10 Smart Tips for Buying a Used Car in India : Buying a used car is a wise decision, especially in India, as new cars are getting more and more expensive day by day. If you are buying a car for the first time or need to buy another car for your family, a used car can be an economy and a bargain—if you buy the right used car. Buying a used car is not so simple as it appears to be.
Unless you are wise, you will be buying a car with more problems than you can manage. Worry no more—here are 10 wise tips that will allow you to buy a used car in India confidently.
Set Your Budget
Carry an estimate of how much you can afford to spend when you shop. Include the cost of insurance, registration, and repairs that you can do in your budget.
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Know What You Need
Consider what kind of vehicle would suit your lifestyle—hatchback, sedan, or SUV? Watch for fuel efficiency, upkeep, and everyday usage.
Find the Market Price of the Car Look up prices on the internet on portals such as OLX, Cars24, or CarDekho. This will give you an approximate fair price of the car model you want to buy.
Check the Car’s History
Always inquire about the service history, insurance claim history, and ownership history. Do not buy the car if it has changed hands several times or has been involved in accidents.
Check the Car Carefully
Check the body of the car for rust, dents, or body damage on the exterior and interior. Check under the hood, as well. If you have no idea, take a good mechanic with you.
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Take a test drive Take the car for a test drive on different road conditions. Listen for any strange noises and notice how it turns, brakes, and accelerates. Check Documents Properly Ensure RC, insurance policy, PUC certificate, and road tax certificates are valid. Check Odometer for Tampering There are certain sellers who turn back the odometer to show less mileage.
Compare the odometer reading with car service history to know of any discrepancy. Negotiate the Price Once you finalize the vehicle, don’t shy away from negotiating. Negotiate on your information to find a reasonable price. Transfer the Ownership Ensure RC is transferred in your name on your purchase. Also, get the insurance policy renewed to spare yourself from future hassle.