Used Second Hand Cars
Many people successfully sell their used cars on Online Classifieds websites. This is the new trend which is evolving in India. To buy used cars beside buying a new car. As most of the time buyer can get a car a higher version car on a low budget.
At Adaalo classifieds – We currently feature nearly Ten Thousand Used second hand cars vehicle listings on our site.
As you know Each car has a unique history which can either work in your favor or become your worst nightmare.Finding the right car usually doesn’t happen overnight. So let’s help you become a smarter person when buying a used cars in India.
Let’s discuss top 7 Idea to navigate the online classified for used cars in India.
The best time to go car shopping/Buying:-
This is first & foremost step, you shouldn’t just go out to directly to used car dealerships and start the shopping process.First, you should research the online used Second hand cars classifieds & go to local market.
First see Newspaper, websites to view the automotive classifieds to view ads for cars that are very close to you.
Before looking for vehicles, choose a make and model. Here are few basic things to consider:
Dependability: Choosing a most dependable model is important if you’re purchasing Used second hand cars with over 50,000 kilometers, a because less reliable cars start to have more mechanical problems.
As cars are designed & built for more than 3Lakh Kms.
Capacity/Size: – Vehicle size important for families. If you have 2 or more children, then you’ll likely need a two-door sedan to accommodate your needs. Meanwhile, Bigger families may like to invest in an SUV.
Performance: -Make sure your vehicle can accelerate easily if you are driving in an urban area. As you may need to change speeds quickly and frequently on major highways.
If you live in a high area, such as Coorg consider buying a car that can handle the steep inclines.
Fuel Economy: -According to Global Petrol Prices, fuel prices are hiked. If you are using the car regularly & travel more then look for a fuel efficient car for more mileage.
Doing A First Inspection & Choose a Make and Model:-
Currently, over 100 different car manufacturers in the world and most of these brands sell vehicles.
Again Each brand produces dozens of different vehicle models.
Before starting the inspection of the car start car by touching your hand on the car body. This will tell you if the car has been in any accidents. Any mechanic work that has been done on it, how much mileage was reported at the last odometer reading and more. You should be able to get this information for free from the website or a dealer’s website.
We suggest making a list of three cars that meet your needs and fall within your budget.If you’re planning to buy a vehicle that is less than 5 years old, consider one that’s certified pre-owned Cars.They have
long time warranties which are backed by carmakers, not just the dealers selling it to you.
Checking the Car’s History:-
One of my biggest mistakes was not knowing the basics. Unless you’re buying the car from a close friend or family member who can vouch for its history or plan to get a vehicle history report.
This is one of the essential early steps. From the vehicle history reports, which can reveal vital information about the car, including whether the odometer has been rolled back or if it has a salvage title.
Which means it has been declared a total loss by the insurance company. You can see car database authority to check the car details and in some cases, all you need is the license plate number.
Also Read: Much Awaited Maruti DZire 2017- Launch Date, Mileage, Colours, Price
Financing a Used Car:-
Obtaining used second-hand cars loans in India is tougher than the new car loans. Finance is handled differently depending on whether you are purchasing from a true dealership or a private party.
Either way, most banks will not give you a loan for a car older than 5 years. In general, you will pay at least 1-2% higher for a used car than you would on a new car loan but you can find a specialized car loan company where you will get a good deal on the interest rate side you can offset this by using an online lender that specialized in financing used cars.
Following steps will help you obtain a loan for pre-owned cars like Choose the model and type of the car, Total Sum-up the amount for your car, Set your Term, Search for the available options, Submit the documents after verification
General Documents required for applying for a car loan are as follows: Age proof, pro, Application form , Photograph ,Residence proof, Income proof, Bank statements, Signature verification proof, Pro-forma Invoice
Take the car to an Auto Mechanic you trust:-
If you still don’t have confident after learning the basics and checking the engine yourself, so two is always better than one. A companion – such as a friend, a relative or a known mechanic or car expert can offer extra insight or opinion on the car.
Skipping this step end up costing to me. By Trusted professional look at the car, you will save you in long term & avoid future major repairs cost.
General Inspections like Check for Paint differences & rust, Check for any modification, Inspect for ant dents & major repair work, Check the make & year of tyre, Check for Engine Oil & other fluids like brake oil, Coolant etc….
Closing the Deal:-
Once the price negotiating is complete, it is time finalize the transaction. Normally You should never have the deal with cash. Because if something goes wrong you may have trouble getting your money back.
It’s better to pay with a credit card if possible or a check of some type (personal, official cheque etc.).If something goes wrong in credit card you have some piece of document trail.
One of the problematic Things to go with when deciding the purchase of the used car is when the seller still owes money on it.
This will happen only occur when you are buying from a private party.
The lender/seller is holding the title and you must make arrangements with them to have the note paid off and the title transferred to you.
If you are buying a car from an individual single owner, make sure that seller properly transfers the title and register to you.It’s important to close the deal correctly to avoid any after-sale hassles.
Make sure you have insurance for the car before you drive it away.
Once you’ve done the paperwork, it’s time to celebrate your new car purchase? maybe with a drive-through dinner. You deserve it!
Get an Extended Warranty to Protect Your Purchase:-
If you buy a used second hand car that is no longer covered by the manufacturer warranty. You are at high risk for costly repairs. That’s why Adaalo.com recommends that you get an extended warranty any time you are in this situation.
If you buy a 4 or 5-year-old used car, chances are that the manufacturer’s warranty has expired and you will be liable for the high repair costs.
By doing some research to determine what is actually covered by the manufacturer and what isn’t.
Often extended warranties cover only some components, also as cars get old some of the coverage removed from the extended warranties. Sometimes they are linked to related condition (i.e. frequent service at a certain dealership required).
But as a rule of thumb, I would buy it if it is not too expensive.