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Car Buyers vs Car Sellers

27 Aug 2014
Car Buyers vs Car Sellers

Many people believe that sales get down to a good vehicle, a good deal and the ability to provide a solution to a problem. Why does it happen so?

For a buyer it is more convenient to lower the price and get the best possible value for his money. Usually sellers may have to accept a lower price than they want to sell their autos for and do everything in order to sell their items. This is the ideal situation for buyers, because they can get a great deal.



Sellers think that the demand is larger than the supply. If it is not a profitable offer for them, they will just wait for several buyers, because other people might have more money to spend and they will be contesting to buy their property, which will drive the price up.

Of course they won't wait forever till one comes and offers a real good bargain price for his car, because the circumstances may change and turn not in his favor. This is an important factor to consider when you're deciding when to buy or sell automobiles.

I asked many sellers if they have ever sold their inventory for the asked price. Most of the answers were “never”.

So, the buyer controls the next steps and the prices. As a seller I want us to work less for the greater return. And such ways out exist! It’s something we all meet and don't pay attention. So lets take it from the beginning: at every market place unfolded in the past each buyer didn't need any convenience about what to buy and where. There are many types of markets and models of cars nowadays, which makes our/the selling more difficult. The sellers who consign their cars online don't have to characterize their cars for sale over and over again. In classifieds they create a page with the description and add the asked price, when one is interested he will call or come to his location and buy it. But there are many cases when people behave the same as they usually do at markets. The seller receives more calls instead of actual selling.



From my experience as a seller of 1994 Jaguar XJS with the asked price of $4100 tried to sell it at different places and only in one place I didn't lose from the price, conversely I won extra $3000. I don't want to make advertisements, I just want to show all the sellers that we can make the selling process more profitable! Thanks to Repokar Public Auto Auction I realized that car auctions give us a chance to increase our benefits without spending the time and money in vain.


Sellers need a strategy that is stronger than the buyers', one that puts them in the driver’s seat and the buyers in the sellers' control, because you both take part in what happens next. And don't forget that Buyers are also the main figure in selling process because without them the market will cease to exist. 

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