Question

Consider three possible methods to sell a

car that you own:

1.Advertise it in the local newspaper

. 2. Take it to a car auction.

3. Offer it to a second-hand car dealer.

Would your reservation price be the same in each case? Why?

If you used the first method, would you advertise it at your reservation price? Which method do you think would result in the highest sale price?

Which method would you choose?​

Answer 1

i wouldn't have chosen 2nd option. to sell something to a customer, u need to create that necessity for which they would be willing to buy it. i would have first created some rumour about my car to that would have made my car bit famous and they would have auctioned for it.simple

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