4 Important Questions You Must Ask Your Used Car Dealer
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Buying a car, being one of the biggest financial investments, it’s quite natural for used car buyers to be intimidated while dealing with the buying process. Ensure that you do your research well ahead of time. Whether you are buying from a dealer or private seller, you can find a lot of good used cars in Mumbai, Bangalore, Delhi or any other city for that matter. If you are buying from a used car dealer, you should be aware of what enquiries you need to make with the dealer. Here are the top 4 questions that you must ask your used car dealer.
Where Did the Vehicle Come From?
Dealerships source used vehicles from different sources – it could be from new vehicle dealer trade-ins, auctions, rental car fleets, demos or other new car dealers. It’s important that you know where the used car came from so that you can obtain a precise maintenance history. If it was a trade-in, ask them to see the maintenance history. If it was sourced from an auction, get a mechanic to thoroughly inspect the vehicle.
Do You Provide In-House Financing?
If you are not ready for a total cash purchase, you might have no other option than going for a financing option. Most of the new car dealers offer financing options, but not all used car dealers have this kind of service. However, some of them might have the option. If they do have an in-house financing option, gather as much details as you can. Compare the deal with what your bank is offering for a typical car loan. Opt for the better choice.
Do You Have the Trade-In Option?
The availability of such an option can make your life a lot easier. If you presently own a car and wish to trade that in, ask the dealer if they will pick it up as a trade-in. This can save you from the hassle of striving to sell your current car on your own. It’s just that you need to ensure that the dealer takes your vehicle as a trade-in for a decent price.
Is There a Discount If I Pay Full Cash?
Most used car dealers make money from the financing products that they sell, but still they are in favour of a cash purchase. So, find out the car’s discounted price if you opt for cash payment rather than the conventional financing plan.
These questions can help you ensure that there won’t be any nightmares down the lane.
