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May 10 2013

Used Car Purchasing Tips

Buying a used car is a completely different experience than buying a new car. Though emotions remain the same, but with a used car one has to spend a little initially to enjoy the ownership experience. We have compiled a few pointers to help you make the right decision.

  • Budget- Same as buying a new car, budget comes at the top. Plan your spendings in order to get the best deal within your budget. The initial asking price of the car, a routine check-up, some additional accessories and a regular service should be added in the budget. Then comes the running costs, insurance and maintenance. If you’re planning on getting the car financed, then you may have to make a few calls to the banks and look for the best deal that suits you well. But remember, a used car is financed at a higher ROI than a new car.

  • Which Car?- Again, you need to decide whether you’re looking for a hatchback, an SUV or a sedan. A lot depends on your routine running, the purpose that the car will solve and so on. People also buy a used car to upgrade to a higher segment car. However, one thing should be kept in mind, a used car will generally demand some care in the beginning, like a routine check-up and service.

  • Where To Look?- Nowadays, online shopping seems to be the flow of the river. But, things like cars are best bought after visual check-up and a test drive. Since the car will be used for a few years, so it makes sense to visit the local used car dealer or even the manufacturer authorised resellers such as True Value. You are more likely to get a better car from these guys than your local used car seller. This however does not mean you wouldn’t get a good car and a good deal from the local used car seller. What we mean is that if you’re the type of buyer who trusts the authorised resellers more, then that is an option to vouch for.

  • What To Look For- If you have decided on which used car to buy, now is the time before you make any payments or put anything on paper to check the car for anything strange. Check for any damage, accidental regions, dents, dings and scratches, drive the car. Taking along a friend, a relative or even a mechanic is a good idea. Check for braking issues, engine vibrations and noise, handling, suspension and gearbox functioning before buying. Service record of the car, if available, can provide important feedback like major work on the car, its running condition and also reassures the odometer reading (number of kilometers the car has done).

  • How To Pay- If you’re pretty sure about buying the used car you just zeroed in on make sure to negotiate a bit since that might save you some money. Convincing that you’ll have to get the car serviced and will have to make a few aftermarket purchases, can work while negotiating. The seller is always going to try and squeeze every last dime off your wallet for that used car, while your part in the whole game is to try and bring the asking price as low as possible.

  • How To Finalise It- Once you’re done negotiating the price and everything, there’s one final and very important thing that you absolutely cannot avoid. Make sure that the used car that you just finalised and bought is still insured before you plan on driving into the sunset with it. Insist on a duplicate key with your car’s delivery. Make sure all the paper work is in order and most importantly, make sure its not a stolen vehicle! Otherwise, this is going to bring nothing but a whole lot of trouble for you. Never make any payments without seeing the car and also, never send money online to any unknown seller and insist the dealer to get the car registered on your name as early as possible.

We here at CarSizzler hope that our pointers help you out while making the right decision for purchasing a used car.

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