That depends on the profit margin of the dealer, they are all different. The dealer will consider:I want to sell my car. I really want hassle free process as I am an expat and want to keep things simple. I guess best is to sell to a trader who resell it…..
Any idea on how much lower as % vs private sale I will get from them? E.g. let’s say a private seller is willing to pay 400k, what should I expect from a trader. Thanks
That depends on the profit margin of the dealer, they are all different. The dealer will consider:
Based on a condition report the dealer will come up with a figure, it will always be way below retail value, he needs to eat and make a profit, plus repair costs to make it saleable, and still come out at a marketable cost. Put yourself in his shoes, any vehicle not sold in 4-8 weeks is a loss, less if his margins are lower.
- Marketability: Is the vehicle a tried and trusted brand?
- VW Polo vs Maserati
- Colour: How easy is it to offload?
- White vs metallic purple with orangey-yellow flames
- Modifications: Chimney exhaust, Ironing board rear spoiler on anything other than a WRX STi
- Kak mags (Autostyle specials on a Mercedes
)
- Condition: How can I convince someone that it will last?
- Full Service History -- books with stamps are 75%, dealer VIN # records 95%
- How does the owner care for it:
- Tyres tell a story, 4 different manufactures on all 4 tyres will not sell in Sandton, but maybe in Jules street
- Any "roadworthy" issues, like leaking fluids, torn CV joint boots, worn stabiliser / suspension rubbers, Light lenses cracked, excessive smoking, excessive noise, poor brakes (including handbrake).
- How "clean" is the car
- How clean is the car inside? Ashtray (and carpet) full of Gunston Plain stompies?
- How clean is the car outside?
- Faded paint, lenses and dash means parked outside in the sun most of its life
- Cracked windscreen / other glass
- Dirt buildup
- Overspray on rubbers and other items indicating bodywork
- "Orange peel" paintjob -- acceptable in Thembisa only
- Poor fitting body panels suggest chopshop / code 3 / township panelbeater
- Has it had a haircut?
- Foot pedal / gear lever / carpet / upholstery wear does not correspond with odometer mileage
- Agent / Franchise does not recognise books stamps and services
- Any wear on suspension that does not correspond with mileage
- All papers in order?
- License disk,
- Green paper,
- letter from bank with settlement figure / proof of settlement
20% below retail value if the car is in pristine (showroom) condition;
25-30% below if no roadworthy (for starters)
Any other issues, it can be far more than 30%
What vehicle do you have? What year model and mileage? What do you expect to get for it?
Thank you.
I have 2013 Prado VX petrol. 210k on clock and full franchise service history… no problem with the car and in excellent condition.
I am a second owner, bought it 9 months ago but selling as leaving country in next 3-6 months. The original owner put extras worth 120k original price.
Looking to get 400k.
They sent me a 300k offer which I outright rejected…. The car has 120k worth of extras alone…..Those things are worth an absolute mint currently due to the new vehicle shortage, you can sell them waaaaaay above the current retail value. Even Webuycars and their ilk give great offers for them.
They sent me a 300k offer which I outright rejected…. The car has 120k worth of extras alone…..
Trying weelee else will go private sale
Generally you don’t get much for extras when you sell a vehicle, just the way it is. Best to sell privately and find an enthusiast who will appreciate the value of what’s been added.
Bumping up to see if there is a company who helps with the entire selling end to end process. ThanksThank you, I am a bit concerned around selling privately.
Is there any company who helps manage the end to end process for a commission?
You can do the transfer of ownership as normal without doing roadworthy they just won't issue an updated license disc.My wife's car is a write-off, no insurance, the car is in the wifes name, and no bank or finance is involved. A friend offered to buy it and he will be fixing it and maybe use or sell it.
What is the best way to do the transfer in this scenario ? There wont be roadworthy obviously
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4. Go to your local traffic department and pick up the following:
4.1 One "Yellow" Notification of Change of Ownership/Sale of Motor Vehicle form. http://www.capegateway.gov.za/other...change_of_ownership_or_sale_motor_vehicle.pdf
4.2 One "Blue" Application for Registration and Licensing of Motor Vehicle form. http://www.capegateway.gov.za/other/2006/3/rlv_app_registration_licence_motor_vehicle.pdf
I am going to refer to the "Yellow" and "Blue" forms within the context of this post.
5. Download a sales agreenment and print it out. Found one http://www.cooperattorneys.co.za/Vehicle/sale of vehicle.pdf
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Are there perhaps updated URLs available in order to obtain 4.1, 4.2 and 5 as per the OP?
As the seller you only need to complete the NCO form (you give that to the buyer) and just give the buyer a copy of your ID and obviously the original registration paper, that's it. As the seller you don't need to do anything else, you don't need to go anywhere etc etc.
NCO form
With all sales agreements that are freely available on the internet for cars, you just need to adjust them a bit to suit your car sale. Some have "the car is roadworthy, or the car is free from all faults, etc etc etc" just take out what you don't need. Most importantly there must be a "voetstoets" clause saying the buyer accepts the car as is with all the faults...
Thanks, but would the Seller not want to hand in the NCO form in case the Buyer neglects to do so?
Is printing out the NCO form acceptable for the traffic department or does one need to go get it from there as a 'yellow' form?
Most definitely, just fill out two nco forms so you have one in case.Thanks, but would the Seller not want to hand in the NCO form in case the Buyer neglects to do so?
Is printing out the NCO form acceptable for the traffic department or does one need to go get it from there as a 'yellow' form?