The social prosperities are rising throughout the world. These prosperities are manifested in the increased spending on the luxurious lifestyle and also specific and special icons like cars! Owning a car is a fancy of most of the households, especially in countries like India where the noveau riche segment has emerged in the society. However, a finer differentiation always existed in the car buyers’ class and those liking to buy the used vehicle were always present. In a very striking manner, this latter segment has boomed and now there are more heads seeking a second hand drive to fulfill their aspirations. There are potent reasons for such affinities and the lower cost is the most determining one. Must check how used car valuation has emerged important and the specialists are offering very authentic advice to the potential buyers of cars. With such dedicated catering the second hand car concept is catching up fast here in India.
Here are the core dimensions pertaining to used car valuation that won’t be aired by the car experts and sellers. Look out for these and save you deal for a good value in your favor –
The make year of the car
This is the factor most intrinsic to the car. The manufacture year of the car determines the overall health of the car; more particularly the internal condition that remains latent and for which the ordinary buyer has very little expertise! If the make year is older then the condition of the car could be bad and vice versa. The core equation is that every car in the new state is made as perfect and smooth. In course of time, the inconsistencies emerge. Greater the time elapsed, more would be the problems! So take care on this count and better to go for the latest year of manufacture.
The external condition
The external condition including the body is the superficial yet potent component that influences the potential buyer. Every buyer first tries to have the looks and visuals and then goes for the secondary details (including the make year of the car). The good external condition also determines the upkeep of the vehicle by the existing bearer and thus transforms into the current value of the car.
Interiors is the next dimension that is taken into account. The seeker always tries to do the peep through the windows and also wishes to grab a seat inside to take the finer glimpse. The wear and tear of the internal aesthetic elements could emerge as the nasty determinant. A well furnished car that been taken care of in a routine way is generally the good option.
The engine condition – go for the test drive yourself
The factor of engine condition and contingent performance is the most essential one as upon this, depends the future drive characteristics of the second hand car so bought. It should be stated that even the make year of the car could run contrary for this factor. A recently purchased car could be going really bad if it has been run hard and long and without any overhauling in a timely manner! It is always advisable that the potential buyer takes a curious test drive for the time till he is satisfied or dissatisfied.
As for used car valuation techniques, ‘brand’ is again very important factor while buying the car. Some brands enjoy the market prestige and confidence in the buyer’s segment on account of the trusted performance that their vehicle offers. The buyer could go for the reliable brands & do lesser inspections; and ultimately align their decision on fewer parameters like ‘make year’.
Mileage – very important factor!
Mileage is the dimension that would determine the running cost if you make the buy. A badly performing fuel gutter vehicle could drain out your pockets and you may end with a bad deal; looking for the buyer to get relieved. Take care and look out for the mileage features on road and not merely going by the estimate of the seller on paper. Test drive is a good chance to test the mileage of the car. Do it yourself inside the city and also on the fluent outskirts. Better you test as per you sought routines – that is city or long drive or countryside or weekend drive.