Action step four: Sell the car and spend the money

Let your mom know you feel that the car could benefit someone else, like another family member, student or someone else in your community. Chances are that the car is in wonderful shape because most granny cars are!!
If you are not selling her car to a family member, here is the process to get the most money for her car.
Call her bank or credit union or go online to find out the blue book value of the car.
This is your first piece of information you need to decide on an asking and selling price.
Next, get a newspaper and look at comparable cars and what they are asking for them. Either your city or community newspaper or some sort of auto trader will do.
In our opinion, a granny car is worth around 10% more than the non-granny cars because of the care and condition of the granny car.
Let’s hypothetically say the blue book is $2500.00 and the comparable cars are selling for $2300 to $2800 depending on mileage. Then you want to list your asking price at $3200.
You want to leave a bit of room for negotiation.
Now it’s time to write you’re used car add.
Here is a sample ad:
1990 Olds Cutlass Supreme “Grandma Car” very clean and like new!
45,000 original one-owner miles. Great for anyone who needs dependable transportation.
Call between 5pm and 9pm only. (list phone number)

Once the car sells (cash only), take your mom shopping! Otherwise begin planning her trip….with family or friends.