Mar 09, 2009 12:06 PM
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While in the past buying & selling of used cars was completely under the mercy of local brokers, it is true that for a headstart websites like https://carwale.com provide a reasonable kick start. However practical consideration and personal experiences prove that their used car evauation under both direct sale and dealer sale are usually hiked up by 20% in order to encourage and make
It attractive for customers to register and pay a sum of Rs.750/- as charges. However one finds that most of the persons who contact you after registration are brokers rather than direct purchases. Also the website claims refund of money if the car is not bought or sold and the registration remains till such time the deal is completed which ofcourse is not completely true as after about 90 days they send a SMS informing of renewal of registration for further 30 days.
Most of the prospective customers informed by website through SMS never turnup for evaluation of vehicle after getting the entire details including address of the prospective buyer / seller from them. This is mainly to create an environment of pressure on the customer for quoting prices atleast 40 - 50% lower than the market price. Hence the tips based on my personal experience in car buying & selling is as follows.
In Selling first determine the buying price from the local market of used cars.
Register your car on used car websites.
Your realistic price should be 20% lower than the dealer price quoted by the used car websites.
Never be in a hurry to dispose or buy and even if so never show it to the prospective buyer / seller.
nikonhi23