Selling your old car today is not as difficult an affair as it was used to be. You can choose from a range of different options and thanks to the growing influence of the internet, selling your old car has become pretty much easy and convenient. While taking the decision to sell our old car, we often get stuck on a trade-off between convenience and price. This means for selling the car quickly, we have to compromise on the price or in case we stick with the price, the car will take a long time to find the right buyer. To assist you in the selling process, we have come up with a list of the best ways of selling your car.
1) Sell your car privately
You are likely to get good value if you sell your old car on your own. On the flip side, this requires a great deal of time and efforts on your part. You have to make a fair estimate of your car’s value, have to advertise it properly, patiently scan responses, attend the conversations from prospective buyers, negotiate with selected ones, and personally meet with a slew of genuinely interested parties. At times, you will also expose yourself to the safety risk by allowing individuals to come to your place to see/inspect the vehicle or accompanying them on a test drive. Undoubtedly, the process is quite lengthy but often pays off by rewarding you with the higher price for your car.
Before you start the selling process, make sure you have prepared well. Get the documentation in order, have the car’s history report, snap it properly, give it a thorough clean and wash, and more importantly, prepare yourself mentally and don’t get perturbed by the fact that you are in for a long haul.
2) Selling the car to Dealership
Selling your old car to the dealership is one of the potential options you can consider. You can just go to a nearby auto market and maybe bargain over the resale price with a bunch of car dealers and may eventually find the right price as well but there’s always the concern about the documentation part, multiple trips to the RTO, in case your car is financed then the trips to the lender, no authorised sale letter to affirm that you’ve sold your car. Further, you need to have all the documents in order including the verified history reports of the car and even a small discrepancy can potentially derail the process. Also, in case your car has some impending mechanical issues the dealership executives are unlikely to buy it or they’ll value it rather low.
3. Sell on Gaadi.com
We strongly recommend you to sell your old car on gaadi.com as it is the most convenient method that will fetch you the best deal without any hardships of the aforementioned processes. The car selling portal has a strong network of more than 1,600 channel partners which ensures you get the best price for your old car. Unlike the other methods, you can sell your old car here in a single visit; thereby saving a lot of time and effort that would have otherwise gone on to accomplish the task. To make the process even more user-friendly, you will get the money in your account instantly as soon as documentation is complete. What’s more, you need not worry about the RC transfer as the portal will take that pain and that too without any extra charge.
4. Availing the exchange offer
You can trade in your old car by availing the facility of an exchange offer on the new car purchase. The company will try to lure with a handsome discount on your new car if you agree to exchange an old one; however, the chances of getting good value are quite bleak here. In order to win your confidence, a sales executive may value your old car at a high price but mind you, he’ll cleverly reduce the discount amount offered on the new car. The price cut that you should have got on purchase of a new car is cunningly adjusted in the so-called high value quoted for your old car – don’t fall into this trap. Visit the dealership and ask for the quotation for buying a new car. Now send somebody known to the same agency and inquire about the price of the same new car with an exchange offer. You can easily find out the large difference in the discounts offered on a new car when you buy it with or without the exchange offer.
Also Read:- 10 Steps to Selling Your Car