Buying a car feels nothing less than a dream come true for many people. But, while the demand keeps growing, the auto industry is changing rapidly, and the prices for four-wheelers are only following the upward graph. So, cars are increasingly becoming an expensive purchase for the commoner.
Thankfully, an option comes to the rescue as the middle ground to meet the needs while keeping the costs in check. Yes, we are talking about buying and selling second-hand cars. A few things that buyers and sellers of second-hand cars should keep in mind. First, selling a used car is a process that requires much thought and consideration. Thoughtfully completing the selling process involves steps such as: Factors to Consider While Selling a Second-Hand Car
1) Getting the car serviced - If a seller wishes to get a reasonable price for their used car, the vehicle needs to be in the best possible condition. It is as simple as that. Any kind of mechanical or cosmetic damages can reduce the asking price of a car. Hence, it is best to keep the quality of your product in check and come through as a genuine seller.
2) Complete the documentation - Having all the documents ready for your car is essential for the selling process. Transfer of ownership depends upon the documents and must be done thoroughly.
3) Keeping pictures of the car - Online selling is the most preferred medium in today's digital world. Hence, an excellent visual representation of one’s vehicle becomes a priority. Along with that, having pictures as proof of your car’s condition is essential to avoid any future issues with the buyer.You may like to read: Two-Wheeler Insurance, Best Bike Insurance Companies and Plans
Factors to Consider While Buying a Second-hand Car
1) Condition of the car - It is straightforward to get swayed away by looking at pictures. But while buying a second-hand car, it becomes essential for a buyer to take out the needed time, check with the seller and ensure that the vehicle provides value for money and is in the best condition.
2) Registration documents - After selecting a second-hand car, it is essential to check all the necessary documents and ensure the legibility of your purchase. Along with that, following up on the car’s insurance is also necessary.
3) Potential modifications - When paying the purchase price of a car, it becomes essential to keep in mind any additional costs that you, as a buyer, might have to incur. If you decide on buying a car that requires a few modifications, checking the same prices is highly recommended.
The medium of purchase matters as much as any other step. Thankfully, these days, a lot of legitimate options are available for buyers as well as sellers. The most common mediums are online platforms such as Cars24 and Mahindra First Choice. Also read: Best Car under 6 Lakhs Comparison, Review, Specification, Features
Cars24
Founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid, and Ruchit Agarwal, Cars24 is Haryana headquartered marketplace. However, the company has also established an international presence in Australia and UAE.
When a customer wishes to sell their used car through Cars24, they can do so from the official website in 3 easy steps. First, the website facilitates online inspection of one’s car when a customer enters a few details and gives an estimated selling price. Following that, customers need to book a car inspection appointment at their homes or nearest Cars24 branches. Finally, to conclude the selling process, Cars24 presents the best price for a used car through an online auction and enables instant payment for the seller. Along with this, the platform also caters to RC transfer for free.
A list of available second-hand cars is given on the Cars24 website for a buyer. Additionally, buyers can filter the viewings according to Price, Model Year, Make & Model, RTO, and Kms driven. On selecting a specific model, the buyer gets an overview on the website, with pictures of the car’s interior, exterior, and information on imperfections. The car details specify the selected model's history, features, and specifications.
Buy or Sell Second-Hand Cars from Cars24: Cars24 Branch Locator
Mahindra First Choice
A subsidiary of the Mahindra Group, Mahindra First Choice is another reliable platform for buying and selling used cars. It is also the country’s No. 1 Phygital Used Auto Platform. Mahindra First Choice aims to make transactions simple, equitable, and transparent.
A customer doesn’t essentially have to buy one to sell one on this platform for selling a car through the platform. However, they need to post the car details, specifying the Year, Make and Model, enter Variant, Kilometers Driven, and Registration City and their contact details on the official website.
Mahindra First Choice provides competitive pricing for used cars and ensures fast payment within 48 hours. With a secure and hassle-free transaction process, selling through Mahindra First Choice is convenient. The platform also provides free home inspection for the sellers.
For buyers, Mahindra First Choice provides a list of the available cars on its website. Customers can choose to filter the list according to the Budget, Kilometers, Make & Model, Fuel type, Car age, Body type, and more.
Upon selecting a car, a customer sees the pictures and basic details on the website itself. To take the conversation ahead, one needs to enter their Mobile Number, Email Id, and Full name. Mahindra First Choice then reaches out to the buyer with all information regarding the dealer and helps them proceed with a hassle-free purchase. Here’s the list of Mahindra First Choice dealers in the country:
Buy or Sell Second-Hand Cars from Mahindra: Mahindra First Choice Branch Locator