TIPS TO AVOID TRAPS WHILE PURCHASING A USED CAR

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

There are three critical numbers to check while you are buying a used car & these 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.

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. You may evaluate the value for the car that you are willing to buy through various internet tools by feeding the basic details. Along with that you may take help of Shriram Automalls valuation service to find out the tentative cost of the car that you are willing to buy.

Don’t fall for a high trade-in value

It’s natural to be inclined towards the dealership that 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 acquire used 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. Their process is certified by ISO standards and the company has been recognized widely by industry honchos for its professional services.

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Expert Tips You Should Know Before Buying Used Cars

Buying used car is now made easy by Shriram Automall. The company offers widest range of used car under single roof, with other allied services like parking, documentation, valuation etc.

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The Urban Used Car Market – All You Need To Know

(Image Source: theautochannel.com)

The used car market is one bright shining spot in this sluggish automotive industry since last few years. Always rising price of petrol & then the inability of people to buy a new car due to high interest rates lead to the change of people’s mindset to buy a used car. This trend was realized by various automotive manufacturers in early stages where they invested huge amount in setting up the dealerships for used car all across the country.

Coming up of organized players like Shriram Automall who with their effective process won the trust of customers & expanded their wings all over the country within a short span of five years only. Thanks to all these development, now the used car market is estimated at the same size as of the new car market.

See Also: Top tips to buy a used car

In this blog we give you the insight of the buyers of used car in India. As per a recent study by Deloitte, 67% of the used-car customers are in the age group 26-35 years, 22% of all customers are between 36-48 years of age. 66% of the customers have 2-4 members in their family, 30% have 4-6 family members.

As a known fact today majority of the used car customers are first-time buyers, 78% of customers from South and West are first-time buyers. North has the lowest level of first time buyers at 62%. Among these, a high percentage of people are upgrading from a two-wheeler to a for-wheeler.

What they look in while buying a used car?
•    Brand
•    Kilometers
•    Condition of car
•    Budget
•    Vehicle type

What is the ideal age of used car to buy?

Most customers buy a 2-4 years old car, the trend is largely similar across regions and from both customer and dealer perspectives. It’s been found like players who offers only certified used cars sell more other unorganized players. As reported most customers like to visit at least 1-2 dealerships before taking their buying decision & finalize their purchase within 5-10 days.

So, why wait so long when you can easily buy second hand cars in India. Visit Shriram Automall to choose from a wide range of used cars at the best price.

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Top Things to Consider While Looking To Purchase a Used Car

The information presented in this Infographic may come in handy for buyers looking ahead to buy a used car. Buyers actually have more information as they research well on which model to buy. The final decision lies in their hands only.

If you are looking forward to purchase used cars in India, you can always pay a visit to Shriram Automall - a unique bidding platform to bid on your choice of second hand cars or you can also submit your requirement to get a call back from us at the earliest to assist you further in order to get you the best pre owned car in your budget.

Read More

Tips To Avoid Traps While Purchasing A Used Car

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.

(Image Source: abcnews.go.com)

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.

Read More