I live in the busy city of Mumbai where traveling is a big hassle. Even though there are numerous options for public conveyance, they aren’t necessarily comfortable always. While I do prefer and support using public conveyance on a daily basis, there are times when it is just not feasible. It is when I decided to buy a car.
I started browsing the auto market and found out that buying a new car at that moment wasn’t an option due to my budget constraints. Hence, I focused my search on the used cars market. Surprisingly, it is a huge market too, and there are great options available if you know what you want and where to look for.
There are always buyers who land on a great deal and some others, who get duped when buying a used car. I did my research well and landed on a bargain deal, and I can’t be happier with the car I purchased for the priced I paid for it. Here are the few tips to keep in mind when buying a used car –
First things first, always do your homework when you are going to buy a used car. Have a preference in terms of which car and model you are looking for and the preferred year of make. Also, there are numerous places where you can buy used cars these days, narrow down your search to find out branded sellers and authorized dealers.
Ascertain your budget and ensure you stick to it. There is no doubt that during the process of looking for a car, you would be tempted to increase your budget and go for a high-end car. Make sure the car you are looking for is suitable for your budget. For instance, if you buy a car that is more than seven years old, you might find it very difficult to get a loan for it.
Once you narrow down on a car or consider any car for purchase, review its history and documents. Finding out if the car has been in an accident before, how many buyers it has passed through earlier, or if there are any documents missing or discrepancies therein needs to be considered. Checking with the insurance company of the car or the service station where it is regularly serviced is a good way to know more about the car. Checking with the owner or the representative at the authorized seller is also a good idea. Most of the time, the sellers are honest when it comes to disclosing facts about the car as it would be found out eventually.
Get the car inspected thoroughly for any major repairs that need to be taken care of by an expert mechanic. I took my friend who is a great car enthusiast, and his inputs helped me bargain a few thousand rupees on the deal. It helped me get a bargain deal and ensured that I don’t end up overpaying. The car I bought is not only in good condition but is a low-maintenance vehicle too. I don’t have to spend thousands every couple of months on its maintenance, contrary to the popular belief about buying used cars.
See how well-maintained the car is, both interiors and exteriors. Even though you are buying a used car, it doesn’t have to look worn out from the word go. The used cars are also worth a good amount of money, and you don’t want a car that is not presentable or needs the fortune to get back in shape.
I managed to buy a great used car following the tips mentioned above, and you can too. The idea is to ensure that you check the history of the car, its insurance papers, and other relevant documents along with the physical condition of the car thoroughly before signing on the dotted line. It is a bit time-consuming and tedious, but definitely worth it.