Buying a used car is always a tricky decision of sorts. Used cars come with loads of nitty gritties and things that you need to keep in mind. However, once you get it right, you can land yourself a great investment at almost half the price of a new car. However, you need to negotiate your prices properly and ask pertinent questions if you are buying a used car from a private seller. Make sure that all relevant information is clearly and concisely presented to you before you make your decision. You should always keep the following things in mind when buying a used car from a private seller.
Things to keep in mind while buying cars from private sellers
You should first of all ask about and confirm the total distance the used car has travelled till date. Check the odometer as this will help you determine the actual value of the car. You can use professional ratings and reviews systems to determine the value in such cases. Always ask the private seller the reasons for selling off the car. There are many probable reasons which can work to your advantage. These can be listed below:
- The seller has purchased a new vehicle (this will go in your favor as the seller will be determined to sell his/her used car at the earliest)
- The car does not provide good fuel economy (you can use this to bargain for a lower price)
- It belongs to a family member or is not needed in the household (again a good situation to bargain as the seller will be desperate to sell off the car at the earliest)
- The seller wants to sell it off at the best price and there is no urgency (this is where you should take the bargaining process slow)
Additional things to check while buying used cars from a private seller
While buying any secondhand car, you need to ascertain the condition of the car in question. Ask for all relevant papers and documents of purchase. Ask if there are any warranties or insurance coverage still valid. Always ask for registration and tax papers. Alongside, learn about the original owner of the car or the dealership from where the car was purchased. Ask about the oil and lubricant used for the vehicle. This will give you an idea of its maintenance aspects and its current condition. Ask about the direct bottom line price at which the seller is going to sell the car. You can then negotiate accordingly. Ask to take a test drive and insist on a thorough inspection before buying. If the private party appears reluctant, steer clear of the transaction.
Apart from these used car buying tips, you should also use online car classifieds to find great deals on used cars in any of the cities in India. These online classifieds portals are a great way to find legitimate private used car sellers in your preferred location.