The overall elegance in terms of looks, feel, performance and safety aspects allows these premium cars to raise their stocks post buying them. Any person who has an Audi, Mercedes-Benz or a BMW would know exactly what makes these cars stand out from the regular and popular budget-segment cars in India. 

Many owners sell their cars after using it for a few years due to various reasons. The good thing about luxury cars in Kerala is the rate they fetch even after they are used for a considerable amount of years. If you are planning to sell luxury car in Trivandrum, here are a few tips to consider.

What is it with selling luxury cars in Trivandrum?

If you believe to sell your luxury car in Trivandrum, always understand the rate of depreciation is imminent on any first-hand car. On an average, the depreciation rate for a 5 year + car is more than a car that’s sold within the time range.

This means, if you own a BMW, Audi or a Mercedes-Benz that’s not more than 5 years age, you are likely to fetch top resale amount versus what you might have got for a budget car.

The value of a luxury car in terms of interiors, exteriors, performance and safety features are always year’s ahead of what a budget car could deliver. The premium elegance and consistent performance of these cars hikes up the rate for the seller. Over the past many years, the growing demand of second hand luxury cars in Trivandrum has risen to a large number, and many aspiring Indians are purchasing these used vehicles for a lesser rate.

How can I sell my car in Trivandrum?

There are two ways you can plan for luxury car sell across Trivandrum:

• Direct finding of potential buyers: Finding buyers to sell a luxury car might fetch a better exchange rate with no brokerage or platform fees, but the hassle to market and find the rightful buyer might be tough. From servicing your car to completing paperwork formalities and watching the monetary transactions, every single step requires your attention that’s both tiring and time-consuming. Additionally, while dealing with the buyer, sellers need to affirm their credibility and assurance as there might be a higher chance of duping or committing financial fraud.
• Trusted online/offline channels: This is arguably the best way to sell luxury car and have a hassle-free experience. With mediating channels, you have a large set of buyers offering the best price for your car, and you receive an assurance from the platform you're dealing with. All the profiles signed up are verified and there remains no chance of duping you with anything. Moreover, these agencies have agents who would help you with all the RTO and paperwork formalities, while some even help the buyer with the financing process. In all, they take up a very small percentage as commission for any luxury car they manage to sell off. This percentage is justifiable for you as a seller, because of the assurance you receive on an expensive possession such as a luxury car.

How to sell my car quickly in Trivandrum?

Now that you know the ways and means to sell your car, here is a quick assessment on how to sell your luxury car with ease and with a hassle free approach:

Conduct a thorough checking up of the vehicle

Luxury cars are known for their exclusivity and elintness combined. Therefore, a potential buyer might take up time to inspect all the nitty-gritty aspects of the car and point out any flaws both internal and external. This is where you need to make a few repairs and send the car for a comprehensive servicing. You get an assurance that the car is stable and working condition once you complete the servicing part. 

Changing internal components like spark-plug and adequate oiling of the engine would make the car operate smoothly. With finesse being a key stand-out feature on premium car, this is what changes the equation.

Service History Papers on Check

Service history of a car defines the date, and the event of all major and minor servicing you might have conducted. A service history document proves the car has all the features checked and replaced accordingly. 

Buyers would accompany mechanics and experts, who might even request the service stations and get a word of mouth on the car and the parts changed according to the document. Therefore, do not hide any papers that tell of a major change in the vehicle at any point of time.

Tick the documents

Here are the documents to check before you sell prestige car of yours to any buyers, including:

• RC/ Bluebook: Original papers of RC/ Bluebook are mandatory for selling any luxury car in India.
• PUC: PUC defines the vehicle of emitting standard pollution levels that’s tolerable under the RTO regulations. A fresh PUC certification is a must for selling a used car.
• Insurance: Insurance of a car should be cleared to the latest date. Because a luxury car without insurance would find almost no takers.
• Form 28: The usage of Form 28 assures the car does not have any impending police challans, legal disputes and taxation dues associated with.
• Form 35: This is an important document that affirms the car does not have any financial dues remaining from the bank. If you have used bank loans in the past to buy the car, you need to issue Form 35 once the tenure of repayment is complete. The bank would remove hypothecation stickers from RC as well as the car. This affirms a legal assurance of the car being genuine.

Pricing Talk

When you sell your luxury car, always make sure to justify your price point with all the conditions of the car and the papers in question. Being realistic about prices with depreciation calculation would help you quote the right price. 

Top luxury car brands such as Mercedes-Benz, Lexus, Audi and BMW also offer safety features that stand out ahead of a budget car. Therefore, make sure to include all these aspects and negotiate the pricing of a car to a justifiable level.

Final thoughts

There you are with xDrive’s guide on the best way to sell expensive car today. Feel free to check our site at www.xdrivecars.com today, and feel free to ping us for more information on both buying a second hand car and selling a car from our portal.