Things to keep in mind before buying a second hand car

Buying a used car is a smart decision if you want to stick to an affordable budget and strike a good deal. Here are the things to keep in mind

  • Money9
  • Last Updated : July 12, 2021, 17:35 IST


In modern times, having a car is not considered a luxury but a basic necessity. Especially in Covid times, when most of the people are avoiding public transport and are trying to maintain minimum exposure while travelling outside.

Buying a used car is a smart decision if you want to stick to an affordable budget and strike a good deal. The year 2020 experienced a rise in the purchase of used cars. According to reports, 40 lakh used cars were purchased in 2020 as compared to 28 lakh brand new cars.

Here are the things to keep in mind when you buy a second-hand car:

The place from where you buy the pre-owned car

A person can buy a car from an unorganised market. However, one needs to be very careful of the dealers before buying to ensure it is a credible purchase. Organised markets are also a good option, from where a person can buy a second-hand car. Though there will be an additional cost charged on cars sold in such markets. One can also look at buying from their friends or relatives.

Nearby service centres and facilities

On should buy the car model, which has a service centre at a nearby location or is easily accessible. It is important to always check if the auto parts of the car are also readily available in the market.

1 to 3 years old car

The used car should be between 1 to 3 years old. It should not have covered more than 30,000 km distance. One should also match the engine number with the chassis number.

Documents

-Insurance paper of the vehicle

-Any loan papers

 

Published: July 12, 2021, 17:35 IST
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