Yes, it’s possible to turn a nice profit selling to a private party. But first you’ll have to price your car accurately to benefit from its full market value, which probably means paying for a professional valuation. After all, if you price it too high above the MSRP or KBB value, even the most enthusiastic car buyer won’t be interested. If you go too low, you’ll lose money.
Additionally, you still need to find someone who actually has the financial means to purchase your vehicle in full and with cash. In other words, you need to weed out those who feign interest in actually purchasing your Rolls Royce for the sake of taking a once-in-a-lifetime test drive. Finding someone who meets these criteria can be difficult — and you’ll have to do all of this yourself.
It’s plain to see why many Rolls-Royce private sales drag on for 2-3 months. And during that time, you’ll still have to make car payments, all while your car continues to depreciate. Even if you make a profit, you could needlessly lose thousands of dollars.’
You love your Rolls Royce vehicle. You have worked hard to keep it in showroom condition. You don’t deserve the hassle; you deserve better.