Thinking of selling your car or trading it in? Before you start typing “sell my car Malaysia,” it helps to understand what determines the price of a car. Most of the time, what actually matters to car buyers may not be obvious. Here’s all you need to know if you’re planning to sell or looking for a better trade-in offer.
Market Demand
First and foremost, the most influencing factor is market demand. Some cars simply sell better due to higher demand. Read on to see more factors!
– Fuel-efficient or budget-friendly models are popular
– Brands with a strong local presence tend to maintain value (e.g. Perodua Myvi, Perodua Bezza)
– Trends in the Malaysian market can influence price more than expected
The Mileage of Your Vehicle
Yes, mileage affects car value.
• Although not 100% true, lower mileage suggests less wear and tear
• Higher mileage can reduce resale value even if the car runs fine
• Buyers often look at mileage first when comparing similar cars
Service History
A well-documented maintenance record builds buyer trust.
• Full service records usually lead to better offers
• Regular servicing shows the car has been properly cared for
• Servicing at authorized centers can also be a plus
Accident and Repair History
Major repairs or accident history will lower your car’s value.
• Structural or flood damage can be a dealbreaker for many buyers
• A clean history makes the car more attractive
• A used car inspection helps confirm your car’s condition
Fun fact: All CARSOME cars come with a professional 175-point inspection, ensuring the car you buy from us is free from flood damage and major accidents. Browse our selections here.
Exterior and Interior Condition
First impressions count.
• Scratches, dents and worn-out interiors reduce perceived value
• A clean and well-maintained car is easier to price and sell
• Fixing minor cosmetic issues can make a big difference
The Age and Make of Your Car
Your car’s age is one of the biggest drivers of price. In general:
• Newer cars fetch higher prices
• Discontinued models may have lower demand
• Older models may require more maintenance, lowering buyer interest
Modifications
Not all modifications increase value.
• Extreme customizations can turn off potential buyers
• More mods can mean more potential issues to buyers
• The more original the parts, the better the resale value
Ready to Check Your Car’s Resale Value?
Now that you know what helps your car’s resale value, are you ready to sell? CARSOME makes the process seamless, transparent and fast.
With CARSOME you can enjoy:
– Fast payment
– High offer price
– No paperwork hassle
– Professional inspections
– Sell your car from anywhere
– Up to RM1,500 trade-in rebate
Sell your car at carsome.my/sell-car
