Sell or Exchange Your Car

The lender maintains ownership right over the car during the loan period. What you need to do is terminate the loan contract early - You have to foreclose the existing loan against a new car loan with new terms and conditions. If the bank is the same, it is easier with the available credit history.

If you are planning to sell or exchange your old vehicle, you need to prepare the following Individual, Vehicle and RTO Documents - Address Proof - 2 passport size photographs - Proof of identity (Passport, Pan Card, Aadhar Card, Driving License, etc) - Original Invoice and Valid Insurance - Original RC - 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

You will get an instant valuation of your old car based on the car's basic usage information. For inspection, your enquiry will be shared with our channel partners 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 other services.

Every car depreciates in value after purchase based on certain market guidelines. There are however ways to get an optimum exchange value of the old car. This includes timely services of your vehicle, repairs and maintenance, insurance renewals, maintaining service records, fewer number of vehicle owners and overall hygiene of the vehicle. Demand for the brand/model and choosing the same brand of New Car may also add to the exchange value.

Yes. You just need to fill an online form and rest all will be taken care by our team. You can contact us on +91 9845998870 or email us contact@mynewcar.in and we will assist you to sell your old car