Cami05
I want to sell my 98 Chevy Malibu because I just bought a new car and I didn't trade my Malibu in. It has 164000 miles on it but other than that is in good condition. It has a cd player cloth seats and it a Malibu LS how much should l sell it for??? thanks in advance
Answer
DO NOT go by Kelly Blue Book...... That price guide is for chumps and car dummys..... I don't know what planet the people who write that rag are on because they are always wrong!!!!!
Of course by all means check what it says your car is worth.....
Use that info on the public....
In reality your malibu is worth its basic transportation value.... Depending on condition maybe $1500 to $2000.........
Ask 2 grand on craigslist --- if they buying public wont cough up that much cash just keep going lower till the right guy comes along.....
WAIT till after new years to try to move it -- nobody buys cars this week...... Of course advertise it but don't hold your breath for the phone to ring until a couple of weeks......
DO NOT go by Kelly Blue Book...... That price guide is for chumps and car dummys..... I don't know what planet the people who write that rag are on because they are always wrong!!!!!
Of course by all means check what it says your car is worth.....
Use that info on the public....
In reality your malibu is worth its basic transportation value.... Depending on condition maybe $1500 to $2000.........
Ask 2 grand on craigslist --- if they buying public wont cough up that much cash just keep going lower till the right guy comes along.....
WAIT till after new years to try to move it -- nobody buys cars this week...... Of course advertise it but don't hold your breath for the phone to ring until a couple of weeks......
I want to start a car rental business no francise who to contact, where to start & to get info can't find?
Darney H
I can't find any info on how to start and who to contact. please don't just tell me to see a lawyer, I already know that. I would like to speak with some one knowledgable that has done the same. or anyone who can really help me. thanks and god bless.
Answer
First, before you actually go through to buying/leasing any cars or doing anything try to talk to anyone you may know who is the car rental business or runs a car rental business. Even if it just a friend who worked as a cashier at a rental car franchise/chain location. Their experience and insight will be helpful.
Second, about half of all businesses fail with the first year and about 80% fail in the first 5 years. So, make sure you put together detailed budgets of what your expenses will be and what level of business you need to get to cover your expenses and make a profit. I think your biggest expenses will be rent on the location, the lease cost of the vehicle(don't buy the cars since you will be trading them for new models in a couple years anyway plus the lease payments will cost less than the monthly payments) the insurance on the vehicles, advertising, payroll for the people who clean the cars and run the shop. Talk to vendors in insurance, car leasing, advertising etc to understand what things will cost before you get into anything.
Finally, make sure that you know for sure that you can make a profit before you get started with anything. If you are going to do it then organize an LLC(limited liability company) that will legally own the business. The LLC creates a legal entity separate from yourself in order to protect your personal assets from lawsuits etc. You don't need a lawyer for that, just get a book like Starting an LLC for Dummies.
First, before you actually go through to buying/leasing any cars or doing anything try to talk to anyone you may know who is the car rental business or runs a car rental business. Even if it just a friend who worked as a cashier at a rental car franchise/chain location. Their experience and insight will be helpful.
Second, about half of all businesses fail with the first year and about 80% fail in the first 5 years. So, make sure you put together detailed budgets of what your expenses will be and what level of business you need to get to cover your expenses and make a profit. I think your biggest expenses will be rent on the location, the lease cost of the vehicle(don't buy the cars since you will be trading them for new models in a couple years anyway plus the lease payments will cost less than the monthly payments) the insurance on the vehicles, advertising, payroll for the people who clean the cars and run the shop. Talk to vendors in insurance, car leasing, advertising etc to understand what things will cost before you get into anything.
Finally, make sure that you know for sure that you can make a profit before you get started with anything. If you are going to do it then organize an LLC(limited liability company) that will legally own the business. The LLC creates a legal entity separate from yourself in order to protect your personal assets from lawsuits etc. You don't need a lawyer for that, just get a book like Starting an LLC for Dummies.
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