Simple Steps to Sell or Exchange Your Car at Best Price
Sell or Exchange Your Car Online at Best Price with No-Contact and Simple Steps
Compared to the old days, now selling your car is much easier and also can be complicated depending on how you look at it. The Indian market has matured and now you have so many options which give more options in the used market too. Plus with rising income and change in lifestyle, the average time that we are keeping our cars is also much shorter hence we are exchanging and upgrading more. Thus let us take a detailed look at ways to sell your car at the best price and simple steps to sell your car.
Selling Your Car through the Modern Way or the Old Way?
In the earlier days, we used to put a for-sale sticker on the car and spread the news amongst friends and family while also putting an ad in the newspaper. This takes time and in the modern world, the power of social media and the online ad is something you cannot ignore. It is much faster and gets to buyers much easier while also giving you a wide choice of buyers along with a scope of a better choice. We recommend selling your car via online classified portals and social media plus websites dedicated to exchange offers.
Preparing the Car for Sale?
There are some basic tips which one has to go through before selling the car. You have to first ready it and by that, we mean getting it cleaned and also serviced. Then get on to your paperwork as you need to make a copy of your car's documents. Make sure the car manual is there along with other documents.
What to Put in the Ad for Selling My Car?
Firstly you need to take the car to a clean area where only your car is the focus plus use a good camera and take in good lighting conditions. Take a lot of photos of the car from all angles.
How to Decide the Asking Price for My Car?
One very important factor in deciding the price of your car. Now the first thing you need to do is research and ask around. By that we mean talk to local dealers for the price range of the car for a similar age currently. Also, do research how much other cars are selling for. Also, take into how many owners the car has and the condition plus the kms covered which also affects value.
Now in the Ad, You Need to Put in the following:
1. Year and month of registration
2. The state or city of registration
3. Number of owners
4. Full insurance details including third-party
5. Full-service history or mentioning it has a full-service history
6. Colour of the car in exact name plus if any parts have been re-painted
7. Exact trim- whether base variant or top.
8. How many kms covered
9. Expected price and also if it can be negotiated
How to Meet and Talk to Potential Buyers
It is important to choose potential buyers and talk to serious buyers. Know about the buyer in the way they interact and how interested they are. Talk to serious buyers and be patient plus answer all queries. Do not be hurry to sell the car or be too aggressive or lazy to sell the car. Also, take some time to take a background check of your buyer.
How to Deal with Bargaining
The one thing which you would have to deal with and that we Indians also like is bargaining. Keep some room for negotiations price-wise when you out the price and hence leave for some negotiations. The buyer will ask for some discounts but you have to be fixed on a price and not change it.
After You Sell Your Car, What to Do?
The most important thing is that do not give all the documents until you get the full payment. Also, you must ask the buyer for a copy of the address proof and his Government ID details. Make sure you get the transfer forms from RTO signed by both parties. Once all this is done, make sure you give the insurance papers plus manual, invoice copy and RTO documents, and more plus the service history. Also, get an NOC and give it to the buyer. But also make sure you keep a copy of each document plus the original invoice.
Inform RTO of Change in Ownership
This is very important as the car is still in your name and any incident or speeding fine or anything would be in your name too. Hence inform the RTO with regards to the transfer of ownership along with the documents needed.
Exchanging Your Car?
If you want to exchange your old car for a new one there are many easier options as these days car-makers offer that where you exchange your old car for a new one and you can exchange in any brand’s car. The amount would be deducted. However many times the valuation given is less and sometimes customers go outside and sell the car.
If you are wanting to exchange your old car for a new one, do keep in mind that you need to do research to keep in mind the car’s price in the market. Keep in mind the price of the car so that the dealership knows you are informed and cannot make a fool out of you.
Most dealerships have their own department that inspects the car and they will inspect your car to give a price. Now it is very convenient to exchange a car just for this, you would lose money as the price quoted would be much less. We recommend putting effort like the tips mentioned above and selling your car and then buying one new.
How to Exchange Your Car Easily with MYNEWCAR.IN?
- Get Instant Online Evaluation - Get Expected Price Range Instantly
- Book Inspection Appointment - Our Partners will Inspect your Vehicle at your Doorstep
- Book Your New Car - Get Best Deal on New Car with Special Exchange Offer
- Hassle-Free Car Exchange - Drop your Old Car & Get your New Vehicle
How Does Exchange via us Benefit You?
- Free, & Instant Valuation - Fill in few details about your car for Instant Valuation
- Quick & Transparent Process - Free RC transfer & Instant Payment
- Down Payment for New Car - Use payment received to buy your next new car
- Drive Out in New Car - Book your new car online with exchange offers on MYNEWCAR.IN
What is the Procedure for Exchanging My Old Car For a New Car?
MyNewCar Sales advisor will provide you with an approximate market price range for your old vehicle based on the car's basic usage information. For valuation and price quote, your enquiry will be shared with our partner used car company and dealers. Your old car can either be purchased outright or the value will be adjusted in the price of the New Car. Balance value will be converted into EMI’s or by cash, whatever is your preference.
MYNEWCAR is India's leading online marketplace for new cars, finance, leasing, car exchange, car insurance and provides you with buying assistance. While our partners take care of your documentation, you can simply drive out with your brand new car with exchange car deals.
What Documents are Required for Car Exchange?
If you are planning to sell or exchange your old vehicle, you need to prepare the following Individual, Vehicle, and RTO Documents
2 passport size photographs
Proof of identity (Passport, Pan Card, Aadhar Card, Driving License, etc)
Original Invoice and Valid Insurance
Owner’s manual (Optional)
3 Copies of Duly Signed Form 28 with Chassis Imprint
2 Copies of Duly Signed Form 29
2 Copies of Duly Signed Form 30
If Car Is Financed - Form 35 duly signed by Bank & Hypothecation closure statement
Where Can I Exchange My Car?
MyNewCar makes your car exchange process hassle-free. We have teamed up with authorized dealers and multi-brand used car company that gives instant valuation. You do not have to go anywhere. The evaluation team will visit and inspect your car. We along with our partners will provide the most competitive price and offer attractive exchange deals against buying a new car. Here are a few benefits when you exchange your car with MyNewCar.
Maximize your Car’s Value without Negotiating with Multiple Prospective Buyers
Quick, Easy, and Secure Sale
Get Instant Bank Transfer or credit for Buying New Car
Compare & Buy New Car with Best Deals Online
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