A lesson in car selling with Craigslist

As I mentioned in a previous post, I'm helping my sister sell her old car, a 1992 Volvo 240 wagon. I made a site with a bunch of pictures of the car, then posted the car on Craigslist. To come up with a price I looked at similar vehicles on Craigslist. A few cars were listed for more so I figured the listing would get some action. Wrong! So far we've only received one email about the car. That's after a day and a half on Craigslist. The initial asking price was $4,750 even though NADAGuides shows a "High Retail" of $4,300 and an "Average Retail" of $3,500. So we'll try lowering the asking price to a more reasonable level and see if the activity heats up. I'll keep you posted on the results.

Tags Car - Selling - Buying - Shopping - Tip