As a customer, we are constantly trying to make informed choices. When we are in the market for buying any product, we keep our trust in our due diligence most of the time. But we are constantly trying to make the best possible decisions. Be it buying a cosmetic product or availing of a service, informed choices help to make the right decision. Now, when it’s buying or selling a car which is undoubtedly a big decision for us, we often fail to show that kind of rationality.
As a seller, we think whatever price the dealer is quoting or the buyer is offering is fine. On the other hand, as a customer, we don’t negotiate much but finalize as the dealer or seller asks with little alternation. Once you have decided to sell or buy a car, take the help of the used car valuation toolto find the correct price of the car. Not only, it helps to negotiate confidently but also understands the actual resale price for the car.
The used car market of the country is getting voluminous with time. All kinds of buyers are visiting this market especially the online platforms for the best deals. Used cars are sold 1.5 times more than new cars in India. Another interesting aspect is that almost 57% of first car buyers are buying pre-owned cars. This means, the trustworthiness of the market matters.
Importance of car valuation for sellers
Car valuation is important for sellers. Some top-class websites offer free-of-cost car valuation for sellers. They provide a car valuation onlinetool where you are asked some basic information about the car and when you feed the system with all the essential data, they take a few seconds to assess the value and suggest a resale price of the car. As a seller, you can use the valuation to negotiate the price with the dealer or buyer. In the used car market online, this resale value helps you to get the correct price as per the present condition of the car. Ultimately, every seller wants some profit from resale; otherwise, what’s the use of selling the car?
Importance of car valuation for buyers
As a buyer, you can’t estimate the correct price of the car just seeing it twice or thrice or test driving it once. You need to calculate resale valueof the car with the help of the correct valuation tool to know the market price or what could be the market price of the vehicle. Then, you will be able to negotiate with the dealer or seller with due diligence. It can end up in a profitable deal.
Check car valuation – What are the benefits of car valuation?
Once you have decided to sell your car or buy a used car, car valuation should the primary agenda in your mind. Here are some obvious benefits of car valuation for both seller and buyer –
- Best deal
With the right kind of used car valuation tool,you get a fair estimate of the car or the cars of the same type. For the seller, this is the best way to obtain the best value for the car. As a seller, you might be interested in maximizing the profit while the dealer or buyers will try to decrease the value by stating different issues in the car. When you are using the right online source for valuation, no one will be able to pressurize you with the wrong data. The same is true for a buyer as well. It’s good news that online platforms like Droom now offer proven valuation tools and certified cars that enable the buyers and sellers to settle at the right selling price.
- Safeguard against fiddly practices
As a seller, you may not know every technical matter. As a seller also, it is not necessary that you have to be aware of every technical matter of a car. Now, your ignorance can be other’s advantage. You’ll not be able to negotiate correctly if as a buyer you have no idea that the car has an intricate technical issue or a seller, the buyer says that the car has a technical issue. With the car valuation online tool, you are protected from all these tricky matters.
- The sale or buy with confidence
Knowing the correct price lets you deal with the buyer confidently and vice versa to buy used cars. In any circumstances, whether you are selling it to a dealership or dealing directly with the buyer, knowing the resale value of carboosts your confidence. The same is true for the buyer as well.
Reside on an online platform for the best deal
If you access Droom, it will be a completely different experience for you. Here, you get the OBV value of a vehicle that indicates the fair market value of a vehicle. Moreover, the used car market in India is getting organized with the help of online car dealing platforms. They have opened up a new and trustworthy avenue for you to buy or sell your car at the best price.