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TIPS
FOR BUYING AN OLD/USED CAR
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(a) People/buyers looking for finance from a bank (READ IT
CAREFULLY)
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- First
of all, look for the good bank which give you money in
very less documents or with the only necessary documents.
- A person you will find in the bank who is dealing in used
cars, he would the first fraud you are going to meet.
This guy would suggest you the company or dealer from
where you can buy your car... "DON'T GO TO
HIS RECOMMENDED DEALER OR COMPANY", because
this person will have some settings of commission with
that dealer or company, he would try to convince you to
go to his suggested company or buyer.
- These
people can bargain on the interest rate also. If you will
go the market to enquire about the interest rate, you
would find different ineterest rate for the same bank
from dealer to dealer.
- Before you deal with the bank, make it very clear what
steps are there if you don't buy the car from their suggested
dealers or companys.
- The above mentioned guy (who is dealing in the old car)
will tell you that buying a car from your personal contact
is tough and will definately try to convience you to go
to his suggested dealer.
but best option is here, you should go to another bank.
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(a)
Buyers going to buy a used/old car
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- The
very first advice is "be confident and take
some with you who has knowlege of buying a car".
Don't show anybody that you are buying a car for the first
time.
- "Survey
the market ". Go and find out the rates
from atleast 10-20 dealers, goto different markets and then collect the information. Mention it very clearly
that you would see the car properly and will get it check
from your mechanic and you would not make the payment
on the spot but you will take time to buy the car. They
will try to force you mentally in there conversation
with you.
- After fixing up the meeting to see the car, take
a local mechanic from your area to judge the
car properly
- Enqire
all the documents, if possible check the authencity of
the RC(Registration Certificate) of the
car from the Authority.
- If you go to "Automart India" you
would find their fake tests on the car which they claim
that they check the car from 118 (or something) points
which includes shock absorbers, engine, battery, tyres
etc....
- Everything is a bluff / fake in their showroom, My last
advice is "DON'T TRUST THIS COMPANY AT ALL".
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