There is a huge market for second hand cars in India.Selling your vehicle in India is made easy with the arrival of internet. Many Indian automobile manufacturer’s have ventured in used car segment. Many Auto companies sell certified second hand cars which are popular among Indians. There are two ways to sell your used four-wheeler in India. First, dealer can help you to trade your vehicle. But you have to pay him a commission for his service or sell to him for a lower price. Next, you can also trade your vehicle directly to the seller. That means you have to attend phone calls, deal with strangers and negotiate prices. Chances of getting higher prices are more in direct sales.
Reasonable pricing is the key tactics for selling your used car in India.. There is no standard selling price for second hand car. Your price should be based on mileage, car condition, and model demand and maintenance history. If your vehicle price is higher, buyer may not be interested in the deal. Research the local newspapers and auto classifieds for wide range of used vehicle prices. You will get an idea on selling price of your used four-wheeler in India.
Buyers in India love a clean vehicle. Clean the car inside and out. Touch up paint scratches. Do some minor repairs and make it glow and shine. It will maximize the possibility of quick and profitable sale. Advertise in local newspaper or online classifieds. Describe the color, condition, mileage, engine type and any additional accessories of your used vehicle. Mention whether it is a dealer sale or for sale by owner. Sale by Owner advertisement has a good response in India than dealer advertisement. Provide maximum information in your ad. There are many paid and free Indian second hand car portals available in the Internet to post your ad.
Agree to meet the prospective car buyer at a safe place. Do not allow strangers to visit your home. Buyer may have done research on car price. Explain the positive aspect of your vehicle. Show him relevant documents and records. Be prepared to accept the counter-offer and respond to it politely. Explain why you feel the car price is fair. All buyers expect honesty from the seller. Reveal the known flaws of your used car. Honesty is the right thing and eliminates your worries. Some buyers may want to test drive the car. Beware, car thefts are common in India. Check the driving license and insurance proof before allowing him to drive.
Once the buyer agreed on a price, all that remains is getting cash. It is the most common problem from seller’s angle. Never agree for future payment. Cash is the easier form of transaction. If the buyer brings you check, deliver the car once it is cashed. Do not sign the agreement, until you receive full payment.