Now a day’s people are showing interest on second hand car, Buying a used car can be a very smart decision. Before it comes to the process of buying a second hand car, the challenge is selecting the car you need to buy. However, it can be a rather intimidating experience for both, buyers as well as sellers. Here have following checklist can simplify matters, reduce risk, and convert the transaction into a hassle-free. Before we get into the specifics, the two main rules to keep in mind when buying a used car are: buy with your head and not with your heart, and secondly, if you aren’t convinced about anything, be prepared to walk away.
Check the car’s condition
Take the vehicle for a test drive and get all major systems such as engine, cooling, transmission, wheels, etc. checked by a trusted mechanic and one will be better checked by car dealership workshop because you can be found detail records of repairs and maintenance performed on the car and also can get exact KM has run, these checks will help you ascertain whether the car is as well-maintained or not . Further, you can plan for unavoidable repairs and maintenance and you can take decision to buy or not.
- Engine. Check for leaks, oil level, head gasket condition and exhaust smoke.
- Gearbox and clutch. Feel and listen to the smoothness of the gear change, and test the clutch biting point.
- Bodywork. Check the outside and underneath – a torch is useful for the latter.
- Wheels and tyres. Tread depth, rubber condition and makes of each tyre.
- Interior. Check the boot, dash (for mileage and warning lights) and electronics thoroughly.
- Test drive. Don’t hold back here, drive it until you have checked everything you want to. With the visual checks done, the next key step is to take a test drive. Surprisingly, many buyers don’t take this option, but it really is a must. Try the vehicle at a variety of speeds, and listen out for the engine noise and any irritating rattles. Make sure the brakes and clutch are responsive and in full working order, too.
- Check the car’s insured value in the policy
- Track the No Claim Bonuses over the past 2-3 years.
- Frequent claims may imply frequent accidents requiring repair and maintenance to the vehicle.
- Transfer the seller’s car insurance policy in your name or buy a new policy within 14 days of the date of transfer of the car.
Is the real seller owner of the car? Is this the first or the second time it is being resold? The Owner Serial Number in the RC book or smart card indicates the number of times the car has been sold till date. Has the owner paid all dues, including road tax? Ensure the seller provides you with other papers that need to be verified, including the original invoice, NOC from the car loan provider, and road tax receipt.
The car’s transfer is effected when you and the seller sign on RTO Forms 29 and 30. Further, the seller must submit Form 28, which is the NOC for transfer of the car.