Monday, November 28, 2016

How to decide the right sale price for your used car

Finalizing the decision to sell a used car is influenced by a number of factors. The most important confusion which creeps up in mind is to decide the right price of the car. There is a risk associated while deciding the price. If you overprice the car it is very difficult to find a prospective buyer for the car. On the other hand there is the fear of monetary loss if you undersell your vehicle. The best way to decide the right price is to evaluate the used car on a number of parameters.


The price of the car when it was newly purchased is a very important factor which influences the price for used cars. The usage, the distance travelled by the car or in other word the number of kilometres the car has travelled and the condition of the car. With increasing age the increase in the usage and the distance travelled is quite natural. And so the price decreases.

Another very important factor which determines the price is the fuel efficiency it provides. The quality of the fuel used, the maintenance of the engine oils which affect the brakes, the clutch, and the overall drive-abilities are very important. used cars having higher fuel efficiency are going to have a higher value.

Age of the car is a very important aspect which decides the resale value. With increasing age the resale value of the car undergoes depreciation. Day after day the automobile companies are coming up with new models. So the older the car becomes, the more outdated becomes the model. The age of the car also influences its drive-abilities.

Age of the car is a very important aspect which decides the resale value. With increasing age the resale value of the car undergoes depreciation. Day after day the automobile companies are coming up with new models. So the older the car becomes, the more outdated becomes the model. The age of the Used Car also influences its drive-abilities.


The car which makes a good first impression will always garner a higher value. The first impression that a car makes is influenced by a number of factors. The exterior and the interior of the car mostly decide about its first impression. The maintenance which has been carried out under the hood also plays an important role. The speed lag, the suspension, the underneath and the cornering are the drive-abilities. The noise of the engine also an important as it generally tells us a lot about the health of the engine. A well maintained car with clean interiors having a good neat and clean seat cover, clean floor mats, a covered steering wheel, a well maintained AC and glitch free windows is surely going to make a great impression. A perfume is a very good idea to deck up the aesthetic factor as well.

Like the interiors, the exterior also plays an important role. A fresh coat of paint, dents and bruises well taken care of and a rust free body is surely going to make an impact. Various car functions like the AC functions, the central-locking system, the power windows, Lights, indicators, steering, door-locks, and the braking abilities – all of these highly influence the price factor for used cars.