Here’s How to Get a Good Deal While Buying a Used Car

1. Here’s How to Get a Good Deal While Buying a Used Car

2. Introduction • If You Are Tired Of Walking Everywhere On Feet Or Resorting To Public Transport, It’s Time To Opt For A Car Of Your Own • A Used Car Will Cost You Much Less Than A New One, But Give You The Same Freedom And Joy • Let’s Find Out How Buying A Used Car Can Be Wise For You And How You Can Bag A Good Deal

3. Depreciation Is A Boon • Depreciation Is A Major Reason Behind Buying Used Cars • Used Cars Depreciate At A Slower Pace Than New Ones • In Fact, Within A Few Years Of Purchase, Any Newly-purchased Car Becomes Worth About 60% Of Its Original Price

4. Guaranteed Warranty • Cars Are Still Under The Manufacturer's Warranty Even When They Are Old • Unless They Face Major Accidents & Damages, They Will Serve You Well Over Several Years • So, How To Grab A Good Deal While Buying A Used Car?

5. Do Proper Homework • Research On The Make And Model You Are Interested In Buying • Conduct A Market Study And Try Estimating The Value Of Your Coveted Model And Make • Choose A Car That Meets The Mileage And Features You Yearn For • Keep Searching For The Seller Who Matches The Lowest Or Your Expected Price

6. Take a Test Drive • Once You Zero Down On A Model, Go For A Test Drive To Ensure That Everything Is Working Fine • Check The Ownership History, The Odometer Reading, And Accidents And Damage Reports • Buy The Car Only If You Are Content With Your Test Driving Experience

7. Choose Private Sellers Over Dealers • Private Sellers Are Not Professional Salespersons And Are Often Unable To Bargain • They Are Usually In A Rush To Sell Off Their Cars Because They Are Planning To Buy New Ones Or Are Probably Moving • Used Car Negotiation Is Easier With Private Sellers • Ensure That You Receive The Duly Signed "Pink Slip" From The Seller Though

8. Select Certified Pre-Owned Cars • Go For Certified Pre-owned (CPO) Cars, Especially If You Plan To Buy A Used Luxury Car • This Way, You Get A Minutely Inspected Car With All Maintenance Issues Addressed Before You Leave With The Vehicle

9. Choose A Discontinued Or Slow-moving/Slow-selling Model • The Best Time To Buy A Used Car Is When Dealers Have Limited Space In Their Showrooms • Go For The Ones That The Dealers Often Announce For Stock-clearance Sales • They Usually Put Up Slow-selling Or Discontinued Models At Discounted Prices. Grab The Best Deal On Time!

10. Apply For A Used Car Loan • You Can Avail A Used Car Loan And Repay In Instalments • Just Make Sure You Approach Reputed Financial Institutions • Research Well, Choose The Best Loan Terms And See If You Fit The Eligibility Criteria Of The Lender • Submit A Few Necessary Documents For Verification • The Used Car Loan Will Be Consigned To Your Dealer, And You Will Get The Car Of Your Dreams!

11. Conclusion • If You Are Aware Of What You Need And How Much You Can Spend, Your Work Of Choosing The Right Used Car Is Almost Done • Keep The Above Tips In Mind, Avail The Best Used Car Loan You Can And Grab A Good Deal Today!

12. Thank You !Would Love to Hear From You Hero FinCorp Limited 09, BasantLok, Vasant Vihar, New Delhi - 110057 Tel. 18001024145 Email Id: Corporate.Care@HeroFinCorp.com Website: https://www.herofincorp.com/ Know more- Here’s How to Get a Good Deal While Buying a Used Car