I wanna change cars. Already identified my new choice, but now I want to sell my current car.
Got offers from the dealer where I want to buy the new one different brand), one from the shop where I bought the car and one from a professional 2nd hand dealer. None of them was really satisfying, although my old dealer where I bought the car came close to it. He pointed out that he knows me, so he would pay a premium.
I fully understand that the 2nd hand car market is still very premature here and a lack of trust is a huge issue. But when I compare the lost value here with what several European online tools to evaluate 2nd-hand cars calculate, I am pretty shocked how low you have to go to sell.
Anybody got experience on this or an idea where I could get a price that reflects the value better?
first when you plan selling your secound hand car check what is the price of a new car because car price keeps droping speically for japanese brands like toyota and honda
then you can calculate the price
Hi, I am looking to buy another car for my wife, please give me the specific details of your car, and may be we set up a deal?
Hi Edbraz, confirm me as a friend, then I can send you more details.
I can tell you of my recent experiences in selling a 2nd hand JinBei Van.
As soon as I told people that I was buying a new van I had people asking about my old van. In the end I sold it to a guy I know that wanted to use it as a surf van so that his everyday car didn't get knocked about. I actually made a small profit on the van considering that I had spent some money on maintenence, insurance, etc but the problems came when changing the name on the van's papers. I became increasingly concerned that a vehicle was driving around with name as the legal owner and that any accidents or driving offices would come directly to me. In the end it took about 5 months for the new owner to change the name , only once the new owner understood that if he didn't react quicly I was going to close the van's file in the Polie Traffic department thus basically making the van illegal to drive on the road.
Even on the day the van went to the driving entre in Xili there was a bit of drama as the van was involved in a small accident and then it turned out that the new owner hadn't bought any insurance.
Anyway from my experiences I think that you will get a much better price by selling you car to a friend, colleague or by placing online adverts by once the sold I would make sure that the name on the papers are changed at the same time as you receive the money. I wouldn't like you to go through the same situation that I had to with seemingly responsable people.
Thanks for sharing this experience, Symon!
Planned to change the registration same time with the cash deal. Your experience confirms how important that is!
I sold it to the dealer where I bought it from. I was not buying another car then, but we've got a good deal and everything was taken care of by the dealer. Also, it was done pretty fast, within a week, I got the money and the car was no longer under my name.
If you are planning on changing your car i would suggest you go with the dealer.
I sold my 2007 Honda Fit a few years back. Like you I went to some dealers to get an offer. The highest offer I got at this time was 62000 RMB, which in my opinion was way to less. So I took a look at the internet and found www.58.com I compared the prices to other cars, and since mine had some modifications I decided to put it in at 80000 RMB.
A few hours after I announced the car my wife got a call from a car dealer. After he came by and discussing about 3 hours he finally bought the car for 72000 RMB, which is 10000 more than any other dealer offered me before. You just have to show them that you are in no hurry to sell your car.
It also helps to polish and clean your car professionally from in and outside.
I hope this helps you to get a better deal on your car
At that time I was in a hurry to sell my car, since I was going back to my country for a year and I've got a fairly good deal fast and worries free.
Also, after 4 years of use my car looked new in and out. Still had the protection stickers on the radio and the doors, was never crashed and never had to be taken for repair.
It all depend how you want to do it, if you want to do it privately, (sell to another person yourself, you need to deal with all the paperwork and that is hell), you go to a second hand dealer you do not really know what you are getting into until you are in, is a 50/50 chance. If you go to your dealer, you know the guys, the service may be better and they will take care of everything for you.
I think it is all the same here. Like you said it is a 50/50 chance of making a good deal or getting screwed over. And like it is with all things in China, the better you inform yourself the less trouble you will have. So I think it is a good thing we have sites like shenzhenstuff.com where expats and English speaking locals can give each other advises!