Want your Car to make more money for you? Sell it yourself, and earn more profit. You can get richer by Rs 10,000 to 60,000 depending on your car make-model if you follow simple steps.
Selling your Car yourself, is easier than you may think. With today's online recourses you can reach more buyers at a lesser cost than traditional printed classified listing.
Your first step
You are cutting middle man and going to make more profit, so I believe you are ready for putting some efforts! Don't be afraid, trust me you will enjoy selling your car.
Find the current market price for your Car
Good place to start is Internet, do some research you will find the selling price of similar vehicle as yours. Check out CarWale CarValue for your car. If your car is reasonably maintained, you can take CarWale CarValue for a Good Condition.
Buyers love to bargain, so keep some cushion on the minimum price you are expecting, but remember buyer too must have checked CarWale CarValue for your Car, so keep the price close to it to make your offer more appealing.
If you don't want too many responses on your Car ad, specify clearly Best Offer, Final Price, No Negotiations etc.
First Impression is the Last Impression
Looks sell every where, Bollywood is no exception. That means you should thoroughly clean your car, inside and out. And consider taking care of any minor maintenance issues.
Things you would like to do to improve your car's appearance:
Wash, wax and vacuum your car.
Wipe down the dashboard and other surfaces.
Gloss up the tires and polish the wheels.
Clean all glass inside and out, including mirrors.
Clean out any junk from inside your car and the boot.
Replace any burnt lights or fuses.
Top off the fluids.
Check any type of sounds & noises.
Get all your Car papers at one place. When I say all means all, maintenance bills, service records, warranty receipts for tires, batteries etc. Well maintained records will command you premium, that shows that despite of not being doctor you care for your Car. (Please maintain your Car records even if you are a Doctor)
How do I advertise my car?
Your best bet is to sell it through online ad. Think about it this way: how many newspaper readers are looking to buy a car? Compare that to the number of people visiting auto websites like this one looking to buy a car now.
Your car will stay till the time it's sold. You get more space to show off your car.
Sure shots to sell your car fast
Upload good quality photos. You can use your mobile camera to click the pictures. Photograph your car in daylight.
Give as many details as possible about your car. Advantage is that you will get the right buyers and you would sell fast.
Specify any extra fitting like, Alloy wheels, leather upholstery, CD changer, music system, new tires, available services, warranties etc.
Get ready to receive the inquiries
Once you have placed your ad, be ready with the information you have put in the ad. If you can't remember all the figures you have mentioned make a note of them on a piece of paper and keep it at some place accessible to you.
Buyers are making a big decision, so try to answer every question honestly and openly. You'll save yourself time instead of making unnecessary appointments. Do initial screening of buyer on phone then fix appointment.
Make appointments for a specific time, rather than allowing a buyer to show "sometime after work." It increases the chances of the buyer making it, and it doesn't waste your time. If you feel uncomfortable with a buyer coming to your house, arrange to meet in a populated, well-lit area.
Now the main part - deal closing
Be patient you will do well and would successfully sell your car.
Show your car to interested buyer.
Don't let the buyer take your car for test drive without you.
Check the buyers driving license and then let him drive, but you navigate.
Ask for deposit if buyer wants you to hold the car, specify the time after which his deposit will lapse.
Negotiate price, don't allow too much bargain and don't show desperation to sell. Give your minimum and leave it for buyer to decide.
Sales Formalities
Congratulations. You have sold your vehicle but wait paper work is still pending. Accept the payment either in Cash or DD in case of Cheque, don't transfer the documents till the time cheque is realized.
If the buyer is arranging loan, take help of finance company's DSA, who will guide you through all the paper work. Any Car dealer or RTO office in your area will help you with RTO transfers.
