To own a ritzy, stunning and swanky car is the dream of almost every individual. Everyone at some point or the other desires to be proud owners of either a highly chic sedan or a posh SUV (Sports Utility Vehicle) or any other glamorous automobiles but sometimes the price issues collide with dreams making it difficult for the middle-class people to pursue this desire but not anymore, because these days ample of used cars are available in the market and don’t just go by the term “used car” or “second-hand car” because all the outlets selling second hand cars sells all the latest cars which are in extremely fantastic condition and the moment you will ignite the engine of your second-hand SUV the term ‘’used’’ will disappear within an instant. Plus if someone is getting a modern and trendy vehicle in a lesser price which had been in use only for a short period of time then it is undoubtedly a very smart investment. But while buying a second-hand car one has to be very careful because there are certain things that are needed to be checked properly if one is planning to buy a second-hand car. One should always keep in mind things such as the budget and what exactly he/she is looking for.
Below mentioned are some guidelines which a buyer should consider before going shopping for a second-hand car:
Be Acquainted with Your Rights:
While purchasing a vehicle from a car broker if the product does not come up with your expectations or if you find it dissimilar from the descriptions that were given to you earlier at the time of sale then you can always have the right to cancel the deal. The Sales of Goods Act (1979) empowers the buyers to return the purchased automobile within incase anything goes wrong with the product after buying within a defined time-span and the buyers can sue the car dealers for deceiving them with fake promises.
Check the History:
There are several online services that provide you with complete details about any automobile. By paying a small amount you can always get complete information about any car just by submitting the vehicle’s registration number. This easy investigation will give you essential facts like whether the car stolen is or not or has it ever meet with any accident and if yes then it will show the type of accident also. So it is always advisable to do a background checking of your desired car model before buying it.
Apt Documents:
Make sure that the sellers have proper documents of car. Always ask them to show V5C registration documents because it will display all present registered keeper and also all the former registered keepers. Also look for license and vehicle’s maintenance papers and all the other essential papers relating to the vehicle and observe all the details minutely.
Be Vigilant While Purchasing
Second-hand cars are sold at various car outlets and autonomous dealers and generally all of them are genuine but there are frauds as well. So it is very much important for a buyer to be very cautious at the time of purchasing and if it is a private dealer then you should be more vigilant because if you get ditched by ay private seller then even the Sales of Goods Act will not recover you. So before buying the car do a thorough background about the dealer and make sure that the car is in good condition and is satisfactorily meeting all your demands because if you find the vehicle faulty after buying it then neither you can return it nor you can sue the dealer on the ground of conning them.
Other Guidelines:
i. Always take test drive before purchasing the car and if possible try to take someone who is educated enough about automobiles and check all the details minutely and drive for at least 30 minutes so that you if there is anything unusual you can figure out.
ii. Check the vehicle yourself with a checklist which can be found in various magazines, websites etc.
iii. Have the automobile checked by a mechanic.
iv. Go to different shops, evaluate the prices at various stores and go for it when you are absolutely satisfied with the product.
This is your hard earned money so always invest it wisely do not get stressed there are ample of websites and other helpful resources for your aid. So do not get confused think intelligently and you will always get the best deal.
About
Author: Melisa Lissa is
a business finance specialist providing financing advice and assistance to
small and medium sized businesses. To get more information on the topic of small business finance go
visit debt factoring .
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