In the present times owning a car has become necessity than a luxury. In fact, now everybody look forward to buy a four-wheeler at early age. However, escalating manufacturing costs and rising inflation has kept the dreams of millions still a dream who want to exit car showroom driving a brand new car.
But, where there is will, there is a way. The growing used car market in India has given some respite to those who aspire to own a four wheeler. The market has emerged as vibrant and transforming segment of auto industry. Various developments including high income level and new launch by auto manufacturing companies are encouraging people to switch cars early on and frequently. So, people sell them often in used car market. The online buying and selling portal have also added fuel to second hand cars and has emerged as new trend in the automobile industry.
According to the latest report on the growing sector, the Indian used car industry has significant size. The market is expected to grow at a cumulative annual growth rate of around 22% during 2011-2014 to reach 3.9 million units by 2014 end. The reports highlight that used car market is an organized sector that is offering certified cars at competitive rates, insurance, free service, insurance and warranty. The growing sector has also fuelled original equipment manufacturers to venture into the second hand car market.
Within few years of organized and reliable used car market has grown to a sizeable size with Maruti True Value, Tata Motors Assured, Hyundai Advantage, Chevrolet OK, Mahindra First Choice and BMW premium Selection catering the needs of people looking for a four wheeler.
Options are many but you need to make a cautious choice. Like any conscious decision, there are few things that you need to look before buying a second hand car. Any car which has done between 15,000 km and 50,000 km is worth it. All leading brands have good engines that work efficiently if maintained well. Before buying a car you should also look for an honest dealer and check whether the car is repainted, accidental or not. The door panels can give away signs of accident if any; If the car is hit from back its trunk flooring reveals secret.
Engine is important. You will feel if it doesn’t sound well. Take a known mechanic with you and he will tell you all the diseases that vehicle has and suggest whether you need to put your hard earned money or not. It is also essential to check that air conditioning system of car works well. If it doesn’t cool enough, the car is not cool enough to buy.
Though most of the used car sellers do touch-up work with the cars they sell, one should always check scratches that may spoil look of your car. Check the model year mentioned in the registration papers, chassis number, and insurance validity before quoting or taking the final price. Checking all this will allow you in the bargain.
A second hand car is ideally good if purchased within 3-4 years of its manufacturing. However, one can always go for a car which has done less kilometers in terms of years. The advantage buying second hand car is sedan class car comes at price of a brand new hatchback.
Buying second hand is also good if you think a bit of the country. There are already numerous vehicles that keep coming on roads from showroom. You can minimize that with buying a good second hand car.