Volkswagen Financial Services- 17 May 2019

Things to keep in mind when buying a used car

When it comes to dealing with second hand cars, India has a massive market. From first time drivers to cost saving benefits, there are a number of reasons why people usually opt for certified used cars.

However, buying a used car is not a cakewalk. One has to be sensible and smart in their choice. Here is a list of things which should be on your check-list before you venture out to buy a used car.

1. A thorough look at the paperwork:

It’s always better to check the insurance and registration papers before you venture out to buy a used car. It’s important to ensure that the last six digits of the car’s Vehicle Identification Number (VIN) is the same as the number mentioned in the registration papers. Also keep a record of the original invoice of the car in case the prior owner bought it on finance.

2. Careful Inspection of the Car:

Before you purchase a used car, get it carefully inspected by a certified mechanic. This will not only help in getting rid of the problems before you make a transaction but also help you in sealing the right deal with the owner. Have a good look at all the filters and check for their cleaning and oiling. If you overlook these details then it will have an adverse effect on the efficiency of your car. Also check for rusts, dents and damage as they signify the unkempt condition of the car.

3. Take a Test Drive:

Whether a new car or a used car, it’s important to take a test drive before you make up your mind to buy it. Examine the brakes of the car when you drive. A car may have issues as the speed rises, especially when it comes to shifting. Check for signs of vibration or any other shrieking noise from the brake pedal.

4. Register your ownership:

In order to establish your legal ownership on a used car, it’s necessary that the form issued by the Regional Transport Office (RTO) in your jurisdiction should be signed by both the previous owner and you. If the car is registered in a different jurisdiction, then a No Objection Certificate (NOC) from that jurisdiction’s RTO will help in accelerating the registration.

5. Get the car insured in your name:

Once you have registered the car, it is important that you have its insurance copy in your name. In case the insurance policy of your car is still under the name of the previous owner despite having it registered under you, then the insurance policy stands invalid.

If you are seriously considering to buy a used car then this check-list will make your negotiation and purchase easy.

We at Volkswagen Finance are offering up to 90% finance at on-road price, easy car financing and lower EMIs on certified used cars. In case you have any second thoughts, drive them away and call us today.