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Before Buying Used Car: Consider Key Points
1. Points to remember before buying an old car
Whenever we buy a second-hand car, we tend to
think about some issues which requires urgent
attention before buying it. The following points are
to be considered before buying a car and with the
help of these key points, you will land up with a
successful purchase.
2. Personal requirement
Before deciding about the car, you want to buy, you first
understand what are your requirements because of which
you have decided to buy an old car. You need to understand
whether you want to buy a 5-seater or a 7-seater, which
model you prefer the most, the purpose you want to buy for
and many more. You should take into consideration your
personal factors so that you can make a suitable purchase
for yourself.
3. Budget
The most important aspect for many of us is the
finance. You should be careful about how much you
want to spend. Your personal requirement will also
play an important key role here. Your savings will
give you an exact idea regarding what you want to
buy and up to which level you can part yourself with
your liquidity.
4. Preference of the model of a car
Many of us have the preference regarding the
model of a car after discussing with family and
friends before making a purchase. Hence, you
must be clear about your preference of the
model of a car because this will become the
basis of your purchase. This will decide what
you want to buy and how much you are willing
to spend.
5. A registered car dealer
Before deciding that whether to make a direct purchase
from the owner of the car or to get the help from the car
dealer, one should know about what all benefits we receive
when we buy an old car through an old car dealer. A car
dealer acts as a middle man between the buyer and seller.
He helps both the parties to settle on the favourable terms
and conditions. He also saves the buyer from any kind of
exploitation from the side of the owner of the car.
6. Documentation
Before finalising the contract, we must check all the
documents of the car because it will help us to avoid any
kind of difficulty that will arise in future. So, whenever you
buy something, it becomes mandatory that you should have
a careful look on all the related documents. Documents
proves to be a basis of resolving any kind of issue and saves
a lot of time and energy.
7. Written contract
No matter what, you should have a written contract with
the party so that if any dispute arises, it can be resolved
with no biasness on any side. It should be made favourable
to both the parties so that they would agree on the terms
and conditions mutually. If you buy through an old car
dealer, then the sole responsibility of preparing a contract
lies on the shoulders of dealer.
8. Maintenance records
Car requires a proper maintenance time to time.
Without proper maintenance, managing a car
becomes a task. If we want to increase the life of the
car, then it becomes our sole responsibility to
maintain a proper record of its maintenance
schedule. It will automatically help to get assurance
of its proper and smooth working.
9. Insurance documents
If the owner of the car has taken some kind of
insurance, then the buyer of the second-hand
car has the right to ask for these documents so
that it can help him in getting the claim if any
uncertainty occurs.
10. Any type of accidental claims
If the owner has received any accidental
claims, then the buyer must know about it at
the time of agreement. So that if anything
happens again, then he should know all the
details before-hand.
11. At the end
In order to avoid any kind of haphazardness, we
should keep these points in our mind and implement
them successfully. Sometimes we feel directionless
when we don’t know about something in advance.
But this article will help you to get on the track and
saves you from any kind of exploitation.