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While buying a brand new car has a charm of its own, India showcases a huge market for used cars as well. Irrespective of the income rung of the economic ladder, there is hardly any household that doesn’t possess a car. However, the option of affording a brand new car may not prove to be viable to all. The market of used cars has, hence, flourished as an equally popular platform in Indian context. The market for used cars greatly caters to the interests of the middle class Gen Y mass, who have desires and fancies for luxury vehicles but can’t really afford for a new one. What can be a better option for them than buying a used car with all desired performance at almost half the price as compared to that of a brand new car? Though the warranty dates may vary but original documentations and warranty can be transferred from the new car owner to the second one. This ideally aids in favour of the second owner in terms of enjoying extended benefits. Along with this the second owner can also pay less an amount on insurance, though marginally. Yet another aspect than can be considered to be immensely favourable is the depreciation value of a second hand car. This value is comparatively less than the new one, keeping the value undisturbed, in case the second owner wishes to resale the possession. Considering the stated facts, benefits of buying used cars in India is manifold and is indeed a smart move in terms of financial concerns. If you are inspired to buy used cars in India, abiding by the following tips can help: 1. Locate the right used car that with suit your purpose and the size of your family. It is advisable if you can consider the future requirements and needs before planning to select any particular model. 2. The choice of car must match with your pre-set budget and meet the needs at the same time. An alternative choice of model should be kept in mind. 3. Consider judging the car’s performance, mileage, condition, reliability and popularity of the brand before bargaining with the cost of the used car. A research on the detailed information of the car can help in the long run. 4. Think of probable options of how to finance well in advance before heading for buying a used car. Deciding upon the amount for monthly payment and down payment can help in determine a realistic range of purchase price of a used car and help in further negotiation with the car’s owner. 5. Be informed about the reliable places to buy a used car from. Ideally, you can avail used cars from private parties, new car dealership and used car lots. 6. Before making the payment, go for a test drive to evaluate the concerns, you have in mind. 7. Once you decide upon any particular car, verify and cross-check all the documents properly. Make sure all your apprehensions and queries regarding the documentation and services are clarified. Patiently inspect for the documentations and make sure all the paper works are complete. Any commitment on post sale services and other promises from the dealer and owner must be recorded in written. Be mandatorily informed that: 1. Used cars come with warranty when purchased from one of the many company-owned used car outlets. However, there is some limitation to this feature 2. Company owned used cars come with post-sale service offers. 3. Most company outlets offer certified used cars with pre-delivery check by experts. So, what are you waiting for? Give a shape to your dreams right away by buying a used cars India and used tata nano for you and your family.
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