How to Get the Best Value when Selling your Car

Hello World!  Welcome Friends!  The automobile market has been growing at an extremely fast pace for the past few years and technology is changing at the blink of an eye. With the rise of aspirations and disposable income of the working class around the world, the desire to upgrade cars and invest heavily in them is rising steadily.

Given these changes and more, a global shift in the purchase and sale trend has been noticed over the last few years. The market is more competitive, there are cars that cater to every income stratum of society and financing options have also become viable of late.

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The latest trend is to catch up and gain momentum on the online platforms now available to evaluate the worth of our cars and assist consumers to sell used cars, especially in highly dynamic markets of Asia and the middle-east. One such online forum that is a one-stop shop for the 21st century buyer is CarSwitch – a major e-commerce company that provides an opportunity to explore latest models, access reviews and obtain expert opinion from them.

As part of the working class that leads a fast life, particularly in big cities like Dubai, we need access to an open forum that provides solutions and answers to all our queries related to buying/selling automobiles; readily available at our fingertips. Gone are the days when people would rely on word of mouth to establish the worth of their car and reach out to middle-men physically, who would help set-up a sale opportunity, without any open market, reliable opinion available to judge the true-worth of the car.

For a fast-paced life, I’m sure we would all love a one-stop solution overnight on how to sell a car online in Dubai, or any other city for that matter. To have a reliable opinion on the valuation of our car, the exchange offers available, funding and loan options, along with an open platform with customer/expert opinion would catalyze the process and dream of upgrading to a newer, better vehicle that suits our needs and falls within our budget.

Having said that, it’s important for us to understand that identifying the life-cycle of our current vehicle, it’s estimated run so far, the number of years that it has been used, estimated amount spent on repairs and maintenance are some of the factors that we must attempt to self-evaluate to assess the estimated cost bracket that we might be able to sell our car for in the market. It’s important for us to determine “who will buy my car” to know what sort of market to aim for. This helps us escape the so-called “experts” who may undervalue the vehicle for us and end up earning a personal profit in transition while selling the vehicle ahead.

Once the decision is made to approach a forum/company that will assist us in the sale/upgrade of our car, it is important to get a second opinion to ensure that the established value is at par with the estimate we had in the first place. One cannot simply have too many opinions when it comes to accurately estimating the value of an investment we once made at the behest of our hard-earned money.

In some cases, bartering an old car for a new one with some addition of funds turns out to be a far better deal that simply splitting up the two processes and undergoing the buying/selling process separately. In such cases, it is forums like CarSwitch that help us make the right choice and squeeze out maximum monetary benefit from the remaining life of our old vehicle, in exchange for a new toy.

At the end, what really matters is being an aware of the market situation in terms of demand/supply, establishing a genuine rate for the car we choose to sell and making an informed decision with maximum inflow of expert opinion. After all, we invest a sizable chunk of our savings, take out a loan and do what we can to get ourselves that dream car we’ve been working so hard for. Let’s just make sure, that our investments reap their worth over time.

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