Hassle-Free Ways to Sell your Car in Malaysia
Looking to sell your old car? Well you’re in luck because there are several hassle-free ways for you to sell used cars in Malaysia. And we don’t necessarily mean by going through a used car dealer, as that would involve you having to pay the dealer for their services. Read on to find out more!
Find out how much your car is worth
Make sure to do some homework beforehand and find out how much your car is actually worth. You’ll also have to factor in the age, condition and mileage of your car as well. If you want to sweeten the deal, find out what are the cheapest upgrades you can include at minimal cost!
Pay off all your summons
Before you even think about selling your car, you’re going to need to check with PDRM and JPJ to see if your car has any outstanding summons. You can check your JPJ and PDRM summons here via MYEG.
Advertise your car
Make sure your used car advertisement is catchy and provides as much details as possible. Keep it simple and straightforward but don’t use one-liners like “One female driver, low mileage,” to sum up your car. Tell your buyers what they need to know and include as many pictures as possible so that potential buyers can gauge the condition of your car.
There are plenty of websites which let you post advertisements for free. So get your car listed online quickly! But if you want to go the more traditional route, you can also list your car in the classifieds section of the newspapers.
Choose your buyer
The rule of thumb is, never rush into any business transaction. There are plenty of scammers out there and you don’t want to fall victim to one of them. After you first meet your buyer and are comfortable with them, make sure you ask if they intend to purchase your car with a hire-purchase loan or personal loan. This will also help you determine what documents you need to provide them later when they apply for a loan.
Get your car inspected by PUSPAKOM
You’re almost there and ready to sell your car, but it’s going to need a clean bill of health from PUSPAKOM. So head over and pay for the inspection (RM30 or RM60 if your buyer takes a loan) and you’ll then receive a certificate that proves your car is ready for the transfer of ownership.
Prepare for the transfer of ownership
Finally! Now all you have to do is get the necessary documents ready, which you can read here on JPJ’s website. Visit your nearest JPJ branch with your buyer (make sure they already purchased the car insurance policy) and once you’re done congratulations! You’ve successfully sold off your car!
This article is contributed by CompareHero.my.