The purpose of buying a used car is different for different individuals. Some buy it to hone their driving skills before buying a brand-new beast while others might go for it due to budget crunch. But whatever the reason be, a car is a car, it provides utility and is a dear possession for its owner. This desire of owning a car has led to a thriving market for used cars. You can buy a used car or a pre-owned car from an individual seller/ car owner, a broker or a company. Renowned car brands have taken the plunge in the used car arena and India’s organized used-car industry is growing at a multitudinous rate.
However, whenever you got out to buy any product in the market or even go for an investment, you definitely dig deep into the nitty-gritties of the proposals, so why not think wisely while going to buy a used luxury car in the near future. Conducting a rigorous check of the vehicle becomes even more critical while you’re purchasing a used car because of the complications involved. Thus, making sure to consider the below mentioned points as a checklist is a prerequisite.
QUICK POINTS WHEN YOU BUY A SECOND-HAND LUXURY CAR
- CHECK THE CAR’S CONDITION
The moment you’ve decided to buy second-hand luxury car, it becomes imperative to get into the minutest of the details to arrive at the final purchase decision. If you possess good knowledge about the technical aspects of a car, you can easily examine the vehicle yourself or else its crucial to seek help from a trusted mechanic, who’d be able to point out if there’s any cover-up regarding the exterior and if the engine & other parts are worth the price. Little yet critical things to inspect with regards to car’s condition before you buy it are:
- INTERIOR– Throw a keen look at the upholstery in the car for any cuts or tears, try using the electronic systems like music system, monitor to ascertain its functionality.
- EXTERIOR– A close inspection can reveal a different picture, watch out for rusting and paint damages on the exterior.
- FRAMING– Check if the car is placed evenly and confirm that there’s nothing loose near the undercarriage.
- TYRES– Check for the uniformity of the tyres as if the tyres are not worn evenly, it can lead to alignment issues & car might tend to drift in a direction while driving.
- ENGINE– It’s crucial to check the engine thoroughly for corrosion, leaks, cracked tubes & oil and transmission fluid using a dipstick.
- MILEAGE- Discuss the mileage with the seller in detail.
- TEST DRIVE– Driving the car for a considerable amount of time will draw your special attention to brakes, acceleration and suspension along with its ability to manoeuvre.
- MAINTENANCE RECORD
Have an in-depth conversation with the seller regarding the car’s maintenance history. Hence, if instead of a written recorded history, you get a verbal history, you can analyse the extent to which the car needs servicing. But you can definitely counter all these major aspects by contacting the leading luxury car dealers in Delhi- PCH Auto World– a one-stop-spot for all your trusted luxury car deals, as they’ve got your back.
- REGISTRATION CERTIFICATION
Online purchase invoice, insurance, road tax receipt, pollution certificate, authentic documents with chassis number, engine number and an original document would only serve the purpose.
- CAR INSURANCE
While buying a second-hand car, the old car insurance needs to be transferred to the new owner’s name & also, the extent of the insurance coverage needs to be checked. You can also choose to buy a new policy instead as driving without a valid car insurance policy is a punishable offence in India.
- TRANSFER OF NO CLAIM BONUS
No claim bonus (NCB) is a bonus that is a reward for not filing a claim during the policy period. You can fetch a discount while renewing your car’s comprehensive insurance policy.
Along the lines of the above pointers, it is crucial to ponder over the following key points that will help you further making the right decision concerning your future vehicle:
- AGE OF THE VEHICLE– Cars generally misbehave after five years. One can afford to buy a new car and not use it optimally but it can be counterproductive to purchase a used car without a long-term plan in mind. Hence, think it through.
- FINANCE– Loans, interest rate, exchange value of used car etc are the terms that need to be thought about in detail before ging for a used car as well.
Keeping a close watch at the above prerequisites would definitely lead you to buy the best luxury wheels of your dreams and with ease, while making an informed decision.