Hi there,
Anyone knows any good dealer that we can trust and sell our car to?
<snip>
Thanks for sharing.
Cheers
Hi there,
Anyone knows any good dealer that we can trust and sell our car to?
<snip>
Thanks for sharing.
Cheers
Last edited by shri; 02-12-2015 at 04:31 PM. Reason: Specifics belong in classifieds ads...
When selling my own cars, and I have bought and sold quite a few over the years, I generally find advertising them in the expat car classifieds on this site and on Asiaxpat to be the most effective.
Refrain from high balling an unrealistic price, advertise for a fair price on Saturday morning, and you should get calls. I always got at least 10 calls during the weekend selling my own cars this way, and usually sold the car by Sunday, or a few days shortly after the weekend.
It's also generally harder to sell convertibles during winter, but you know that right ? Best time for a buyer to snag a convertible bargain is during winter... Best time to sell a convertible for top dollar is just before or during the warmer months of the year.
The same rules apply the world over...
Last edited by Skyhook; 02-12-2015 at 05:15 PM.
The short answer is NO.
Why not try the classifieds at Geoexpat?
Dealers can be unscrupulous and will offer you much less than the market rate to generate a decent profit.
Umm not true under a consignment sale agreement. The dealer gets a commission based on the agreed price that the owner of the car is willing to accept. The dealer is only acting as the agent.
Commission rates are between 10% and 20% ( depending on the dealer ) of what the dealer sold the car ( on behalf of the owner ) to the buyer for.
Now if you are selling a car directly to a dealer, then that is a different matter, as dealers work on wholesale values when buying outright, which are generally around 30% - 50% less than what the market advertised retail used price that said vehicle usually sells for on the shop floor for.
Last edited by Skyhook; 02-12-2015 at 05:27 PM.
Yes Skyhook, it is correct to say that under an assignment contract a dealer would benefit from a higher sale price since his / her commission would provide a larger amount on an increased sale price.
However the TomT asked about selling his car to a local dealer and not having a local dealer sell his car on his behalf.
My opinion was premised upon the situation that you referred to in your final paragraph - and it seems we are on common ground in this respect.
Many thanks guys for the information.
i m considering to place an ad here. Any idea how is the payment mode like? I dont mind paying for the ads.