Second hand cars News
Second hand car: Buying a second-hand or used car can be a smart and budget-friendly decision, but it also needs careful checking before bringing the car into your garage. Unlike a new car, a used vehicle comes with a history that may include wear and tear, accidents, or legal issues. Many buyers make mistakes by focusing only on price and exterior looks, which can later lead to costly repairs or paperwork problems. To avoid such risks, it is important to inspect the car thoroughly, verify documents, and understand its maintenance and accident history. A proper test drive and ownership transfer are equally important to ensure a safe and hassle-free purchase.
Here are a few key points that you should keep in mind while buying a second-hand or used car:
Second-hand cars should have car insurance same as the new cars. Read further to learn more.
Road Transport Ministry to strengthen second hand car market
MoRTH proposes authorisation certificates for dealers to check malpractice
These rules are expected to aid in recognizing dealers of registered vehicles
Pre-owned car market has surpassed new car market in India
Careful inspection, knowledge needed to buy good vehicle
Organized players further pushing used car sales
With the beginning of the election season in Uttar Pradesh, the demand for luxury vehicles has increased. The politicians who have got tickets want to use long vehicles for campaigning but the showroom owners have made it clear that there is a shortage of delivery at the moment.
Ola Cars will help users in buying and selling second hand cars on their platform.
Ola Cars will compete with the likes of CarDekho, Cars24, CarTrade, Droom, and Spinny which are already there in this segment for quite some time.
Ola Electric had recently launched escooters S1 and the S1 Pro, at a price of Rs 99,999 and Rs 1,29,999, respectively.
The demonetisation coupled with GST and BSIV norms seem to have made a dent in the domestic pre-owned car market with the segment growing six per cent lesser in the previous fiscal against the projected growth of 15 per cent, as per an industry report.
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