Soon The holiday season is about to begin. During festivals like Dussehra, Dhanteras and Diwali, automobile manufacturers launch new vehicles and offer huge discounts on old vehicles at dealerships. In such a situation, people want to sell their old car and buy a new car. However, selling an old car is not as simple as it seems. When you are considering selling your old car, the first question that comes to your mind is whether you will get the right price for the car. What to do so that the car is sold quickly and easily and also gets a good price.
For this, you need to take care of some things, take some precautions and enter the used car market with complete preparation.
so today necessary news In this article we will talk about what to keep in mind before selling your used car? You will also learn that-
How to sell a car at a reasonable price? What precautions should you take when selling a car?
Expert: Tutu Dhawan, automobile expert (New Delhi)
Question: How big is the used car market in India? answer- According to a report by the Indian Blue Book (IBB), the used car market in India is growing rapidly and continuously. Around 51 lakh used cars were sold in FY 2023, while this number is expected to reach 1.09 crore by FY 2028. This means that the used car market could double in the next five years.
Question – On what factors does the resale value of a classic car depend? answer- The resale value of a car is the price a person wants to sell their used car for. Car owners often wonder how to resell their car to the customer at the highest possible price. The resale value of your used car depends on many factors. The chart below shows some of the factors that affect the resale value of your car.
Question: How to increase the resale value of a used car? answer- Despite all the care we take, our cars age over time. However, when we plan to sell it, we must pay attention to every aspect of the car. So, if you want to sell your used car at a good price, keep in mind the points given in the chart below.
Question – How can we know the real market value of a car? answer- If you want to know the exact resale value of your used car, there are many factors you can investigate. Such as-
Check online websites: You can also find out the value of the car via the Internet from different websites. There are many famous websites like CarDekho.com, CarWale.com, OLX.com and Quikr.com, where you can compare your used car with other cars.
Get car dealer prices: You can also visit different car dealerships to find out the current market value of your used car. For this, give correct information to the car dealer about the model number, mileage and condition of your car.
Question – What precautions should be taken when selling a car? answer- Nowadays, many types of scams are happening in the name of buying a car online, in which cyber thugs ask for banking details and personal information from people in the name of car transfer. money. Therefore, it is necessary to be very careful when selling a car. With a little carelessness, you can fall into the trap of a fraudulent reseller or cyber scammer.
Understand from the chart below what types of precautions should be taken when selling a car.
Question: What things should you keep in mind when selling a car online?
answer- If you want to sell your car online, keep these main things in mind.
Upload a good photo of the car
Good photos of the car attract the customer. This gives buyers confidence that the car is in good condition. Therefore, upload clear photos of the car interior from all angles.
Write honestly about any damage
Be clear about any issues or damage your car has in your photo and description. For example, if there is a dent or scratch somewhere on the car, upload its photo. Having accurate and correct information will allow people to connect with you. Will be interested in your car despite some wear.
Don’t use old photos
If you upload a fake or old photo of your car instead of the real photo, you are misleading the customer. So upload the photo of the current condition of the car. With this, you will save time as well as that of the customer.
Return the keys only after the documents have been transferred.
Before handing over the car to the customer, make sure whether the ownership has been transferred from your name to the customer’s name or not. The car keys should only be handed over to the customer after the documents have been transferred. This guarantees you legal certainty. You can also avoid any type of disputes in the future.