Second Hand Cars For Sale In Dindigul : Tata Indica 2006
J J cars | Tata Indica | 2006
FOUR WHEELS collection of pre-owned cars available Certified Cars 100% Accident-free cars available Loan up to 90% Contact us for more details.
Factors such as age, condition of the car, distance travelled and the number of owners can play a big role
The demand for second-hand cars has seen a surge as many people are buying or planning to buy their own car. In case you are planning to sell your old car to bridge the gap in your cash flows or to upgrade to a new vehicle, now may be a good time.
There are multiple options to sell a car. You can connect with your local dealer or visit portals which help in buying and selling cars
Age of the car: One of the most important factors is the age of the car. The value of the car drops the moment it is bought and depreciates every year. This is called age-wise depreciation “When it comes to ageing, a car will depreciate at varying rates across its age. It can be 10-25% per year depending on make, model, variant and other supply-demand factors,
Others: Apart from age, there are multiple other factors that affect the value of the car. “Broadly, a used car’s price is based on the make, model, variant, kilometres run, condition, registration year, ownership frequency or status, as well as the state of registration of the vehicle,
Models that are more in demand are likely to attract better prices. “Few of the automobile brands as well as models are in high demand as compared to others. For example, Maruti and Hyundai. Therefore, you get a higher quote for them. In terms of colour, white is the most in-demand and commands a higher price
The frequency of change in ownership also impacts the car price. The higher the number of ownership changes, lower will be the price.
Insurance: If you don’t renew the insurance of the car at the time of sale, the vehicle is likely to get a lower price.“An insured car can get a higher value on sale, so it is recommended to have at least third-party insurance for your car. A lot of owners lapse their policy because they plan to sell their car.
Things to keep in mind:
A car in good condition, which has been regularly serviced from an authorized centre, adds to the value. “A full service at an authorized dealership will infuse new life in your car. Changing oil filter, air filter, engine oil, gear oil, air conditioner filter will help maintain the car in an excellent running condition which will ultimately gain more eyeballs.
Also, it is better to get dents or scratches removed before you put out the car for sale. The cost of getting such repairs may not be high and it will help you negotiate a better price with the dealer or the buyer.
Having proper documentation is the most important aspect that is considered during the sale of a car. “All documentation related to the vehicle such as registration certificate (RC), valid insurance and pollution under control (PUC) certificate, service record, history report, financial contract and owner manual should be maintained to increase the valuation of the car.
Also, very old cars may not be in demand. Experts say that you get the best price when your car is three to five years old. “While the average age of a used car in India is five to seven years, a car gets the best value after around three to four years. Post this age, the car’s price can depreciate faster, and the car owner can incur higher maintenance cost.
Before selling the car, don’t forget to compare the prices you are getting on different portals.
Contact: .
Comments
Post a Comment