Welcome to the topic “FAQs when selling your car in the Philippines“
Selling your car can be a very complicated process. There are many steps that must be taken and many things that must be kept in mind to ensure the process goes smoothly. When you sell your car, things you’ll have to take care of include getting the car ready to sell, figuring out the best way to sell your car, and deciding how much you should ask for your car.
Now, selling a car can be tough, but it becomes easier when you have the right preparation and know what to expect. With that, let us help you through the process by determining the FAQs when selling your car in the Philippines.
Can I get my car appraised online?
Yes. You can use online applications such as Carousell by searching the brand and model of your car and then depicting its price to give you a great idea of the current market value of your car.
However, it’s a good idea to have it appraised by a professional for a detailed and accurate price. This is so they can take a look at many factors like age, mileage, modifications, conditions, etc., to make sure that you are getting the right price.
Can I sell my car even if I don’t have any title or paper documents?
No. You need the right documents to sell your car in the country. Remember, selling a car is obviously more of a tedious process than selling a smartphone. You have to have the original copy of the Certificate of Registration, Original LTO Plate Numbers, Notarized Transfer of Title, and so much more to be able to transfer the ownership of your car.
Without these documents, a buyer might not trust you because you didn’t put in any effort to prepare or retrieve all the necessary papers.
Is car viewing necessary to sell my car?
The short answer is no. Car viewing is not necessary for sales. However, car-viewing is usually a good idea for the buyer. Car viewing allows the buyer to see the condition of the car in person and make their decision on whether or not to buy based on their own experience. In the process, you will also be able to show them the features and condition of the vehicle.
What are the things to do to close the deal of selling my car?
When selling your car to someone, you want to make sure that it goes off without a hitch. To do this, remember the following:
- Never release the car unless you receive the payment.
- Issue a receipt and a deed of sale.
- Hire a lawyer or a witness to foresee the transaction.
- Discuss all information about insurance, warranty, and car maintenance to prevent any inconvenience in the future.
It can be tough to sell your car. The process can be long, tedious, and intimidating. But when you sell your car, you should follow a few steps – which include reading FAQs and doing research, to make sure that the sale goes smoothly and you have a fair shot at it as well as the buyer.
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