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carvaluation

carvaluation   , 28

from Olten

Info Statistics

Things you should take care of while selling your used car

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Selling a used car may seem like a daunting task for someone who is new at it. It involves careful planning and organization. But in order to gain maximum benefit one has to keep in mind various factors while they sell cars. The first thing that the seller has to do is carry out a proper car valuation. In the past few years the trend in old car valuation process has seen a huge turn in India. Previously it has been considered that more than 60% of the population sell used car among close circle of family and friends due to the absence of proper options for car sale. Since then various top automobile companies have launched used car brands to help you sell your car.

The number of used car dealers has also increased progressively which offer best deals and great resale values. But the biggest boon in the second hand car evaluation process has been the introduction of the various used car valuation sites which provide a vast variety of expert opinions with just the click of a mouse button. There are other benefits that make buying a pre-owned car a popular practice, such as lower rate of depreciation, easy finance options, and hassle-free documentation along with clean history. There are plenty of resources online, which can offer detailed information on how to settle on the car sale value. There are a few car valuation sites which also allow you to sell car with immediate funding. Here are a few tips that would help you to sell your used car-

• Condition of the car- This is the first and the most important factor to consider while evaluating the value of your used car. If the car is visually appealing and in top notch condition it will attract the buyer more no matter what the price tag is and will help me sell my car for a greater resale value. Detailers help make the car look new again by removing light scratches and paint imperfections, buffing the car, shampooing the carpets, degreasing the engine, and more.

• Car variant- This is an obvious factor that plays an important role in second hand car valuation. Not all car variants can be tagged with the same price. The high end variants are sold at a higher price even when resold due to the newer technologies and extra gizmos. On the other hand the cheaper base variants and evaluated to procure a lower resale value. Not only that the car brand also matters. The more popular and well reputed brands can generate a higher resale price.

• Year of manufacture- The older the car is the lower is the estimated price. This does not come as a shock as the older variants undergo much more wear and tear than the ones recently manufactured. However this may not be true for cars that have aged on paper but have not been used extensively.

• History of the car- The number of miles or kilometers your car has travelled is one of the compelling factors that are used in establishing its value. It gives a fair estimation as to how long the life of the engine would remain. A higher figure on the odometer will straightaway mean that its engine has been used a lot and therefore requires more maintenance, which eventually means comparatively lower price. Also it is preferable that the car does not have a prior history of any major accidents for procuring a higher price.


What Should Be The Method Of Selling Cars – Online Or Offline?

As much as weird as it may sound online purchases are more feasible even with respect to cars. Car purchase is one of the most difficult decisions especially, if it is your first car. And people take months or even years before they can come to peace with a single choice. It is thus important to do your homework well before you go make a decision and then seal the deal. Internet or online databases of cars at sale, can be a very good platform for research.

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One can just log on to one of those ‘sell you car’ websites and get a good look of the cars in the market. It is easy, convenient and so much less time consuming – since you actually do not have to present in person to look at the cars, that widens your horizon of search. In fact there are a number of online tools helping you assess the value of cars, be it for selling or buying. They give you a list of aspects that generally contribute to the worth of the car and these should be kept in mind when ascertaining a value on a car – be it new or old. These aspects are as follows:

• The condition of your car: This would include - the price of the car when it was newly bought, the age of the car and number of previous owners (if any), the usage, kilometer the car has run and also the mileage of the car (which can be a tempting factor when buying a car). The condition of the car should include the whole of the exteriors and interiors and kind of disappointment can close the deal. So the sellers must be cautious about it. A minor glitch and that can wreck the reputation. Make sure the first impression of your car stays well before you go about selling your used car.

• The location : It depends on the regions and place of purchases. Some cars are preferred in some states/ cities and thus promise better resale. Also a car registered in one state or city gets comparatively lesser price if sold in a different state or city. So sell carsaccordingly.


• The season : It also depends on the season. Convertibles sell better in the summer months while 4x4s sell in winter.

• The brand : The brand name is something that attracts the buyers, wins their trust and also decide the depreciation rates of the cars. Cars manufactured by companies like Maruti, Hyundai, Honda and Toyota offer better resale values in India since these are mass favoured cars. And in general Japanese cars get better resale than the European, American and Asian cars in India.


• The Segment : It is an important deciding factor too. The depreciation is much higher in the higher segments. A premium luxury sedan depreciates much faster than an economy hatchback. Thus Honda, Subaru, Hyundaiand Toyota top the list for retaining higher resale values more than the luxury car brands like Lexus, Acura, Infiniti, Mercedes, and Audi

• The urgency factor of seller and buyer: The rule is simple, more you are desperate to close the deal, more do you lose money. So the tip is to keep calm and not let the seller know about your urgency so much so that they start taking advantage of it. The seller on the other hand will want to exploit this particular aspect of the buyer.

• Test drive of the car : This can be a deal breaker. So make sure your car is comfortable from within because after all, comfort and convenience are all that matter. And if a seller is willing to pay thousands that means he expects a minimum of comfort from the ride and that is to be taken care of.

Now for the last aspect, one would have to log off from the internet and come offline to get a good look at the car in person. For all the rest internet is there. So if you are thinking “how should I sell my car?”, remember, ‘online’ is not such a bad option.