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January 29, 2014

Buying a used car is not as simple as buying a new one. A serious research needs to do before you trade. Explore options such as private sellers, dealers, newspaper classifieds, auto magazines, online car sale sites or an auction. Look for models, their costs, repair records, mileage and other related documentation as per your allotted budget. Stamp duty, insurance, fee to transfer registration have to be taken into consideration apart from the purchase price. So, think wisely.

Hence, take a look underneath to make your purchase an easy task.

Before buying a car, the consumer must know the following:

  • You can hire a professional to inspect the car or do it yourself.
  • Make an inspection list with the help of a website, a magazine, a book or a friend who holds an expertise in the cars.
  • Go for a test drive in different road conditions.
  • Check the car maintenance record from the dealer or the repair shop or the owner. Never trust blindly.
  • Have a private data check. Check with the local authorities, insurance companies and salvage yards to get the real picture.
  • You can always negotiate the value of the car before the purchase.

How to buy a used car? Know your consumer rights.
Every person who wants to buy a used car has the right to know the history of the car. The history comprises of the following:

  • Year of manufacture
  • First registration date
  • Capacity of the engine
  • Color of the vehicle
  • Excise duty rate
It also tells about:
  • Theft as regards the car
  • Financial bearing on the car
  • Damage endurance due to any road accident
  • Incongruity between the mileage depicted on the database and what the vehicle is showing

The car bought from the dealer

When the consumer buys the car from a dealer, the consumer must look for:

  • An established car dealer
  • Dealers who have examined their cars by an independent engineer or motoring organization.
  • Check with the trade associations that some dealers claim to be part whether the claim is genuine before buying the cars.
  • A reasonably good quality as per the age and quality of the car
The contract must contain:
  • The price of the car
  • The mileage of the car
  • All the claims that the dealer makes about the car sale
  • Disclosure of the car sale (if sold before)
  • The amount have to be paid to the company (if under financial agreement), the interest rate and due payments.
Do not sign the agreement if that you do not understand some clause. Try some other dealer.

The car bought from a private seller

If you are buying the car from a private seller, the person is legally bound to reveal everything about the car.

On your part, check the following:

  • The registration documents have to ascertain by the real seller. The documents will reveal if the car is under a financial agreement. Under such circumstances, the seller does not have the right to sell it. Buying a car like this puts you under the threat of losing the car if reclaimed by the real owner- the financial company.
  • MOT certificate. You can check it online or take services of a professional auto services like car services Epping.

Other consumer rights

Car clocking: Car clocking is a serious offence. It is an adjustment to depict less mileage reading. The driver’s life have put at risk with such deceit. If the consumer doubts such a thing, he/she can always report it to the authorities who look into such complaints.
Return of the Car: The consumer can always return the car if he finds any kind of problem pertaining to car’s age or mileage or shows unexpected developments within few days of purchase. Return the car and receive the money back. However, remember, there is a reasonable period in which the car can be returned. This time varies from place to place. You must know this before the purchase.

All consumers must know these consumer rights before buying the car to protect themselves from any hassles.
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1 comment:

  1. Great data. Many thanks intended for supplying all of us a really helpful data. Maintain the favorable do the job and also go on supplying all of us a lot more good quality data from time to time.Used Cars


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