Are you planning to buy a used car then here are few points which need to be kept in mind. If you have notice the raise in sale of used cars has increased more than the sale of new cars in the world. It is the best way to reduce your budget of buying a car reg check.
Get the car and its papers checked completely
Once you selected the car the first thing you need to do is the complete check up of the car by a mechanic. This will help you in negotiation or ask the dealer to fix the problems before buying. Insurance papers must be checked to see the no claim bonus. Compare the engine number with the registration papers as it should be same. Check all the oil filters and breaks. Breaks can be checked by driving the car for few kilometers. Also check for the tyres and for dent or rust.
Reassign the registration certificate
First you should fill the form 29 and 30 in your jurisdiction, which is signed by both the parties. Once the RC is transferred then next transfer is the insurance wither transfer to your name or buys a new one. Check for pre-loans from form 32 & 35. Acquire the official pollution under control documentation.
Warranties
Now days the vehicles are coming with a warranty, which covers the high-priced parts also. If the car which you bought is a certified pre-owned car then there is a chance of getting warranty extension from the manufacturer.
Payment Method
You can either pay the complete amount in cash or take finance. If you are going for finance then make sure that you confirm different offers with financers and then take the decision. Also get clear clarity on how much you would be paying monthly and what would be the total price paying to them, How much of interest is been taken.
Private Sales
It is totally different experience when you by the car from the private sellers. First of all they do not follow the used car rules and you might also miss the warranties.
Service contracts
This means the certain repairs or services will be done by them or paid. Be very care full they might duplicate the service contract with warranties. Check with them if the repairs and regular maintenance will be done by the dealer and if they are providing the services then is it from the good service provider or not.
