If you are thinking about buying a used car, you might be confused about the options and procedures to do the same. Investing in a car and researching about the same requires a lot of attention, patience, and analysis.
On searching the used car sites online, you will surely come up with a lot of links and platforms that show the best of the car at an unbelievable price. However, not everyone on the internet is willing to do business sincerely.
Therefore, it is necessary that you are relying on a genuine site like AutoDigg for your car business. That being said, in this blog, we will share the top 5 things that you need to remember while buying a used car.
1. Beware of the bait
On multiple occasions, you will find an unbelievable deal on the car model you want. After inquiry, you will visit the seller, and sadly you will find that the deal is no longer available. However, other cars are still up for sale at a remarkably different price.
Sounds familiar? Well, this is one of the ways to bait the buyers and make a deal favorable for the seller. Therefore, make sure that you are dealing with an authorized seller who communicates effectively and is transparent about his business.
Also, the seller who prefers connecting over calls, emails, messages, not meeting in person, and unwilling to show their car can be considered as an imposter. We recommend you run out of such a situation and never look back.
2. Personal inspection is mandatory
Do not, and we repeat it, don’t rely on the internet for making a final purchase. It is important that you inspect the car personally and get it examined by the experts while keeping an expert eye on the documentation.
It is important to consult the expert before you make the final deal to verify the condition of the car. Also, don’t skip a test ride in any condition. Your driving experience will tell you a lot about the car’s status.
3. Beware of fraudulent agencies
Many times, the seller might also fake his position and ask you to pay some non-existent charges to extort money from you. Don’t fall into such traps, and do not make any advance payment unless the asset is delivered to you in a condition as discussed. Always check for the identification of the seller and match it with the ownership written in the car’s papers.
4. Don’t skip the document verification process
There will be no big mistake than not examining the documents of the used car. It is important to check that the car does not have any previous balance or any liable amount from the seller’s end.
You should record the transfer of ownership from the seller to you on the discussed amount. Other documents should also be shared with you with a NOC from the bank from which the car loan was taken.
5.Check the history of the car
Ensure that the seller is a legitimate businessman in the used car trade and has been in this business for a considerable time. Ask for the detailed history of the car and verify it with the car’s condition while inspecting. It is important to ensure that the used car is not the bank’s property, stolen, or has been retrieved illegally. In such cases, you should avoid buying this used car irrespective of the lucrative deal offered by the seller.
Many times, when you reach out to the seller, they will try to deviate the deal in their favor by telling you that they only have the last model. This is done to create a sense of urgency. On the other hand, you might be offered other expensive deals that were not listed anywhere else. It would help to be cautious of the exceptionally low price for your used car, as it could be a sign that the car has some underlying issues that are not visible on the surface.