point, but they're not the bible or some sort of price sheet. Depending on the age of the car(s) you're looking at ...


13

Cars, (and stuff in general), are worth whatever someone is willing to pay, not what an authority like KBB says they're worth. Likely, the Craigslist sellers in your area either have a warped sense of the value of the cars they're selling, or they've seen comparable vehicles sell for about that price so they're going for it. If they want to sell quickly, ...


13

Electric bikes are a newish thing, and with it you can expect technology to improve. Considering that, the tech in your current bike, even if new might be considered antiquated in 3 to 5 years. Also you might consider the weather. Bikes need maintenance, and are sensitive to the elements. Without riding it, and being outside in a shed, the machinery ...


8

It's probably not the only reason but one aspect is probably that dealers get trade-ins for next to nothing. When you go in and start talking with a dealer, one of the first questions they will ask is "Do you have a trade-in" so they can leave a buffer in the negotiated price of the car you are buying. For instance, say a car has a sticker price of $25,000....


7

You are correct to be wary. Car dealerships make money selling cars, and use many tactics and advertisements to entice you to come into their showroom. "We are in desperate need of [insert your make, model, year and color]! We have several people who want that exact car you have! Come in and sell it to us and buy a new car at a great price! We'll give you ...


6

Its super challenging to do things like this in today's market and there are a number of reasons for this. You point out one: scammers. They are annoying and part of the cost of doing business. Make no mistake, selling stuff is work and a lot of times it is not enjoyable work. It also take patience. One thing that is working against you is the economy....


6

While in the interview stage you need one good outfit. Take care of them and they will see you through this stage of the process. Shoes, ties, shirt, and a suit can all be purchased on sale. The fact that you have months before graduation give you time to purchase them when there is a sale. Off-the-rack is good enough for a suit for this stage of your life....


5

Take an overall view: Expected depreciation in value + Insurance premium + Expected repair cost + Fuel consumption = Total cost of Ownership Some of these are a little bit hard to guess, but there are hints. Depreciation in value: For a normal everyday vehicle, this is quite easy - the less it costs, the less it will lose. Beware of vehicle going ...


4

What you paid for it isn't relevant. All that matters is what you can get for it if you sell now, and how much it will cost you to purchase a similar bike in the future. For this item, it is almost guaranteed that you can get more for the bike today than it will cost you to purchase the same bike in the future, so selling now is the right choice. It's likely ...


4

The sweet spot is often a late model year used car, maybe ~3 years old. These cars are often coming off of a lease, are still under warranty for another year, and are 30% (or more) cheaper than a comparable new car. It's like getting that new car feeling with the latest gadgets and features but at a screaming deal. If you really plan to keep the car for 10 ...


3

Disassemble the car If the car has a low market value and you're handy you could take the car apart and sell the various bits and bobs as used spares. It does mean you have to work for the money but some rare parts in your car may be hard to find from other sources. If you're good and the car is common enough your profits can easily exceed the market value ...


3

To me a frugal vehicle is more than 10 years old, has many miles and costs less than $3000. You should also check for hidden costs like registering plate tags at DMV and used vehicle sales tax, which will depend on your location. Some state DMV's might waive the used car sales tax on vehicles below a certain threshold. Other states charge higher tag ...


2

Paying tax is a Good Thing. However, warren has made good point and I would like you to consider this other thing: Go into your payees bank with the payee, get the money withdrawn from the teller and take it with you. Unless I am missing something, or the teller handed your payee fake notes, you are "safe"


2

I'm surprised it hasn't been mentioned, but there is an additional factor that inflates the prices on Craigslist beyond those advertised in local newspapers, magazines, etc.: It's free to advertise on Craigslist. Not only does it involve no financial expenditure, the investment of time and effort required is also minimal. (Unlike, say, putting up printed ...


2

Like the other answers, I'm not entirely sure the equivalent exists in your country. But in the US there are thrift stores run by charities like GoodWill or the Salvation Army that sell clothes for very little money. When my wife was in a similar situation very early in her career she learned the trick of driving to thrift stores nearest to the richest ...


2

I just sold my car. I saw the Carfax report for it. It listed the collision damage with the correct amount (someone else hit my parked car). It also listed every single piece of maintenance I did, plus how much I paid. It's not necessarily going to include everything. If Enterprise themselves did the maintenance, that wouldn't necessarily show up. In my ...


2

Yard sales and the occasional Craigslist sale are considered "casual sales" so generally are not taxable. There are, of course, exceptions, and laws vary by state. Source: https://www.avalara.com/us/en/blog/2015/04/sales-tax-reporting-on-casual-sales.html


1

It depends a lot on the terms of the warranty. Some are not transferable at all. Some require that the new owner registers the warranty. Some just require proof of purchase, such as the receipt. Warranties are in addition to statuary rights, not instead of them. Nobody is obliged to offer a warranty. You have no obligation to transfer the warranty to ...


1

I don't know anything about US law, I just did a quick search on the net. From store.irobot.com Is the limited warranty transferable with proof of purchase? No, the iRobot limited warranty is not transferable. Once you register your robot, you are the only one who can request limited warranty service for the length of the limited warranty. (Er.....


1

Sounds like you're a man, so you're in luck. Our formalwear all looks similar enough that you can get by on a very short rotation. You can buy 1 pair of decent slacks in a versatile color like navy or grey with a pair of brown shoes with matching belt then have as little as 2 button down shirts (white and light blue). You can help keep the button downs clean ...


1

I would not do a bill of sale for less, but a legal and safe way to reduce the taxes is to write separate bills for the boat, motor and trailer. The taxes are paid at different rates and will represent to full sale price.


1

The only issue I can see is that the stranger is looking to undervalue their purchase to save money on taxes/registration (if applicable in your state). Buying items with cash such as cars, boats, etc in the used market isn't all that uncommon* - I've done it several times (though not at the 10k mark, more along about half of that). As to the counterfeit ...


1

Yes, if they meet the ATO's criteria. Books, periodicals and digital information If the item cost less than $300 you can claim an immediate deduction where it satisfies all of the following requirements: It is used predominantly for earning assessable income that is not income from carrying on a business. It is not part of a set of assets ...


1

Of course, there is no fixed margin – it all will depend upon the condition of car, the model, make, year and all.


1

Here's an out of the box idea since most of the other answers are the in realm of what most people would do: Become an Uber or Lyft part-time driver Loan the car to someone who would possible want to become one and split profits with them.


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