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Tata Capital > Blog > Loan for Vehicle > A Guide to Buying Used Cars in Delhi

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A Guide to Buying Used Cars in Delhi

A Guide to Buying Used Cars in Delhi

Second-hand cars are an affordable option for many. And today, used cars are readily available all over Delhi through dealerships, classifieds, and online retailer websites. 

However, before buying a used car, you should know what to look for and avoid. If you are not careful, you might end up wasting money on a seemingly affordable vehicle! 

To help you make an informed decision, here is a handy guide on how to buy used cars in Delhi.

Select your car

Choosing the right car that suits your lifestyle, needs, and budget is crucial. For example, if you have a family and travel out of Delhi frequently, you might want to purchase an SUV model within your budget. 

If you plan to finance your purchase with a loan, use a used car loan EMI calculator and estimate your EMI in advance. 

Additional Read - 4 Step Guide to Buy a Used Car in India

Explore all buying options

Once you have chosen a car, you should start looking at your buying options. Here are some ways you can buy a second-hand car in Delhi:

  • Directly from the owner
  • Your local pre-owned car dealer
  • OEM (original equipment manufacturers) brand-owned used cars
  • Online classifieds
  • Online used-car retailers

Take a test drive

Insist on driving for at least 5 km through various qualities of roads. Carefully observe the car's performance and your comfort level. 

Here is a test drive checklist:

  • The car should start instantly
  • There shouldn't be any strange noises
  • Gears should shift smoothly 
  • Upon releasing the clutch, the vehicle should move forward without jerks
  • The steering should not vibrate at all
  • The brakes should slow down proportionally to the force you apply
  • Your car should move in a straight line and not sideways on braking
  • Check for oil leaks from the engine and the gearbox

Do a pre-purchase inspection 

First, check the meter reading. Ideally, you should go for a 5 year old car with a run of 30,000 km to 40,000 km. For further inspection, observe the following: 

  • The wheels, shockers, suspension springs, and bushings should be working
  • Check the battery for signs of acidic wear and tear
  • Check whether the car's cooling system is working
  • All the lights such as dippers, hazards, indicators, brake lights, headlamps, and reverse lights should be operating

Check the documents 

  • Registration Certificate: This document proves that you are buying a car from a registered buyer. Ensure that the engine and chassis number on the RC match those on the vehicle. 
  • Insurance: Check the insurance documents for past accident claims. 
  • Pollution Certificate: The PUC ascertains the fitness of a car during ownership transfer.
  • Road Tax: If any road tax is due on the used car, you can bargain for the price.
  • NOC: A no-objection certificate states that the previous owner has cleared the new or used car loan on the car, and the financier has no claim on it. 

Additional Read - What Is the Eligibility Criteria To Get A Used Car Loan In Delhi

In conclusion

Purchasing a second-hand car is inexpensive and eco-friendly. Remember to follow this guide, and you will have a hassle-free buying experience. 

If you are looking for a second-hand car loan, Tata Capital is here for you. We offer you competitive used car loan interest rates and flexible repayment options. 

Visit our website to learn more about our loan offerings and apply online. 

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