• Home
  • About
  • Advertise
  • Contact
  • Policy
  • Guest Post
  • Archive

One Cent At A Time

A Personal finance blog to get rich

  • Email
  • Facebook
  • Pinterest
  • RSS
  • Twitter
  • Beautiful Life
  • Becoming Rich
  • Beginners Guide
  • Extra Income
  • Productivity
  • Saving Money

Weekly Chit-Chat, Roundup and Gratitude

May 12, 2012 11 Comments

Share this:

  • Tweet
  • Email

I finally sold off my broken car on Craigslist.  I wasn’t expecting more than $500 for it, but, just to taste the water I put an ad in Miami Craigslist, offering the car for $1,200. I described every problem the car had, including blown head gasket, needs for new radiator and battery.

I also mentioned about two of the power windows which don’t work, a service light which needs attention along with a list of scratches and dents. I thought people would get scared off seeing the listing, so, I mentioned that this car is only useful for the mechanics, who can fix and resell for profit.

Those words spread like wild-fire. Within next few hours I received nearly 50 calls and text messages. Finally the first guy who came-by to check bought it. It helped in negotiation that while he was inspecting the car, I received two consecutive calls from other interested buyers. The car was sold for $1,200 cash then and there.

This is what it looked like in 2005

Why I think this is a good deal?

The KBB market value for fair conditioned Hyundai 2002 Hyundai Elantra was $2,600. The head gasket replacement , along with radiator and battery was lowest quoted at $1,700. So, financially I didn’t make any loss selling it for $1,200. I made a loss already when the car broke down couple of months back. I didn’t spend any time trying to sell the car either, other than talking and texting over phone.

We got another used car as a replacement, more about it later. Now, I encourage you to read a few posts that I found value in, I promise you’ll not be disappointed.

Financial and Productivity Articles around the web

Financial rules that work and don’t work – is a list of very important aspects of personal finance and what you should do, according to the blogger Free Money Finance. How much life insurance you need? Confused? You can read this article.

I have subscribed to Zen Habit‘s feed, when I received How to Live Well in my mail box, the next 5 mins of my life was spent in serenity and tranquility. I have to practice the learning every day.

The Simple Dollar posted an article which is so true about credit cards, they are helpful often to your finances, if you know how to use them. Use credit cards that actually benefit you being employed with a credit card issuer, I support the cause whole heartedly.

Have you ever felt that the entire world is against you? I feel it all the time. Everything seem to go against me and my wishes. Dumb Little Man writes about staying motivated in this situation.

What’s your favorite worst website? I am sure you have come across a few that raised produced instant hatred. This is one such site I visited recently. Can someone’s taste be so bad?

4 cheap food to increase your brain power – Is a money talks news article, which talks about berries, turmeric, avocado and cold water fish as the 4 such cheap food item. I would like to add ‘Neem‘ to the list. Venture in to your local Indian stores to buy a bunch of Neem leaves.

Call your Mom – is an Infographic from Frugal Dad as a tribute to Moms of the world. One statistics he mentioned “if your mom helped you in your homework for one hour per day during elementary, middle and high school stages, she helped you for 2160 hours in total. ” I remember my mother spending  few more hours, not just one hour per day for our studies. I love you mom!

 

What’s happening in your lives?

LIKE THIS POST?
I agree to have my personal information transfered to MailChimp ( more information )
Join our community of 8000+ subscribers to increase your net worth and build wealth
We hate spam. Your email address will not be sold or shared with anyone else.

Share this:

  • Tweet
  • Email
The tool that changed the way I manage my personal finance - Personal Capital, The Best Free Personal Finance Tool

Want to start a WordPress blog now? The onecentatatime.com blog is hosted by Siteground Web Hosting. For only $3.95 a month, Siteground can help you set up and host your website/blog quickly and easily.

About the Blogger Hi I am SB, a personal finance enthusiast with a career in software development. I am an immigrant to the USA since 2005, after being born and brought up in India. This 40 something technocrat lives and breathes personal finance whenever he gets time from the day job, job as a husband and a dad

Some links on this page may be affiliate links, if you make a purchase following the links, I may earn a commission. Read affiliate disclosure here
« Top Risks for Investing in Oil and Natural Gas
Mother I Owe my Success to You – Happy Mother’s Day! »

Comments

  1. Sid says

    May 12, 2012 at 7:46 PM

    I had a similar experience selling a used car. I had bought a 2002 Toyota Camry for $6k a few years back. I drove that sucker everywhere and sold it almost 2 years later for exactly $6k!

    Reply
    • SB says

      May 12, 2012 at 8:06 PM

      Man when are you starting business? you’ll sure go places with that selling technique!

      Reply
  2. Call Me What You Want Even Cheap says

    May 12, 2012 at 8:49 PM

    I am glad you got more than double what you expected for your car.

    Reply
    • SB says

      May 12, 2012 at 11:02 PM

      Yeah the lesson is try every possible market to sell your product, chance are high that somewhere demand would be more than everywhere else.

      Reply
  3. Michelle says

    May 12, 2012 at 9:01 PM

    Wow that’s great that you sold it for $1,200!

    Reply
    • SB says

      May 12, 2012 at 10:49 PM

      yeah unanticipated

      Reply
  4. Barbara Friedberg says

    May 12, 2012 at 9:09 PM

    Fascinating story about your car. I am totally surprised you got such a great offer. Did you like the hyundai? We’re looking at that brand for our next car.

    Reply
    • SB says

      May 12, 2012 at 10:48 PM

      Do yourself a favor, don’t go for Hyundai. For reliability and slowest depreciation, I prefer Toyota or Honda.

      Reply
  5. Deacon says

    May 14, 2012 at 5:39 PM

    I am a big fan of buying and selling used cars on Craigslist. Way to go on getting full acting price on the Hyundai!

    Reply
  6. ShortRoadTo says

    May 16, 2012 at 10:02 PM

    all used cars are a lot more valuable than they were just a couple years ago due to the tsunami. If you want to sell a used car and buy a new one, now is the time to do it. this anomaly won’t last much longer.

    Reply
    • SB says

      May 16, 2012 at 10:21 PM

      How exactly Tsunami affects the US used car prices? all Japanese car manufacturers have local manufacturing facility in US or Canada including Toyota and Honda.

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.



Create your own blog in 20 minutes and $20

Personal Capital, a free tool to change your financial health today

I use and suggest Upstart, for your personal loan need

CreditKarma, a free tool to check your credit scorey

I use Coinbase, for my crypto investments

101 Cents at a Time

101 Ways to Earn Extra Money on the Side
201 Frugal and Perfect Birthday Gifts
101 Ways to Save Money Everyday
101 Ways to be Better and Successful at Work
101 Ways to Save Environment and Energy
101 Frugal and Romantic Anniversary Ideas
101 Low-Cost Men's Fashion Ideas
101 Personal Finance Tips
101 Ways to Reuse Household Stuff
101 Things to Do, When Nothing to Do
101 College Graduation Gift Ideas
100 Tips for Ecommerce Startup
101 Ways to Enjoy Indoor During Winter
101 Ways to Beat Procrastination

Popular Posts

Quick Cash - How to make $100 legally, in a day
Living well on less than $15,000 a Year
Top survey sites for side income
What to do when auto repair goes wrong
Where should I invest my money now?
20 Ways to be productive and happy at work
51 Ways to get out of debt
Be a better person in 15 days, 15 ways
Income ideas for retirees and senior citizens
51 side jobs for college students
Urgently need a large amount of money?
Should I buy or should I rent?
Best Personal loan providers
25 Ways to save environment
25 DIY car repairs to save money
How to decorate office cubicle
How to show your wife you care
50 Financial Rules for Success
51 Frugal weekend family activity ideas
Become Rich By Saving 1 Hour Of Daily Wage
How much do I need to save for retirement?
How to negotiate your salary

Follow us on FaceBook

About Author

SB

Blogger by choice and IT manager by profession. Finance is my passion and gardening is my greatest satisfaction. Born in India, settled in US, Husband and a father. I created this blog in 2011 with a vision to help others. Thanks for your patronage. More info on my "about" page.

View all posts


Subscribe

Join our community of 5000+ subscribers to increase net worth and build wealth

Advertisements

Personal Stories

How I got a new HP computer replaced
Was COVID circulating in USA in fall of 2019?
How my credit score went up 800+
Why I didn’t invest in Bitcoins
How I controlled impulses to buy things
Why this blog is named One Cent at a Time

Subscribe via Email

Site Disclaimer

Disclosure of Material Connection: Some of the links in this web site are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”
Read full Affiliate disclosure


One Cent at a Time is published by SB. The opinions expressed herein by him are his own and not those of his employer or anyone else. All content on One Cent at a Time is for entertainment purposes only. By reading this blog, you agree that SB and/or One Cent at a Time is not responsible for any actions taken after reading this blog. For the full disclaimer, click here .

Major Media Mention

One Cent at a Time Media Appearances

Copyright © 2023 One Cent At A Time · Designed by Nuts and Bolts Media