If you want to sell a used car quickly, then do these 8 important things, you will get the asking price.
Used Car Selling Tips: If you are planning to buy a gleaming car by selling your old car, then just wait. We have brought such great tips for you, which will make the old car ‘like new’. After this, you will also be able to sell your old car at the asking price.
In the used car market in India, buyers mainly pay attention to the condition, maintenance history and looks of the car. If you take the right steps at the right time, you can increase the value of your car by 10-20% or more. That means the profit can range from several thousand to lakhs of rupees.
1. Maintain regular service and complete service records
The most important thing is to keep the complete service history of the car with you. Keep a book containing bills of every service, original parts receipt and the stamp of the authorized service centre. When the buyer knows that the car has been in good hands, they are willing to pay more. Even if the service book is missing, submit the old bills. This factor alone can increase the resale value by 8-10%.
2. Make the car completely clean and shiny
Get professional detailing done 1-2 months before selling. Get the outside paint polished, scratches removed, headlights cleaned and tires shining. Inside, wash or replace seat covers, vacuum carpets, remove stains and odors from the dashboard. Seeing a well-sparkling car, the buyer’s mind is instantly made up and they can offer Rs 10-20 thousand more.
3. Get minor defects repaired
Get small dents, scratches, broken indicators, non-working AC, wiper blades, battery or tire condition repaired. These little things scare the buyer into thinking there might be a bigger problem. By spending Rs 5,000-15,000 you can get Rs 20,000-30,000 more value. However, avoid costly repairs (like engine overhaul) as the returns are low.
4. Paint Protection and Care
Get paint protection film (PPF) or good quality ceramic coating applied on the car. It protects the paint from scratches, UV damage and small stones. In the Indian climate where there is a lot of sunlight and dust, it maintains the shine of the paint for a long time. A car with good paint condition always has a higher resale value.
5. Sell at the right time and choose the right platform
Sell the car when its age is 4-7 years and the kilometers are between 50,000-80,000. Demand is high during the festive season (Diwali, Navratri, New Year). You can get a better price by selling to a private buyer instead of CARS24, OLX, CarDekho, Spinny or a dealer. Online platforms are fast and secure, but they charge huge commissions.
6. Keep the condition of tyres, battery and brakes in good condition
New or less used tyres, good battery and brake pads impress the buyer. If tires are worn more than 50%, replace them. This small investment can add big value.
7. Remove unnecessary accessories and add essential accessories
Remove excessive aftermarket accessories (like big spoilers, loud horns) from the car. Most people do not like such vehicles and the value of the vehicle decreases. However, useful features like good floor mats, seat covers, Android Auto support or reverse camera are better.
8. Keep documents ready
Keep everything updated like RC, Insurance, PUC, NOC (if there was finance), service book, bill book etc. If any paper is missing the buyer reduces the price.
By adopting these tips, you can easily increase the resale value of your car from Rs 20 thousand to Rs 1 lakh or more. Especially if the car is of a good brand (Maruti, Hyundai, Tata, Mahindra) and is in good condition, it will find customers immediately. Remember, buyers pay attention to the first impression of a car. A clean, well maintained car always sells for a higher price.