What to remember while buying a used car

Once neighbours or other relatives become aware of your decision to buy a second hand car , everyone is bound to come up with numerous tips and advice on how to avoid getting cheated during the deal. Traditionally, most buyers are afraid to purchase these vehicles due to fear of high maintenance. However, the quality of parts in second hand cars are now world class and if chosen sensibly, such a vehicle may be of greater utility than a new one.

Required awareness to buy a used car

a) Mileage & Brand -  A vehicle that has run between 15,000 to 50,000 km is good enough to be purchased. For brands such as Honda and Toyota, it is possible to stretch the number of kms. a few thousand further.

b) Complete engine check - If the used car starts properly with the correct sound and without high vibration, it is good to be bought. You must …

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Important tips for sellers of used cars

With the evolution of technology, selling a used car at the appropriate price is not a difficult job. At the same time, a buyer would certainly like to inspect a car in person before finalising its purchase. The following steps can help in gaining the buyer’s confidence, thereby ensuring a fair deal.

Before making the sale of a second hand car

It would be most profitable to conduct sale of used car on one’s own, as brokers charge a heavy price (2 % of selling price) and dealers buy it cheaply in order to sell it later at a high price. Minor repairs such as torn upholstery, blown fuses and broken lights should be heeded to. Vital information such as Year of manufacture and registration, state of registration, number of owners, kilometres covered, interior and exterior colours, mileage, warranty and insurance should be sent across before to potential buyers.

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Why purchase popular second hand cars in India

It can be said that the research that is required to buy old car is often much more than the same for a new one. Customers need to keep in mind that apart from purchase, the resale value of this vehicle is also important a few years down the line. By searching on the Internet, it is easy to understand that prices of used vehicles that are heavily in demand are always high.

Factors that determine the popularity of second hand cars

 When customers are familiar with the reliability of a particular brand, they are likely to buy more vehicles from the same. For example, it is common knowledge that well maintained Maruti cars will always fetch high prices due to hardiness and high fuel efficiency. On the same lines, another important factor here is the availability of service stations, which would keep stock of spare parts. The strong service…

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