Fast & Easy! Sell Your Used Car in the Philippines Before Moving Abroad
Manila, Philippines | 12 April 2024 -So, the decision is made! You're leaving the Philippines for a new adventure in another country. Congratulations! As excitement swirls and visa applications pile up, there's one detail that might get lost in the shuffle: your car. Here's why selling your used car in the Philippines before you move can be a strategic move, and a comprehensive guide to help you navigate the process smoothly.
Preparing Your Used Car for Sale in the Philippines
Decide on Your Selling Strategy:
Dealership Trade-in: This is a faster and easier option for selling used cars in the Philippines, like popular models like the Toyota Fortuner or Mitsubishi Montero Sport, but you might get a lower price.
Private Sale: This route allows you to potentially get more money for your car, but requires more effort to find a buyer in the Philippines for your specific make and model.
Make it Get Your Car Ready to Attract Filipino Buyers:
Thorough Cleaning: First impressions matter! Detail your car, both inside and out, to attract Filipino buyers looking for used cars.
Minor Repairs: Consider minor repairs or touch-ups to enhance your car's appeal to potential Filipino buyers. A well-maintained Toyota Vios or Honda City will always sell better.
Price it Right for the Philippines Market:
Market Research: Research similar cars for sale in the Philippines, including the make, model, and year, to get a good idea of a fair market value. You can use resources like CARSOME Philippines to find comparable listings of used cars in the Philippines.
Gather the Paperwork for Selling Your Car in the Philippines
Original Certificate of Registration (CR)
Latest Official Receipt (OR)
Absolute Deed of Sale
Release of Chattel Mortgage (if applicable)
Selling Your Car in the Philippines:
Option 1: Private Sale
Arrange Viewings: Be flexible with scheduling to accommodate potential Filipino buyers.
Negotiate on Price: Be prepared to negotiate on the price, but don't undervalue your car.
PNP HPG Clearance: Consider getting a clearance from the PNP Highway Patrol Group (HPG) for added buyer assurance. This is common practice in the Philippines.
LTO Transfer: Ensure a smooth transfer of ownership at the Land Transportation Office (LTO).
Option 2: Sell Through Used Car Dealers like CARSOME Philippines
Free Inspection: Get a free comprehensive inspection of your car by our professional inspectors.
Guaranteed Offer: Receive a guaranteed offer based on market value and condition of your car.
Fast and Easy: We handle the paperwork and payment within hours (with guaranteed offer acceptance).
Additional Tips for Selling Your Car in the Philippines
Honesty is Key: Be honest and transparent about the car's condition to Filipino buyers.
Beware of Scams: Be wary of lowball offers and scams. Trust your gut feeling.
Ready to Streamline Your Move and Get a Great Offer on Your Car?
Visit the CARSOME Philippines website to schedule your free inspection at your convenience. You can also reach us by phone at 09551232031.
By following these steps, you can successfully sell your used car in the Philippines and focus on your exciting new chapter abroad.
