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Showing posts with the label Used Car Valuation

Know the Best and Worst times to buy/sell a Pre-Owned Car in India

Big or small, we never make any purchase without thorough research. Whether it is an expensive bag or buying wardrobe basics for the upcoming season, each deal is given the attention it deserves before you fork out the money. So when you pay attention to the time of the year for buying certain things, why not do it with your car too? Most people only think about electronics when it comes to finding good deals for good products. However, very few people know that car sales go up and down throughout the year depending on the season, month, day of the week and even the approaching holidays. So if you are in the market for a used car , an old car, or even a pre-owned car , we have you covered. Here are some great times and not so great times to go car hunting. Holiday or not   Whether you are buying a brand new car or a second-hand car , the logic remains the same: find the best possible deal on your dream car. And a car is no ordinary purchase because it is as important as pu...

Top Things to do before Buying a Used Car

Buying a used car is a smart financial move, but an impetuous buy can lead to purchasing a vehicle that has flaws. Whether you buy a car from a private seller or a used car dealers  or from online, it’s best to arm yourself with all the resources and knowledge to assist you make the best possible informed decision. Here are the top things to check before buying a used car . Define what you want, do your research and decide if it’s worth it Start by figuring out everything you want in a car - from how many people it needs to ferry to do you want a sedan or hatchback and what features are you looking for? Keeping these aspects in mind, research for a car that suits your needs. You might not be buying a used car which is a collectible; still, it’s important to do your homework and decide if it’s worth it. Before you jump into the process, research is important to know what is available and what you should expect to pay for it.        Set your bud...

Top 7 Used Cars for Teens in India

Teenagers are image-conscious and always want what’s best looking. The same goes for pre-owned cars . They’re looking for a second-hand car that is relatively new, reliable, safe, loaded with features yet affordable. Of course, as a parent, it’s safety first for your little ones. Teenage drivers are less experienced and hence, they need a used car which comes with advanced safety features, robustly built, easy to drive and efficient. Investing in vehicles which are feature-rich like electronic stability control (ESC) and airbags provide some reassurance and it’s worth every penny. Here’s an array of vehicles to suit every teenager’s needs.    1. Renault Kwid      This entry-level car is perfect for college commuters and the occasional long trips. With dimensions and design akin to an SUV, it’s comparatively larger than its rivals. For college goers, the bigger the better! The Kwid’s easy to drive and park plus, it brings good, youthful looks and des...

Know How to Buy Used Cars in the Best Condition

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 go...

Best Cars in India Under 10 Lakhs with Best Resale Value

Indian roads are on high! Thanks to the best as well as high-end cars which can be spotted in most of tier 1 and 2 cites. The car owners are boasting about their new driving partners on the road. The new millennial with handsome purchasing power is not shying away from investing in luxurious second-hand cars . But if you have to go ahead to make a purchase of the first-hand car then make sure you know the resale value of the car also. The future returns are important because a car is a depreciating value. Be it a used car or a brand-new car, you should always understand and analyse in what you are investing. There are multiple cars which can give you a good rate of return at the time of the resale but not necessarily it would be a good return. The future returns have to be looked from a holistic perspective to let you cover some of your cost of the cars. Therefore, you need to understand how is the second-hand market as well as the consumers behave. With the second-hand car mar...

Why to Sell your Old Car Today for Cash with OLX Cash My Car

There are numerous reasons for selling of your old car. It could be because you need the cash for used cars, or just because you are on to buying a new car or you are moving and don’t require your old car and would want to get the best value for your car. There can be many reasons to sell your used car but there is only one place that offers the best value for your car that is OLX Cash My Car. Our team believes in integrity and delivering the best services. Selling a used car is usually to get cash in return and most cases require instant payment and this is where OLX Cash My Car steps up to deliver the best price to you with instant payment offer. When you want to sell your used car the one thing you prioritize is the right buyer and it’s a tortuous job to do. Especially in the current busy lifestyle culture we have around. Everyone wants instant cash in exchange of their goods. But when it comes to selling a car, this looked nearly impossible with the amount of paperwo...

9 Problem-Solving Hacks Every Car Owner Should Know

There is no doubt about the fact that when you know certain things then you are relaxed. For example, understanding of the bank processes makes everything easier to manage money. Similarly, when you understand your car requirements the maintenance, as well as emergency situations, become easier to handle. One should always know some of the hacks which can come handy during unforeseen situations. They keep you ready no matter where you are taking the car. It becomes all the more of an importance if you own a used car probably which is a newly bought car. Here are some of the problem-solving hacks which every car owner should know: #1 Time to buy new tyres Before taking the long drive, you should always check the tyres. But how would you come to know that it’s time to change the tyres? Take a coin and insert into the tyre’s tread groove. If the coin is hidden in the car more than 1/7th hidden then it means the gap has widened more than 1.6 mm. It is recommended the gap between th...

5 smart reasons for buying a used car

You want to have reliability, long-relationship, higher returns on investment, peace of mind as well as an experience of life when buying a car. You don’t want to treat the car like a burden but an asset. The first or be its second car, the love would never diminish but always increase. Each car is unique to itself thus gives a different experience than others. The auto industry is changing and so is the consumer behavior. There has been a major shift in the car buying patterns in India in the last couple of years. The car market has been experiencing a lull period whereas the second-hand car market has been booming. In addition, the pre-owned car market has also seen some 15% of organisation earlier which used to be run by the local dealers. The market was unorganized which was not fetching the right price to the car buyers or sellers. It wasn’t a win-win situation for both parties either. OLX Cash My Car has been one of the service providers to take care of this business. W...