Selling Problem

zabcd · 24th July 2006, 01:50

Guys
Not sure if this is the right forum for posting this query-but I'd appreciate some help.

I have a new accent 1.6 GLS, which I bough in Nov 2005 and drove till Feb 2006. Then I had to relocate to the US and I am finding it extremely difficult to sell this car-even though I'd imagine anyone would snap it up at the discounts I am offering (75K-1L) and the freebies I am throwing (Original Sony music system, vinyl seat covers etc.)

How can I get the best market and price for this car? Mods, apologies-if this should be in the marketplace-I can't post there (newbie status) and I really need help on this.

ajmat · 24th July 2006, 04:31

[quote=zabcd] I'd imagine anyone would snap it up at the discounts I am offering (75K-1L) and the freebies I am throwing (Original Sony music system, vinyl seat covers etc.)

[quote]

There is your problem - you want too much !

zabcd · 24th July 2006, 05:23

Yeah
I guess you are right-I researched a bit in the last 30 mins, and found that similar cars are selling at 5L or so. Didn't realise depreciation bites so deep.

Any clues (specially from thsoe in similar sitauations) on how I could best peddle my goods?

varunroy · 24th July 2006, 18:37

Quote:

Originally Posted by zabcd

Yeah
I guess you are right-I researched a bit in the last 30 mins, and found that similar cars are selling at 5L or so. Didn't realise depreciation bites so deep.

Any clues (specially from thsoe in similar sitauations) on how I could best peddle my goods?

Now that you are being realistic. Give an Ad in the classified section of any leading Newspaper giving all the details like Model, Year/ month/ date,
Colour, Make of tyres, Accessories, Kms covered, Expected price, Negotiable/non negotiable. Give reason for selling the car. Even though this ad may cost you about 2-3K its worth it. You will be surprised how easily you say good bye to your car.
I spent 2500 for an ad in the Dccan Herald, Bangalore for the sale of my Sumo and you won't belieive it the first Guy who called at 6.00 AM in the morning picked up my car. I told him if he is thinking of bargaining he is wasting his time as well as mine. I got the whole amount I wanted by DD. Try it, I am sure you'll succeed.

All the best & good luck.

So long....

zabcd · 25th July 2006, 02:06

Thanks Varun

This is good advice....

lamborghini · 25th July 2006, 13:05

Bro,
the reason you may be finding some difficulty in selling the car is because people are generally suspicious of buying such a car.
Also a majority of buyers buy their cars on a loan and after taking a loan, the difference in price is only 30K - 40K and hence buyers would prefer a new car.
Your selling price should be 70 - 80K less then the exshowroom price of the vehicle after discounts.
Cheers

man23ish · 25th July 2006, 20:27

Quote:

Originally Posted by zabcd

I'd imagine anyone would snap it up at the discounts I am offering (75K-1L) and the freebies I am throwing (Original Sony music system, vinyl seat covers etc.)

Alternatively you can remove your original sony music system and seat covers, and give the car in ex-showroom condition at a lesser cost to cut down your losses.

People can put in their own music system as they please.. You can carry your music system to USA and use it there or keep in your garage and use it in your next car when you come back from USA.

friends9811 · 25th July 2006, 20:39

Dear friend,
plz forward me the deal & ur city.One of my friend is looking for used accent.
might be i can help you.

regards
friends9811.

zabcd · 25th July 2006, 20:42

Thanks Guys, just in case someone needs ot go through this again-here are the things working and not working for me:

1. Speak to a few second hand car dealers around. I got 3 leads in a day
2. Talk to a new car dealer-if you have a good relation. He can facilitate the sale and people tend to trust their advice about the condition of the car. In any case, get a certificate from your dealer about the maintenance condition and history of the car.
3. Don't go to Automart India.
4. Putting your problems up for help on BHP helps!

mohit · 25th July 2006, 20:46

Quote:

Don't go to Automart India

Do go there.... Just to know the absolute rock bottom price that you can get for your car. helps to know when you have to quote a realistic price to the prospective buyer.

varunroy · 30th July 2006, 12:38

What's the latest zabcd ? Any luck ?

So long....

esteem_lover · 1st August 2006, 15:25

Quote:

Originally Posted by zabcd

Thanks Guys, just in case someone needs ot go through this again-here are the things working and not working for me:

1. Speak to a few second hand car dealers around. I got 3 leads in a day
2. Talk to a new car dealer-if you have a good relation. He can facilitate the sale and people tend to trust their advice about the condition of the car. In any case, get a certificate from your dealer about the maintenance condition and history of the car.
3. Don't go to Automart India.
4. Putting your problems up for help on BHP helps!

adding a few more

5. Visit 2nd hand dealers (Read as frauds) & ascertain the sky high price they quote for a similar vehicle.
6. Visit another few 2nd hand dealers(Read as cheats) & ascertain how much they will give for your car.
7. work out the difference & u can arrive at the right price to give away ur beauty to a genuine buyer for a genuine price which will be satisfying for both

varunroy · 1st August 2006, 15:35

A friend of mine sold his 87 model M800 for 40,000 this morning. He gave a detailed add in the Free Ads weekly and somebody knocked his door at 6.00 AM and bought his car. Earlier all these dealers were offering him only 20K and it was lying on the streets for over 2 months.

There are always some genuine buyers who don't mind paying a little extra for a good piece. Our aim should be to identifiy these people.

It appears that the car is already sold, because there is no feedback from zabcd.

So long...

24th July 2006, 01:50	#1
zabcd BHPian Join Date: Aug 2005 Location: New York/Delhi Posts: 37 Thanked: Once	Selling Problem Guys Not sure if this is the right forum for posting this query-but I'd appreciate some help. I have a new accent 1.6 GLS, which I bough in Nov 2005 and drove till Feb 2006. Then I had to relocate to the US and I am finding it extremely difficult to sell this car-even though I'd imagine anyone would snap it up at the discounts I am offering (75K-1L) and the freebies I am throwing (Original Sony music system, vinyl seat covers etc.) How can I get the best market and price for this car? Mods, apologies-if this should be in the marketplace-I can't post there (newbie status) and I really need help on this.
	() Thanks

24th July 2006, 04:31	#2
ajmat Team-BHP Support Join Date: Feb 2004 Location: Bangalore Posts: 15,059 Thanked: 29,706 Times View My Garage	[quote=zabcd] I'd imagine anyone would snap it up at the discounts I am offering (75K-1L) and the freebies I am throwing (Original Sony music system, vinyl seat covers etc.) [quote] There is your problem - you want too much !
	() Thanks

24th July 2006, 05:23	#3
zabcd BHPian Join Date: Aug 2005 Location: New York/Delhi Posts: 37 Thanked: Once	Yeah I guess you are right-I researched a bit in the last 30 mins, and found that similar cars are selling at 5L or so. Didn't realise depreciation bites so deep. Any clues (specially from thsoe in similar sitauations) on how I could best peddle my goods?
	() Thanks

25th July 2006, 02:06	#5
zabcd BHPian Join Date: Aug 2005 Location: New York/Delhi Posts: 37 Thanked: Once	Thanks Varun This is good advice....
	() Thanks

25th July 2006, 13:05	#6
lamborghini Distinguished - BHPian Join Date: Apr 2004 Location: Mumbai Posts: 6,138 Thanked: 5,843 Times View My Garage	Bro, the reason you may be finding some difficulty in selling the car is because people are generally suspicious of buying such a car. Also a majority of buyers buy their cars on a loan and after taking a loan, the difference in price is only 30K - 40K and hence buyers would prefer a new car. Your selling price should be 70 - 80K less then the exshowroom price of the vehicle after discounts. Cheers
	() Thanks

25th July 2006, 20:39	#8
friends9811 Newbie Join Date: Jun 2006 Location: delhi Posts: 23 Thanked: Once	i am intrested Dear friend, plz forward me the deal & ur city.One of my friend is looking for used accent. might be i can help you. regards friends9811.
	() Thanks

25th July 2006, 20:42	#9
zabcd BHPian Join Date: Aug 2005 Location: New York/Delhi Posts: 37 Thanked: Once	Thanks Guys, just in case someone needs ot go through this again-here are the things working and not working for me: 1. Speak to a few second hand car dealers around. I got 3 leads in a day 2. Talk to a new car dealer-if you have a good relation. He can facilitate the sale and people tend to trust their advice about the condition of the car. In any case, get a certificate from your dealer about the maintenance condition and history of the car. 3. Don't go to Automart India. 4. Putting your problems up for help on BHP helps!
	() Thanks

30th July 2006, 12:38	#11
varunroy BHPian Join Date: Oct 2005 Location: Bangalore Posts: 385 Thanked: 13 Times	Update ? What's the latest zabcd ? Any luck ? So long....
	() Thanks

1st August 2006, 15:35	#13
varunroy BHPian Join Date: Oct 2005 Location: Bangalore Posts: 385 Thanked: 13 Times	A friend of mine sold his 87 model M800 for 40,000 this morning. He gave a detailed add in the Free Ads weekly and somebody knocked his door at 6.00 AM and bought his car. Earlier all these dealers were offering him only 20K and it was lying on the streets for over 2 months. There are always some genuine buyers who don't mind paying a little extra for a good piece. Our aim should be to identifiy these people. It appears that the car is already sold, because there is no feedback from zabcd. So long...
	() Thanks