5 things to keep in mind while opting for pre-owned cars
A second-hand car is a handy option to invest in if you are a rookie and have just passed out of a driving school. This way, you can test your driving skills and gain confidence before you buy a new car. What’s more, you also need to invest less capital.
However, second-hand cars also come with downsides as well. Thus, if you want to buy a used car, then you need to consider some points. This way, buying a used car can be a smooth experience. Read on and explore more!
- Decide the budget first
It is a better idea to have a rough idea of the amount that you can currently afford to buy a used car. This way, you can keep off the overshooting of your finances and select a better car. You should also keep in mind the insurance and other costs while zeroing on the funds. If you are short on budget or want to use a financial service to buy your used car, then it will be good to opt for the second hand car finance.
- Choose a car model that suits you well
Once you have decided the budget for buying a second-hand car, it is now the time to pick up the best model out of the rest. You can land on an online website as they have exclusive information about specifications and much more. It can help you narrow down your search and help you bring home the best one. It should be your duty to look for a second-hand car that is newer. You can check out cars at multiple online websites and save your time and efforts in finalizing the best car.
- What about the dealing option?
You can buy your new used car from an individual, a dealer and also from the web as it has turned out to be a good option for buying old cars. Many online platforms come with amazing deals and discounts that help you save on add-on services and overall.
- Go for certified pre-owned cars
While buying used cars, it is suggested to choose certified pre-owned vehicles. It is because these automobiles give just great benefits like new cars besides saving more. When you go for certified pre-owned cars, you not only avail of the extra extended warranty but even the reminder of the original manufacturer warranty.
- Inspect the car
When you go for a second-hand car, a dealer may not be interested in showing you the car on an inspection, but an individual may allow it. But, you should insist on an inspection of the car. Here is what should look out while checking out your second-hand car finance:
- Ensure everything is in shape and there is no mismatching bodywork with any fading.
- Ensure that the engine of the vehicle works smoothly and accelerate while standing still minus any resistance.
- You should also check out the car chassis. It will help you get an idea if the car has met with an accident or not.
- Check the tires for signs of possible tears
- Check that all-electric and electronics are in order
- Another thing worth checking is the condition of the battery
You should follow the discussed aspects before buying a second-hand car. You can now avail online second-hand car finance and get your dream car funded. You can also get to repay the used car loan over a flexible tenor ranging one year and five years without facing budget blues.
Bajaj Finserv comes with pre-approved offers on personal loans, EMI finance, and more. It can ease off your loan procedures to make it simple and fast. You only need to share your basic details like name and mobile number to discover your pre-approved loan offers now.