A new car depreciates at a much higher rate than used cars and that’s where you can gain. The highest depreciation occurs in the first year of a new car which is close to 40%, if used extensively. You don’t face a huge depreciation while buying a used car. Besides, there’s no tension regarding the chip in the paint, or parking lot scratches.

You get a warranty on your vehicle, while purchasing a used car from a genuine aggregator. But the warranty is limited and covers a fixed number of kilometers within a stipulated time.

Gone are the days when second-hand cars meant rumbling jalopies with shabby interiors and worn-out exteriors. Today, you don’t need to sacrifice reliability while striking a deal for a pre-owned car. Certified used cars meet appearance, detailing, and mechanical standards.

Perhaps the most important part of buying a used car. Insist on taking the car for a 4-5km test drive through various types of roads and observe the comfort level while driving. The engine should start instantly, the steering must not vibrate, and there should be no unusual sound or vibration while driving. A vibrating steering means there’s a front-end trouble. Apply the brakes properly at a speed of 30-50 kmph. The car should stop in a straight line.

a) Blue book : This is actually the registration certificate. Inquire with the regional transport office (RTO) whether it’s genuine. The engine and chassis number should match with that on the registration papers. Check state of registration. It should be the state where you will use the car. The seller should do all necessary things for transferring the registration to the state of use.

b) Insurance : Check for prior accident claims. The insurance certificate is must for transferring ownership.

c) Pollution : The pollution under control (PUC) certificate is must to transfer the name.

d) Road tax : The seller should hand over all road tax papers to you. You can bargain on the price of the car if the road tax is pending.

e) No objection certificate (NOC): This one is issued by the finance company. It should state that the financer has no claim on the car.

1. Once you have zeroed in on your pre-owned car, it’s time to check relevant papers. First comes the year of registration. A car which has travelled 14,000-18,000km and is about 3-5 year old, is the best buy. Check the vehicle’s odometer to compare it to the manufacturing year. Remember, odometers can be tampered, whether electronic or mechanical.


2. Next, check the engine. It should start smoothly. A good engine won’t emit any black or blue smoke during acceleration.


3. Check for oil spouts from the exhaust.


4. You can bargain if the tyres are not up to the mark. Check for leaks. Tyres should be preferably tubeless so that you can drive to the nearest service point in case of a puncture.


5. The wheels should be properly aligned.