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We offer the best prices on vehicles in the area! Our knowledgeable sales representatives are committed to providing you, the customer, with a "no-pressure" buying experience. We want to make sure you find the vehicle that meets your needs and fits your individual budget. Stop by our dealership today or fill out our Contact Us form and we'll gladly help you with any questions.

Shopping for a used car is like going on a treasure hunt. There are amazing deals out there, and with the emergence of the Internet as a car shopping tool, you have every chance of finding a good deal on a car that meets your needs and fits your budget.

There are plenty of incentives to buy used instead of new: It will save you money on car insurance,registration, taxes and depreciation, which is the loss in a car’s value due to wear and tear over time. It also makes sense because cars have never been more reliable. It’s not unusual for some vehicles to be trouble-free for well over 100,000 miles.

Before we go into detail, here’s an overview of the steps you’ll need to take to buy a used car:

  1. Set your budget. Decide how much you can spend on a car and how you’re going to pay for it.
  2. Choose the right car. Pick the right model based on your needs.
  3. Check reliability and ownership costs. Choose a car that’s less likely to break down — and won’t break the bank.
  4. Locate good used cars. Search online classifieds or do it the old-fashioned way, by walking the car lot.
  5. Price the cars. Use pricing guides and find out what experts say the car you’ve chosen is worth.
  6. Check the vehicle history report. Use the car’s vehicle identification number to see its history.
  7. Contact the seller. Save time by calling the seller and asking questions before you take a look.
  8. Go on a test drive. Decide if this is the right car for you and if it’s in good shape.
  9. Negotiate the best price. Use the information you’ve gathered in your car search to agree to a fair price.
  10. Close the deal. Whether you’re on the car lot or buying from a neighbor, you have to handle the payment and paperwork correctly.

Buying a car is an important decision, because you wouldn’t buy a car every year and would like to use it for at least a few years.

Many people prefer buying their cars on a festival. Carmakers respond to this demand with festive season discounts and freebies. 

Many first-time buyers prefer to purchase pre-owned vehicles.

Buying the right used car can be more difficult than buying a new car. We take a look at some of the important aspects that buyers and sellers of pre-owned cars should be mindful of.

Why pre-owned cars

“A pre-owned vehicle, in most parts of the world, satisfies one of the most important family aspirations—ownership of the first car. We see India evolving similarly,” .

Though affordability is a big reason, it may not be the only one. “Many people go to pre-owned cars because these are value for money. You can get a good vehicle at a relatively low price,” 

An advantage of buying a used car is that these days many of them are fairly new. Earlier, people used cars for at least 10-12 years. This time period has now come down to around 5-6 years. Customers of used cars include buyers of a second or back-up car too.

Online and offline

Buyer-seller trust deficit remains a major challenge in the pre-owned car market, which has relatively low levels of consumer protection. “Great strides have to be made to enable good buyer and seller experiences. The industry is getting more organised and also being enabled with technology,” Palle said.

Online classifieds are playing a major role in consumers’ decision making. “This has become established over the past few years that people will go online first to find out the right price at which they can buy or sell,” 

Most people do their research online, and the transaction happens offline. Apart from checking the pricing online, you also need to check with the dealers.

Compared to sellers, the buyers need to take some extra steps to get good deals. Make sure the vehicle is certified and have a warranty or extended warranty. When buying pre-owned cars from manufacturer-backed dealers and many of the auto portals, you can buy 6-month or 1-year warranties. For instance, at Ford Assured, the pre-owned car business arm of Ford Motors, you can buy a warranty for up to 7-year-old cars, covering all electrical and mechanical components. Buying from an organised entity can make it easier to get bank financing as they certify the cars on metrics such as age and usage, have systems to verify details from the transport departments, and they have tie-ups with financing agencies.

If you are choosing cars of less popular brands, ensure that maintenance services and spares are easily available near you. If you are upgrading from a two-wheeler to a car, or from a small car to a bigger one, do remember that the overall cost of ownership will also be higher.

For sellers the most important aspect, other than selling price, is to ensure proper transfer of documents. “If I am a seller, I will want to make sure that the ownership of the car gets transferred out of my name because if something bad happens with that car, and if the insurance is not transferred, for example, I will end up being a party to the problems,” said Palle.

Organised entities take care of these issues by giving their customers a proof of sale. In other cases, you must insist on getting a copy of the ownership papers in the new owner’s name.

So, if you are in the market for a pre-owned car, do your homework on brand, variant, price, loan options, warranty and also where you will buy it from.

 

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