Things to Consider Before Buying Pre-Owned Cars

Purchasing pre owned cars is one of the most anxious yet fulfilling choices a middle-class person can ever make. We understand that the charm of a precious deal can be intoxicating but remember, a lemon-scented pitfall sneaks around every rusty corner. You will agree that the used car market in India is growing at a remarkable rate.

Everyone nowadays wants to have a vehicle of their own, and so does a middle-class person. However, as you know brand-new made-in-India cars are expensive, hence middle-class people choose to buy pre-owned cars for themselves as these cars are affordable and budget-friendly for them. But they can get into trouble if they get trapped in the hands of faulty dealers.

But now the question arises, what can be done in order to prevent this? So, this blog has a solution for your query. Make sure to read the full blog and understand where you can fall behind and what to do in order to avoid scammers.

What Are Pre Owned Cars?

Certified pre owned luxury cars or CPOs are used cars that have been extensively inspected by an expert, i.e., a pre-purchase inspection, and refurbished in order to get the perfection of the experts.

In addition to this, CPOs come up with a warranty to assist the buyers in overcoming unforeseen maintenance costs. These cars ensure reliability. The used cars that are sold by the dealers come with the history and data of the cars. When you think about purchasing a pre owned car, you will have the information like number of previous owners, mileage validation, previous registration status, and several others.

Also Read:- Discover Used Cars for Sale by Owner: Expert Tips.

Things to Keep in Mind When Buying Pre Owned Cars

As the used car sector is on the surge in today’s competitive landscape, the demand amongst the people regarding the purchase of certified vehicles and high-quality cars with warranties is at an all-time high demand. Nevertheless, in the lack of a representative who is able to exemplify the features and benefits of the used car, the strategy of purchasing the car can be a challenging task. Therefore, we have come up with five crucial tips that will assist you to understand the purchase of the best pre-owned cars for yourself without getting into the trap of faulty dealers.

1. Condition Update

Before making any decision, it is important to inspect the vehicle extensively. You must have proper knowledge of automobiles, still, it is advisable to consult a mechanic beforehand.

A mechanic is able to provide detailed and genuine feedback on whether or not you should purchase the vehicle. The mechanic will perform an extensive examination of the car from scratch, including interiors, exteriors, tyres, framing, Teflon coating, mileage, engine, and other parts of the car. When you receive the full report from a mechanic, a test drive is recommended in order to get a complete assessment of the pre owned luxury cars.

Also Read:- Types of Tyres: How to Choose the Best Tyre for Your Car?

2. Maintenance Records

It is essential to get the knowledge of the history and the background of the vehicle and enquire the car’s owner about all the records of the services, challan, tyre condition, and when the engine oil was changed.

This will help you entirely in order to make the right and informed decision about the pre owned car and you will be able to spend the money wisely. Make sure to test drive your car. This will help you immensely to check where maintenance is required.

3. Authenticity of the Registration Certificate

It is crucial to inspect an original vehicle registration certificate, i.e., RC by reviewing the engine number, chassis number, and several others. If you receive a duplicate certificate, it will be marked by DRC, hence it should have to be discussed with the owner of the vehicle.

In case, the top-selling cars in India have to be taken to another state, they should have to be registered with the RTO in that particular state, with the name of the buyer on the certificate after the purchase has been made.

Original purchase invoices, road tax receipts, insurance, and pollution certificates also need to be examined. If the previous car owner has financed the vehicle, which is generally the case, the NOC of the financing company, application for the intimation, transfer of ownership of the vehicle or form 30, new copy of the registration certificate or form 29, and other documents will be essentially required.

If there are some changes in the displacement of the MPFI engine or the colour of the vehicle, the registration certificate should reflect these advancements in the pre owned cars.

4. Car Insurance

It is the responsibility of the buyers to reposition the insurance of the car into the name of the buyer when purchasing the vehicle. If you avoid this, then it will be a primary challenge for you to file a lawsuit or pursue a legal advisor in the possibility of an unexpected accident or casualty.

It is also crucial to examine other details of the insurance as well such as the following:

» Third-party liability policy or a comprehensive one.
» Renewal of the policy.
» Strengthening the current policy.
» Add-ons, and others.

Also Read:- What is Comprehensive Car Insurance and What Does It Cover?

5. Age of the Vehicle

Last but not least, one of the major key factors that should have to be considered by everyone before making a purchase is to note down the age of the vehicle.

If it is more than five or six years old, then it can’t be a good idea to make a purchase even if the car hasn’t been used comprehensively as it can be problematic to get the spare components in case the car demands extensive servicing.

Where To Buy Pre Owned Cars?

When you search for “pre owned cars near me,” there are high chances that you will come across numerous sites and apps on the Internet. This can put you in a dilemma about which site or app is genuine and legitimate.

But worry not folks, as we have got you covered. With the help of the Carenzy app, you can not only get rid of any mediator in between but also will be able to connect directly with the dealers and communicate with them one-on-one.

At Carenzy, you don’t have to worry about legitimate or genuine dealers as every dealer will have their own license with the help of which they can prove their legitimacy.

Now, no need to swim in the deep ocean of innumerable used car dealers, searching for a reliable one. Visit us and we will guide you to reach the shore by providing you with a reliable boat, i.e., a platform to sail. This platform will surely help you immensely to get in touch with trusted dealers all at once.

Final Talk

Well, purchasing pre owned cars can be challenging for numerous people but with proper strategy, roadmap, and learnings, you can get the best used car for yourself. Make sure to keep in mind the above factors that will help you to make an informed decision before putting hefty and hard-earned money at stake. Everything is fine until you get the best platform for your pre owned car hunt. Therefore, Carenzy is right behind your back to help you out by all means possible.

Frequently Asked Questions

Q. What is meant by pre owned cars?

Ans. A certified pre owned car, i.e., CPO is any car that has had previous owners and is being resold via a private seller, local, or classified dealers without inspecting them majorly with a vehicle expert. A pre owned car comes with a warranty in order to assist the buyers to overcome unexpected problems or casualties.

Q. How do I choose a pre owned car?

Ans. If you want to buy a pre owned car for yourself, then make sure you follow the below-mentioned steps carefully:

Step 1: Make sure to have a goal and budget in your mind.
Step 2: Inspect the pre owned car that you want to purchase.
Step 3: Make sure to take a test drive.
Step 4: Request the dealer for the history of your vehicle’s maintenance report.
Step 5: Review the documents of the pre owned car you want to purchase.
Step 6: Negotiate your way for a great deal.

Q. Which second hand car is best to buy?

Ans. Some of the best second hand cars that you should consider buying for yourself are mentioned below:

» Honda City

» Maruti Suzuki Alto

» Hyundai I10

» Hyundai I20

» Maruti Suzuki Swift Dzire

» Hyundai Santro Xing

» Maruti Suzuki WagonR

» Hyundai Verna

Q. How do I choose a pre owned car?

Ans. There are 5 things you should consider before purchasing a pre owned car for yourself. These things that you should keep in mind are mentioned below:

» Condition update.
» Maintenance Records.
» Authenticity of the Registration Certificate.
» Car Insurance
» Age of the Vehicle