🚗 3 Things to Check Before Buying a Used Car to Avoid Losses
Buying a second-hand car can save money, but a small oversight can lead to huge losses later. Here are three crucial things you must check before sealing the deal:1️⃣ Verify the Car’s Documents· What to Check:o Registration Certificate (RC) – ensure the car is not stolen or under a loan.o Insurance papers – check validity and claim history.o pollution Under Control (PUC) certificate.o service history – maintenance records can indicate how well the car was cared for.· Why It Matters: Missing or fake documents can cause legal trouble and financial loss.2️⃣ Inspect the Car’s Condition Thoroughly· Engine & Transmission: Look for leaks, unusual noises, and performance issues.· Exterior & Paint: Check for scratches, dents, or repainting, which could indicate past accidents.· Tyres & Suspension: Uneven tyre wear can indicate data-alignment problems.· Tip: Always take the car for a test drive to feel how it handles and check for hidden problems.3️⃣ Check the Car’s Market Value and Loan Status· Market Value: Compare the asking price with online used car portals or local dealerships. Don’t pay more than the fair market value.· Loan Status: Ensure the car is not under an existing loan. If it is, the bank’s lien must be cleared before purchase.· Why It Matters: Overpaying or buying a car with outstanding loans can cause financial headaches and legal disputes.✅ Bonus Tip: If possible, get the car inspected by a trusted mechanic before purchase. This can save you from unexpected repair costs in the future.Buying a used car can be a smart investment if done carefully. Checking these three things can help you avoid losses and enjoy your new ride without stress. Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.