It is a known fact that a lot of car enthusiasts in India, be it from upscale Gurgaon or from a Tier-II and Tier-III city, are now opting for used cars. In fact, the used car market in India was growing at 15% in 2015 and is expected to double that figure by 2020, according to The Economic Times.With high depreciation being associated with luxury cars, these vehicles have become viable and interesting options for someone looking to upgrade to a luxury car on a budget.
Important Considerations before Buying Used Luxury Cars
- Buy from a reputable dealer– The Economic Times story cited above also points to the fact that almost 85% of the pre-owned car market in India is dominated by the unorganized sector. If you go via that route, there is no surety that the luxurious Jaguar, Porsche or Audi that you are trying to purchase ends up being a quality purchase. Most people end up spending money to buy used cars only to regret it later, when the vehicle fails to perform up to their expectations. This underlines the need to look at authorized dealers of preowned vehicles, such as Audi Approved, which ensures that each used vehicle sold by them is performing optimally.
- Transfer of ownership – A car dealer that can guide you through the buying process and take care of things like transfer of ownership, as well as insurance, has to be your preferred choice. You wouldn't want to fall short on any aspect of a smooth ownership transfer and the guidance of a reputable dealer will be of great help here.
- Rigorous quality checks – Yes, you can get great discounts on the price of a second hand car whether you are in Gurgaon or Kochi. But is that all you're looking for? The quality of the purchase has to be of paramount consideration. Buy from a reputable dealer of pre-owned luxury vehicles who has inspected the car in great detail and is willing to certify the car for you. For instance, an average customer will not know about various checkpoints to inspect, such as the engine, the under-chassis area, things to observe in the interiors and exteriors of the car and a host of other such crucial details. Buying from a certified used luxury car dealer will give you a sense of relief that you are putting in your money on a quality buy.
Do take these factors into account before buying used cars to ensure you can relish the experience of owning and driving a luxury car that is as good as new and comes to you at a much lesser price than a brand new set of wheels.
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