Selling your vehicle

Selling your car is the last step in your car ownership journey and it also involves some important decisions and circumstances to consider. Join our host, Lebo Gaoaketse, WesBank's Head of Marketing and Communication, together with Papi Mabele, the Founding Editor of TwoFold, and Funzani Maiwashe, a Sales Operations Manager at WesBank, as they share tips on how to approach selling your vehicle and what affects the process.

Please note that the information shared in this podcast is for educational purposes only. This information does not constitute financial advice and is not to be acted on as such.

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Chapters

• 0:58 Key things to be aware of
• 1:38 Documents needed
• 2:28 What impacts the value of your car
• 3:36 High mileage
• 4:00 Aftermarket modifications
• 6:32 Depreciation
• 7:14 Break-even point
• 8:06 Current landscape for selling a car
• 9:48 Buyers negotiating discounts
• 11:00 More about what affects the trade-in value
• 12:12 Final tips including safety, documents and whether it’s the right time to sell