The reality behind selling/buying Used Car - Online vs Offline

Modern day advertising and marketing have become an easy and simple procedure for anyone to sell their car. Selling anything which has been used or even brand new is now just a few clicks away from reaching potential customers. Cars are the next big item after real estate which is being held for sale in many online and offline selling platforms. It may sound beneficial for selling your car privately but there can be a number of scams. A large number of cars which are used or brand new are put up for sale in a very attractive manner with images of the car. As we know everything has a good side and also a bad side.

When starting to speak about the advantages of selling your car online, let’s talk about the obvious facts that there is no extra or any additional cost you have to bear when putting up an item for sale online. So online selling is absolutely free but there might be a minor amount at some point in time. It is the most cost-effective mode of promotion.

Through selling your car online, you are able to reach a bigger capacity of people which means in other words that, you get a wider exposure to your car in comparison to the offline market. This would allow many people of all ages and interest to come across your car and purchase it or even spread the message around. And by posting it on more than 1 website will indeed expand your number of viewers in comparison to the offline market where you will find a limited number of interested buyers or sellers.

Selling your car online is simple and convenient as it could be easily done through an electronic device such as your mobile phone, tablet or even your computer whereas offline buying or selling is not that comfortable as you are not able to get all the necessary information in the comfort of your home. The online market makes it easy for sellers and buyers to sell pre-owned car online.

Selling used car online could also be a risky practice in comparison to offline as it helps us to not get caught up in any fraud or scam. Selling a used car in India can be a tricky process as there is a number of ways to sell but to get the best price brings us in a dilemma where to sell.

To sell pre-owned car online can lead to an invitation to scammers. Therefore, avoid disclosing personal information like address or workplace. It might put you in trouble which you never expected. And in this situation can be said for the methods as you get in touch with different prospective buyers or sellers.

Gaining customer trust is a risky thing as the customer you meet is a total stranger to you at the beginning while you are selling/buying a used car. Therefore, you might not know any information or even past activities of the buyer/seller. There would also be an interrelationship of doubt in trust between both parties which is the buyer and seller. The seller may find it hard to trust the buyer and the buyer will also be in doubt about the seller wondering whether it’s a genuine product or not.

An investment of time, and maybe even a bit of money, is necessary to get the process rolling, both of which can be tagged as disadvantages. In addition, once you advertise your car for sale, time and money are still a factor, all the way up until you close the deal and hand over the keys to the new owner, which is when you can hopefully realize the fruits of your labor.

The amount of legwork you will have to do is considerably more when you are selling your car offline in comparison to offline. For example, you will have to spend time cleaning the car inside and out to make it more appealing to interested buyers.

After you've invested all your time into talking to an interested buyer via phone or email, setting up a meeting and showing the car, the buyer may say he wants to buy the car from you. While that's definitely an advantage, you may have to negotiate, which can be a disadvantage as there is a fluctuation in price in selling the used car but when you visit an online site for these services you will get a fixed price to sell pre-owned car online.

If you've ever tried to trade in a vehicle at a car dealership, you probably know that the results are often less than desirable. However, if you put in the time and effort to sell pre-owned car offline, it's possible to make a profit or at least break even, which is an advantage. For example, if your car is paid for, you can usually sell it for more than a dealer would give you. According to information on the Consumer Reports website, you can always expect to get more than the wholesale price. Even if you owe money on the car, you still may be able to make a profit after a private sale or at least make enough to pay off the car, which is definitely in your favor.