Checklist for Buying a Used Car

Everyone wants to own a car nowadays. A certain percentage of the population cannot afford to purchase a new car and there are some who do not want to invest a lot on purchasing a car. So, there exists a market for purchasing used cars which is an affordable option compared to spending on a new one.

There are some checklists you should go through while buying a used car:

• The condition of the car in totality You can hire a mechanic to come along with you to do some inspection of the car. Look for spare tyres, the amount of wear and tear of the vehicle and also check for dents on the exterior body of your purchase.
• Take a test driveTake your car for a test drive. Check for engine noises, the suspension etc. Take someone with you who knows about cars mechanism for a genuine feedback.
• MaintenanceCheck that the brand of the car has a large dealership in the market near you so that it is easier for you to buy any car parts for future maintenance.
• Know the service historyYou should make sure that you get hold of the service booklet of the car you are purchasing. It will help you to know the previous service history maintained by the owner.
• Important documentsMake sure that you get hold of documents like, original registration papers, valid vehicle insurance papers, valid Pollution Under Control certificate and valid tax tokens. Purchase it only after you are assured that the car is not stolen from someone.
• Negotiate price
  Negotiate the price with a conscious mind. Be patient enough to visit several dealers of the same car to compare the various prices options. You can then opt for a dealer you agree with. Make sure that you double check the car which is being given to you for a price which is too good to be real. There is a possibility of huge defaults in the car itself.

Now that you’ve bought your car, you can consider these car insurance companies:

TATA AIG Car Insurance- It is one of the well-known names in Car Insurance companies in India and can be availed either from their agents or through their online website.

Some of the best features are:

• They give free of cost car pick-up and provide you with an online claim and settlement option for the matter within a week.
• It covers you for total or partial damages done to the vehicle 
• Add-on facilities like, daily allowance, return invoice, key replacement, no claim bonus protection and reimbursement of depreciation.
• It covers you for the lost belongings in an accident.

Bajaj Allianz Car Insurance: A premier name in Car Insurance, Bajaj Allianz is a trusted and well known name in Indian Insurance industry because of their fast service and quick claim settlements.

Best Features of Bajaj Allianz Car Insurance:

• They provide car insurance to Indian and overseas clients.
• It covers you for accidental damages to your car and safe guards you from third party legal liability on any material loss, injury or death of a person.
• Clients can avail free services at various garages in 1500 different locations. 
• They pay 75% of the total cost in cash if in case an option for online payment is missing at any location. 
• An SMS service is available for their clients when they claim an amount.

Bharti AXA Car Insurance- A well know name in the Car Insurance Industry, it is famous for its quick claim settlement and plan features.

• They provide instant assistance at the site of accident and cover up for loss of key. 
• The medical expenses of the co-passengers during any mishaps are covered. 
• It assures 100% repayment in cash if the car gets stolen or is critically damaged. 
• The customers can avail free services from garages that are linked with it and can avail the benefit of discounts on premium and e-purchases of cars.
• If the customers own an ARAI approved anti-theft device, they get additional offers and discounts. 
• The insurance holders can make their claim online.

Oriental Motor Insurance- It is a Government owned Insurance company and has a proven track record in Car Insurance settlements.

Best Features of Oriental Motor Insurance:

• This company is owned by the government.
• It is appreciated for its private auto protection policy, beneficial add-ons and a great claim settlement. 
• They were awarded the ‘Best Public General Insurance Award’ and have been given an iAAA rating by ICRA.
• The clients can buy and renew insurance policies online.

Conclusion

The second hand market for cars is a growing space. It came into existence to fulfil the wish of a person who looks forward to buy a car by investing less. You should see that you make the best choice from the options given to you. Also opt for a car insurance even if it for a used car.