It is hard to find where you are going wrong. But the result will be devastating and then you will finally realize where everything goes wrong. It is not only you, but many others commit the same mistakes while selling a vehicle.
Some of those significant mistakes that you should avoid while selling a four-wheeler or two-wheeler are:
- Not knowing the car’s right valuation
We generally estimate the price of a used vehicle as we think it is almost impossible to get the correct valuation of a used vehicle. But those days are gone. Now, it is considered to be one of the biggest mistakes of not knowing the car’s right valuation. The mistakes do not change from one place to another; a mistake will be a mistake in any place. So, you be in Malaysia or anywhere else, you need to check car value in Malaysia first, as per the automobile market of the country and then fix the price of your vehicle.
- Hiding the history and condition of the vehicle
It is obvious that somehow the buyer will be able to understand the real-time condition of the vehicle. Even if you try harder to hide the condition and tell some lies regarding the history of the vehicle, it is going to be revealed at the later stage. The seller will either contact an online portal who deals with buying and selling of used vehicles or take a professional’s help to find the actual history of the vehicle. If the true facts are revealed at that point of time, then your credibility will go down. Suppose, you as a seller consider your scooter’s condition to be absolutely fine and set the second hand scooter price to be 50 K. But, after inspection if it is found that the condition of the scooter is low and the price cannot be claimed more than 20 K, then it will be a credibility issue. So, it will be better to avoid such complexities.
- Too low or over spending on repair
When you decide to sell your old vehicle, do not spend too much or too less on it. Even if you spend a lot of money on your used scooter or car, it will not increase the second hand scooter price abruptly. There can be cases where the money you spend on repairing the vehicle will not be regained while selling it. The case be even opposite. If you think selling the used car as it is, dirty and broken to the next user, then you are taking a wrong step. You should at least wash your vehicle well to make it clean and presentable and then check car value in Malaysia as per the market and industry standard of the country, in case you are in Malaysia.
- Forgetting about the paperwork
If you are too much concerned about your second hand scooter price and car valuation, you will surely forget the most important thing that is the paperwork. You need to pass on the important documents such as RC Copy, Insurance Copy, additional warranty, RTO service, loan papers, etc. A buyer as well as you as a seller may face difficulties at a later stage, if these papers are not handed over properly.
However, there can be n number of mistakes that can ultimately ruin your transaction. These are some of the basic mistakes that most sellers commit, so it will be better to learn from their mistakes and never repeat them again.