Best Rate selling old car

**Allan023** · August 3rd, 2016 10:43 AM

Good day mga Sir. Need tips selling my old car. I want to avoid the hassle of selling it to a direct buyer so I can avoid paper works. I also want to ensure ownership is transferred to avoid possible problems in future. Remove risk of theft. I'm okay to lose maybe 15% as compared to selling it to a direct buyer. Pero ayaw ko naman ng trade in na parang junk shop mag presyo. Thanks.

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**red_one** · August 3rd, 2016 10:48 AM

What car model and year?

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**Allan023** · August 3rd, 2016 11:08 AM

Honda city 2008. But don't want it to sound like advertising. Tips or suggestions on establishments that offers good rate generally and easy to deal with

salamat ulit

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**MR_BIG18** · August 7th, 2016 10:08 AM

Originally Posted by Allan023

Honda city 2008. But don't want it to sound like advertising. Tips or suggestions on establishments that offers good rate generally and easy to deal with

salamat ulit

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Do the -30% first year, then -10 per annum after that +/- 15% for formula

**dr. d** · August 3rd, 2016 11:22 AM

Originally Posted by Allan023

Good day mga Sir. Need tips selling my old car. I want to avoid the hassle of selling it to a direct buyer so I can avoid paper works. I also want to ensure ownership is transferred to avoid possible problems in future. Remove risk of theft. I'm okay to lose maybe 15% as compared to selling it to a direct buyer. Pero ayaw ko naman ng trade in na parang junk shop mag presyo. Thanks.

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selling it to a direct buyer, will get you a better price. you can have the deed of sale notarized yourself, keep an original copy for yourself, and give the other copies to the buyer. it's really not too much of a hassle.
selling it to a bayan seller is always akin to selling it to a junk dealer... baratilyo y por kilo! but it is less hassle... if you are ok with open deed of sale documents. (google it, sir, to see the cons.)
make sure the car is in good working order, and clean and neat. buyers like good-lookin' cars.

i am not sure about consignment basis...

**Allan023** · August 3rd, 2016 09:01 PM

Thanks sir. I-try ko rin sya i-post for direct buyer option. But in case, meron din ba kayo alam na establishment na mas okay mag presyo vs trade in and similarly hassle free?

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**Walter** · August 4th, 2016 06:46 AM

If you are not in a hurry to sell the vehicle, there is really no reason to be too paranoid. Deed of sale can be copied / downloaded. Notarization does not cost that much, maybe about 500 pesos give or take. Post your ad online (olx, tsikot, etc). Meet up at a convenient public place or at your residence, bring a companion along. Have test drive in a mall parking lot if you want to be safe.

If you check online ads, some sellers of high end cars are also direct and private sellers. Just practice common sense and be vigilant.

**dr. d** · August 4th, 2016 09:15 AM

Originally Posted by Allan023

Thanks sir. I-try ko rin sya i-post for direct buyer option. But in case, meron din ba kayo alam na establishment na mas okay mag presyo vs trade in and similarly hassle free?

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there's this used car store in bicutan. they accept consignment, daw. contact them to see what they have to offer.
but i can see it now... "sir, your car (whatever model it is, i'm sure they will say the same) is not exactly a bestseller right now.. baka po matagal mabili yan sa presyo nyo. kung ibaba natin ang asking price..."

**papi smith** · August 4th, 2016 11:14 AM

Originally Posted by Allan023

I'm okay to lose maybe 15% as compared to selling it to a direct buyer. Pero ayaw ko naman ng trade in na parang junk shop mag presyo. Thanks.

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This is workable. Check the most realistic lowest prices at olx, go to a 2nd hand car dealer and ask for their best offer. Negotiate it near your 15% loss margin.

Thing is, they will most probably require an open DOS or you can ask them to make a fastbreak sale for you, in this case, they already have a prospect and they just arrange for you to meet, with them having a small tong-pats on the sale price, and they handle the papers since they have in-house or a suking notary public nearby.

**Allan023** · August 7th, 2016 09:16 AM

Salamat sa mga tips Sir, very enlightening

inquired sa mga Buy and sell establishment and they offered 80k-100k less than what I'm asking. Posted sa OLX and received rush offer 60k less than asking. There are also several inquiries in just a day after posting. I decided na mag direct buyer seller na lang, and not to rush the sale.

Btw, there are minor defects sa car. By minor, meaning I always drive confidently with my family as I know the defects will unlikely cause accidents - example, can't open trunk with key, hand break sometimes difficult to release, dents, flywheel etc. I don't plan to fix them before the sale. Rather, declare them all and give discount approx repair cost. Is that okay?

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