Professional Documents
Culture Documents
Sell the car yourself to fetch the best possible price. Private sales, in nearly all transactions,
generate the maximum. Agents charge high brokerage fees (typically 2% of the selling price)
while dealers will offer you a low price (only to profit from selling your car at a higher rate
later). Use online classifieds such as on Team-BHP - The Definitive Indian Car Community Home.
In the advertisement Include as many photographs as possible (atleast 5 10) from different
angles. And as much information as possible on the car. Dont exaggerate, yet put forth your car's
advantages upfront (e.g. single owner, low mileage, original paint, high fuel efficiency, valid
extended warranty cover, accident-free, garaged parking etc.). Preferably, dont give out your
home or office numbers. Best to communicate via cell phone with strangers.
Service history If you have the entire service history of the car (which you would as a TeamBHPian ), document the same into a neatly organized file. Buyers are willing to pay a
premium for well-documented service histories. Include miscellany such as a valid battery
warranty cards, the PUC certificate etc.
Preparing your car The first impression is the one that lasts, and a tidy car always fetches
more money than one that's dirty. Clean the car inside out (dont forget the boot and under the
bonnet areas), top up all fluids and throw in an air-freshener. Have your car washed at a petrol
pump for 300 bucks or, even better, professionally detailed for 1,000 2,000 rupees. Couple of
bucks can go a long way, even something as minor as getting new mats for the car (500 bucks).
Minor repairs must be taken care of (torn upholstery, broken lights, blown fuses, damaged
sunfilm etc.). Remove all your personal belongings from the car and bring it up to "delivery
condition".
Asking Price Set a realistic price to complete the sale quickly. Research the market and gauge
the price that similar cars (in model, location, age, trim and mileage) are selling for. Too low is
obviously not to your benefit, while too high a price might deter others from even calling you. In
the same breath, we might add, leave a little room for bargaining (something that we Indians
love!). Tip : Applying the American retail pricing style of a Rs 3,49,000 instead of 3,50,000
or 4,99,000 instead of 5,00,000 has proven results.
Armed with information Keep a link to your Team-BHP review ready (if uploaded) and email
the link across, prior to the buyer seeing the car in person. Also communicate the following to
the potential buyer before hand (will save the two of you a lot of time):
- Year & Month of manufacture / registration
- State / City of registration
- Individual / Commercial lifetime tax
- Number of owners
- Insurance type (comprehensive / third party) & validity
- Service history availability
You must sign the transfer papers & proceed with delivery ONLY after the payment has been
received in full. Strictly no part payments or EMIs (they can go to a bank for that). If the car's
buyer is paying via cheque, wait for clearance. Dont blindly trust demand drafts either, fakes
have been circulating in the market. Only when the cash is received, or your bank confirms the
deposit, should you hand over the car. Remember that the cheque / demand draft must be in
6. Registration, RTO tax papers & insurance policy of the car (Copy).
7. Invoice of the car (Original).
8. Finance company NOC (if applicable & only a copy).