What are some of the things a first-time buyer of a second-hand (used) car in India should know?
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I'm planning to buy a pre-owned (or second-hand or used) car in Mumbai, India. I have never brought a car and am buying a used car so that me and my family can learn how to drive. What are some of the things that I should know about buying a second-hand car in India (especially Mumbai)? What are the rules with regards to documentation/papers (esp in India)? What should I take care when checking it before buying? Do used cars in India give trouble by breaking down a lot? How to know for sure which will be good one and which ones should I not buy? What is the ideal price range for such pre-owned (or used) cars that are used as a 'learner' car (my budget is around INR 60k)? Please help me out. I am sure many Quorans would have a lot of knowledge and this would really help many people like me, who would be first time buyers of second-hand cars. Thanks.
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Answer:
There are lot of things that you should consider while buying a used car : 1. Always check for all the original papers(RC book, Insurance Papers, Original Owners Manual, Tax Receipt, Service history) before proceeding. 2. Check for the IDV value of the car as mentioned in the Insurance papers. this will give you a close enough idea about the value of the car. 3. Check sites like http://carwale.com to get an idea about the going rates for used cars. Although, I have found that the prices that they mention are slightly lower then the actual market rate, at least that was the case in Bangalore. 4. Get the car test driven by a friend/relative who knows more than you. Or if possible ask any mechanic from your local garage to take a look at the car and engine. 5. Check the engine area for any structural damages and oil leaks. You can know if the car is involved in an accident if there are any parts welded or if you see any color difference. 6. Call up the insurance company to cross verify if the vehicle was involved in any major accidents, minor accidents which doesn't result in any structural damage are ok if the price is right. 7. check the condition of all 4 tires and spare. Normally they have year of manufacture written over them. Most tires are good for only 25-30k kilometers. so if they are older then that then consider this also while negotiating price. 8. Check if the Battery is replaced by the owner recently or not. If yes, ask for warranty card. Automobiles batteries these days can last upto 4-5 years and then need replacement and mind you they don't come cheap. 9. Never go for a vehicle which is out of state registered. There are chances that it might be stolen and paperwork forged. 10. When buying a used car, don't go for vehicles which are out of production or heavily modified because finding parts for them could be a big headache later. 11. See if the seller is the first owner of the car or not. generally more the number of previous owners of the car less the price. The Used car if not maintained well can give you troubles. but if you take care of above all points then you should be able to find a good car. You can also look for cars from used car dealers. All big automobile companies in India have used car showrooms too like Maruti true value, Mahindra first choice, Toyota U something...These dealers may charge between 10-15% premium but there cars are certified by them and they provide warranty also for the cars. This will give you complete peace of mind. Once you are satisfied with the car do the paperwork. This includes getting form 29 and 30 from the seller. You can buy these forms from any stationary shop. Take these papers to any good RTO agent and he will do the rest for a nominal fee. You can also do this yourself by approaching the concerned RTO yourself but this may take some time and effort on your part. You can only get some early 2000s model zen or maruti 800 for 60k.
Sandeep Bihani at Quora Visit the source
Other answers
These articles originally published on http://www.myspinny.com/blogBlog should answer your queries regarding used car buying in India: http://www.myspinny.com/blog/index.php/the-benefits-of-used-cars/ http://www.myspinny.com/blog/index.php/10-precautions-when-buying-used-cars/ http://www.myspinny.com/blog/index.php/used-car-buying-checklist/ http://www.myspinny.com/blog/index.php/used-car-test-drive-guide/
Niraj Singh
Do you have a panic attack every time you think about buying a used car? We all do. I've devised a few steps that I used when i bought my used car a few months ago. I hope this helps. Step 1: Browse Remember, though it may seem otherwise, the internet is your friend. You just need to know the right way to use it. Find the right no-nonsense site to find your required car information. Once youâve found every listing with details, price and nuance of the model that you require, count yourself ready. Step 2: Dealerships are a big No-No! Thanks to a number of computer geeks toiling away, we can now buy the cars that we want without setting foot in dealerships. A number of websites allow you to get in touch with your individual sellers from the comfort of your home or to potential trusted dealerships once youâve chosen your requirements. Step 3: Remember, the consumer is King. Do not forget at any point that youâre the guy with the power. Do not let the dealer tell you what to do, feel free to walk out of discussions and to refuse a car when you donât want it, no matter how much time you may have taken up of the salesmanâs trying to come to the decision. One site that I found extremely useful was http://www.gozoomo.com. They not only put me in touch with authentic individual sellers, the cars were pre-inspected and fairly priced. What's more, they'll even handle your ownership transfer and paperwork. It's a site worth trying.
Krithika Bollamma
The advantages of a used car over the new car are many. Its cheaper, has lesser depreciation to suffer, insurance rates are lower, and you have a wider choice of model especially for your price range. However, the disadvantages are also there, such as an expired warranty (manufacturer resalers may still have a warranty), outdated models, lower fuel efficiency, lack of AC, lack of airbags and other safety features, lack of automatic windows, higher finance rates, and lastly it takes a lot more effort.
Shubh Bansal
In this digital age, buying a car irrespective of how much information is available to car buyers, ultimately it all comes down to the gut feeling you get when you sit behind that wheel, a thorough test drive is vital to make sure you will not only enjoy driving but also fulfills your needs perfectly....YOU DRIVE! YOU DECIDE!Drive 2 Decide, a unique app based service wherin the customer can book a dream car online in just a matter of time, any car and anywhere. They can opt Finance, Accessories, Insurance and Break down assistanceDrive 2 Decide http://www.drive2decide.com/ ios - https://itunes.apple.com/in/app/drive2decide/id1056543465?mt=8 Android - https://play.google.com/store/apps/details?id=com.testdrive.d2d&hl=en
Vijay Kurdagi
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