• हिन्दी
  • ગુજરાતી
  • বাংলা
  • తెలుగు
  • मराठी
  • ಕನ್ನಡ
  • money9
  • Insurance
  • Saving
  • Mutual Funds
  • Mirae Asset MF
  • Breaking Briefs
downloadDownload The App
Close
  • Home
  • Videos
  • Podcast
  • Banking
  • Bulletin
  • Gold
  • Healthcare
  • Real Estate
  • Tax
  • Travel
  • Survey 2023
  • Survey Report
  • Breaking Briefs
  • Insurance
  • Savings
  • Loan
  • Crypto
  • Investment
  • Mutual Funds
  • Real Estate
  • Tax
  • Exclusive
  • Home / Investment }
Investment

Things to keep in mind before buying a second hand car

Buying a used car is a smart decision if you want to stick to an affordable budget and strike a good deal. Here are the things to keep in mind

  • Money9
  • Last Updated : July 12, 2021, 17:35 IST
  • Follow
  • Follow

In modern times, having a car is not considered a luxury but a basic necessity. Especially in Covid times, when most of the people are avoiding public transport and are trying to maintain minimum exposure while travelling outside.

Buying a used car is a smart decision if you want to stick to an affordable budget and strike a good deal. The year 2020 experienced a rise in the purchase of used cars. According to reports, 40 lakh used cars were purchased in 2020 as compared to 28 lakh brand new cars.

Here are the things to keep in mind when you buy a second-hand car:

The place from where you buy the pre-owned car

A person can buy a car from an unorganised market. However, one needs to be very careful of the dealers before buying to ensure it is a credible purchase. Organised markets are also a good option, from where a person can buy a second-hand car. Though there will be an additional cost charged on cars sold in such markets. One can also look at buying from their friends or relatives.

Nearby service centres and facilities

On should buy the car model, which has a service centre at a nearby location or is easily accessible. It is important to always check if the auto parts of the car are also readily available in the market.

1 to 3 years old car

The used car should be between 1 to 3 years old. It should not have covered more than 30,000 km distance. One should also match the engine number with the chassis number.

Documents

-Insurance paper of the vehicle

-Any loan papers

 

Published: July 12, 2021, 17:35 IST

Download Money9 App for the latest updates on Personal Finance.

  • Covid-19
  • insurance
  • loan

Related

  • Only then you will earn higher return on investment!
  • Is there something wrong with your investment?
  • Answer to your every question on mutual fund investing!
  • Who should invest in tax-free bonds?
  • Should you opt for higher pension under EPS?
  • Money9 special: Investment tips for the current euphoria in stock markets

Latest

  • 1. Know the correct way to get KYC done!
  • 2. Why health insurance claim gets rejected?
  • 3. Power to Respond!
  • 4. What is Asset Under Management?
  • 5. No Worries on Medical Expenses!
  • Trending Stories

  • DGCA प्रमुख ने सुचारू उड़ान संचालन सुनिश्चित करने के लिए पायलटों से मांगा सहयोग
  • रेपो दर में कटौती से घर के लिए कर्ज होगा सस्ता, मांग बढ़ेगी: रियल एस्टेट
  • मीशो के 5,421 करोड़ रुपये के आईपीओ को दूसरे दिन मिला 7.97 गुना अभिदान
  • इंडिगो को अगले साल 10 फरवरी तक उड़ान संचालन पूरी तरह बहाल होने की उम्मीद
  • Indigo की 200 से ज्यादा फ्लाइट रद्द, हजारों पैसेंजर फंसे
  • TV9 Sites

  • TV9 Hindi
  • TV9Telugu.com
  • TV9 Marathi
  • TV9 Gujarati
  • TV9 Kannada
  • TV9 Bangla
  • TV9 English
  • News9 Live
  • Trends9
  • Tv9tamilnews
  • Assamtv9
  • Malayalamtv9
  • Money9 Sites

  • Money9 Hindi
  • Money9 English
  • Money9 Marathi
  • Money9 Telugu
  • Money9 Gujarati
  • Money9 Kannada
  • Money9 Bangla
  • Money9live
  • Topics

  • Insurance
  • Savings
  • Loan
  • Stocks
  • Mutual Funds
  • Real Estate
  • Tax
  • Crypto
  • Exclusive
  • Follow us

  • FaceBook
  • Twitter
  • Youtube
  • Instagram
  • Linkedin
  • Download App

  • play_store
  • App_store
  • Contact Us
  • About Us
  • Advertise With Us
  • Privacy & Cookies Notice
  • Complaint Redressal
  • Copyright © 2025 Money9. All rights reserved.
  • share
  • Facebook
  • Twitter
  • Whatsapp
  • LinkedIn
  • Telegram
close