Things to Check Before
Buying A Used Car in India:
Conducting a rigorous check of the vehicle becomes even more important while you are purchasing a used car because of the complications involved. Thus, make sure to consider the below-mentioned points as a checklist. Here is the checklist for buying a second-hand car.
1) Check the Car’s Condition:
Once you have zeroed in on the car, it is important to get into minor details to arrive at the purchase decision. If you have good knowledge about the technical aspects of a car, you can examine the vehicle yourself or else seek help from a trusted mechanic.
2) Maintenance Records:
Some car owners meticulously maintain the servicing records. They have the receipts filed and dates noted. On the other hand, some owners do not give too much thought towards maintaining records.
3) Check Registration Certificate:
Verify the authenticity of the vehicle’s registration certificate. It will have the owner’s name and the car’s details – engine number, chassis number, etc. The certificate should be original.
4) Car Insurance:
While buying a second-hand car, the old car insurance needs to be transferred to the new owner’s name
5) Transfer of No Claim Bonus:
This point is related to car insurance. NCB is a bonus. It is a reward for not filing a claim during the policy period. Therefore, it is known as a No Claim Bonus (NCB)
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