If you are planning to acquire a used car, be careful from the frauds and traps that have been a constant feature of unorganized part of the used vehicle market. The used market is full of pitfalls, that they can get you fall in them anytime. Today we are going to tell you the ways to avoid these pitfalls:
Do the Research
This is undoubtedly the most important step that has to be taken, while you plan to go for acquiring the pre-owned car. Don't be excited to simply work out which pre-owned model you can afford. Instead, make sure to consider all the aspects such as safety ratings & insurance brackets, as well as the running cost like fuel usage.
Confirm the Numbers
Three critical numbers are the Vehicle Identification Number (VIN), the registration number and the engine number. VIN is a 17-digit alpha-numeric code on a plate of metal which is situated inside the engine bay. You must look for all three of these in order to make sure they haven’t been tampered with & so you can confirm they are of the same details that have been listed on the registration papers that you’ll be provided with.
If they don’t match up, then the car you’re looking at could be stolen as the info is not valid.
See Also: Top driving tips for beginners
The Money Matters
Get the complete value of the vehicle that you are planning to purchase from the used car market. Adjust your evaluation a little up for these vehicles that have the average condition and less travelled.
Don’t fall for a high trade-in value
It’s natural to be inclined towards the dealership who is providing you high value for your used vehicle and definitely you want to go to it for the exchange. But you need to look at the difference between the trade in value and the value of other car consciously so that you don’t end up falling in the trap.
So if you want to avoid the frauds and traps, it’s better to deal with a recognized and well established Service Provider. Shriram Automall is one such avenue for all the people out there who want to purchase second hand cars or any other used vehicle & equipment. Shriram Automall offers you with wide array of used vehicles along with unique platforms to provide transparency in every transaction.
Do the Research
This is undoubtedly the most important step that has to be taken, while you plan to go for acquiring the pre-owned car. Don't be excited to simply work out which pre-owned model you can afford. Instead, make sure to consider all the aspects such as safety ratings & insurance brackets, as well as the running cost like fuel usage.
Confirm the Numbers
Three critical numbers are the Vehicle Identification Number (VIN), the registration number and the engine number. VIN is a 17-digit alpha-numeric code on a plate of metal which is situated inside the engine bay. You must look for all three of these in order to make sure they haven’t been tampered with & so you can confirm they are of the same details that have been listed on the registration papers that you’ll be provided with.
If they don’t match up, then the car you’re looking at could be stolen as the info is not valid.
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See Also: Top driving tips for beginners
The Money Matters
Get the complete value of the vehicle that you are planning to purchase from the used car market. Adjust your evaluation a little up for these vehicles that have the average condition and less travelled.
Don’t fall for a high trade-in value
It’s natural to be inclined towards the dealership who is providing you high value for your used vehicle and definitely you want to go to it for the exchange. But you need to look at the difference between the trade in value and the value of other car consciously so that you don’t end up falling in the trap.
So if you want to avoid the frauds and traps, it’s better to deal with a recognized and well established Service Provider. Shriram Automall is one such avenue for all the people out there who want to purchase second hand cars or any other used vehicle & equipment. Shriram Automall offers you with wide array of used vehicles along with unique platforms to provide transparency in every transaction.
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