Do not fall for just a nice-looking car? There is
more to be considered when you are going to buy a used car. There are a lot of
chances that you can get ditched while buying a pre-owned car. It’s a truth you
should never go ahead with the purchase based on your assumptions. In fact, assumptions
can really come hard on you in the future. If a used car is bought without putting
effort then it's not a deal but a gamble. A car- new or old should only bring
peace and benefits to the owner. Nevertheless, when the deal go wrong it can
not only become a headache but also, leads to an object of recurring
investments. The car shouldn’t become an investment rather than a value for
money. Otherwise, the concept of cost savings would go for a toss. The entire
decision to make a purchase of second-hand is a car to save money as well as to
get the same features at a lower cost will be questioned. Though there are some
of the top-of-the-mind recalls which you should have handy when going to make
such a decision:
Did you do the research online?
It is important to start with the research phase.
It is crucial to do your own research about the car or specific car models
which you are eyeing to buy. While researching there are parameters to be kept
in the mind like
- pricing of the car versus the age of the car,
- car agencies which are giving the best prices,
- the original cost of the car to understand the depreciating value,
- low insurance premium,
- low maintenance cost and more
Clubbing all these parameters you will be able to come down to a
conclusion like which brand, car models, how old as well as how much money you
should be investing in buying a used car. Remember, the research is required
given the fact that if you don’t have your consideration set ready then you
will end up getting confused while meeting certified dealers. Rather, you would
not even how much investment is right or wrong.
Is the Car Certified?
Most importantly when looking forward to buying a used car then the only
cars which are certified by established, as well as licensed agencies, should
be considered. For instance, when someone is buying a second-hand car from OLX
Cash My Car’s channel partners then you know that the car has passed a rigorous
examination to be sold by the agencies. The inspection has been taken by a
professional engineer who has tested it with the help of advanced technology,
spent time with the car to understand at how much it should be valued at. Also,
the car is not only certified based on the functional condition but, the owner
has to submit the entire set of official documents like Insurance papers,
service maintenance records, RC, filled up forms like 28 and 29 for the future
transfer and many more. Therefore, you understand that when you are buying a
certified car then the money is also being invested in the right direction. It
confirms your decision of buying a used car.
Have a look at the Maintenance History?
Once you have finalized the car then move to the next level of the old car inspection. Make sure that you ask for the maintenance record of the
car which would have been submitted by the owner at the time of selling. Ask
why? Because a service maintenance record can speak a lot about the car. Ask
what? For example, it can let you know if there have been major updates in
recent past like tyres are new or some parts of the engine has been corrected.
Additionally, it will also indicate how often the servicing has taken place
therefore, what would be running condition of the car. Nevertheless,
holistically it justifies the value of the car too.
Did you drive it?
That’s a mandate! Do not ever buy a car without taking a test drive.
Depending on the type of the car you should take it for testing where there are
speed-breakers, sharp turns, patchy roads. On taking the car for a drive with
these obstacles one will be able to realize what is the condition of the
breaks, clutches, gears. Do give extra emphasis on sudden breaks to check the
reaction time of the car because they might not be the everyday situation but
are crucial from a safety point of view. Also, check the seat-belt condition if
it is working properly or not. Then comes the most important part of the car –
tyres. Yes, tyres and the treads are important for the smooth running of the
car. Old tyres with fewer treads can lead to unwanted situations like skidding.
Especially, if you are passionate about long-drives then it becomes all the
more crucial to have tyres check done.
Negotiate and close the finances
By now you know which car you are going to go ahead with. You have gone
through the set of documents, maintenance record, ownership paper, car history,
test drive etc. Thus, now you know which are the weak parts on which you can
negotiate for better pricing. Remember that the agencies would not divulge all
the information to you therefore, it is important that you have done your
research about the costing of the cars available in the pre-owned car segment.
Your research will be of help here too. If you find that in coming months you
will have to invest money in the next servicing because the last servicing took
place almost a year back then you have got a brownie point to negotiate on the
costing. In case you find missing papers in insurance documents them make sure
to make it another negotiating point.
All in all, buying certified used cars is the only way to out to invest
your money wisely. Though do trust your own research as well as knowledge of
the segment.
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