Craiglsist Cars (2024)

FAQs

How effective is Craigslist for selling cars? ›

It's proven that car buyers on Craigslist tend to convert much quicker than on any other classifieds. The conversion rate on Craigslist can be as high as 10%, and that's huge. On the other hand, when you list your cars on Craigslist, you're not just advertising the cars but also your dealership.

selling for $1. While some gifters decide to sell the vehicle to the recipient for $1 in hopes of avoiding gift taxes, it's not always the best idea. For one, it doesn't make the process easier: Gifters must still jump through documentation hoops to complete the transfer.

One reason is that the company wants to make money from its website. Another reason is that it wants to reduce the number of spam posts on the site. By charging for each post, Craigslist can ensure that only legitimate ads are posted.

It is completely safe to give out your VIN (it is within plain sight, after all). Sharing your VIN when selling your car is critical to you getting the best value for your vehicle. Being transparent with buyers is how you get top dollar for your car and avoid any legal snafus in the future.

Dealerships don't want you to pay cash because they don't earn a commission on arranging financing.

Value Over Status: The choice of car for many millionaires was based on weight, reliability, and functionality rather than status. They often looked for vehicles that offered good value for money and would last long.

Overall, only 8.5% of these high rollers paid cash. Around 31% leased and 60.4% took out a loan with an average payment of $2,201 and an average term of 56 months.

Often, 100,000 miles is considered a cut-off point for used cars because older vehicles often start requiring more expensive and frequent maintenance when mileage exceeds 100,000.

What not to say to a used car salesman? ›

There's no rule to how many miles on a used car is too much, but by attempting to stick to the 12,000 miles per year rule is a great place to start. Find out how old the car is, multiple the number of years by 12,000, and if the number on the odometer is significantly higher than that, some concern might be warranted.

Complete any DMV paperwork to transfer the car title to the buyer. You may need to fill out a release of liability form so no one holds you responsible if the buyer gets into an accident immediately. Contact your auto insurance company about updating your policy.

Although you're encouraged to remove ads once they're no longer valid, Craigslist does automatically remove ads according to a timetable it has established. This timetable gives each ad a maximum of 45 days on the site, depending on the locale and posting type.

Do People Still Use Craigslist? Absolutely. You can search your local area on Craigslist and find used furniture, cars, rentals, and even jobs. However, because so many Craigslist alternatives exist, it is no longer a one-stop shopping powerhouse when it debuted in 1995.