A rapidly growing market for new cars consequently means a rapidly growing market for used cars. Buying a pre-owned car in today’s times makes a lot of sense. However, there is a list of things you should keep in mind, before buying from Used Car Dealers in Delhi.
First and foremost, once you decide on the price range, you should outline what sort of car best meets your needs. For example, if you are a family of two, there is no need to go for a large MUV, like the Toyota Innova. With a growing range of makes and models, there will be a number of car models that will fit your budget, even if you are on the lookout for used car in Delhi upto 1 lakh. With a little research, you can easily figure out which car model you should zero in on. Diesel cars sell well on the second hand market.
Reliability should be high on the checklist. You can look up the quality ratings of each car that you have shortlisted. Many sites offer a comprehensive databank and archive of user reviews that will facilitate your decision. It should always be remembered that a car that wasn’t reliable new won’t be reliably used.
The best sources to see which used cars in Delhi in Delhi are available include, the Internet, used car dealers, brokers, authorized dealers, newspaper ads, and personal referrals. It is usually a good idea to interact directly with the previous owner, so the Internet and print classifieds are great sources of good deals on used cars.
There are many financing companies that offer loans for your purchase of pre-owned cars in Delhi. You should keep in mind that interest loans on used cars are higher than those for new cars. Another highly recommended option is to avail of a loan against fixed deposits. Next, it is always advisable to choose a car with a fully documented service history.
You can find out about previous accident damage by contacting the seller’s regular service station or insurance company. Also, some car manufacturers and dealerships offer warranties on their used cars. These old cars for sale go through detailed checks where defective and worn-out parts are replaced. Some dealerships also offer warranties on their used cars. Try to get as much information as you can about the warranty coverage, duration and other terms and conditions.
There has been a phenomenal growth in the used car market spurred by the growing aspirations of the middle class and the dream of owning a car. While the organized trade accounts for 20% of the total volume of sales, the unorganized trade accounts for the remaining 80%. As the latest figures suggest, the ratio of new to used car sale in India is 1:1.2, while in the US it is 1:2.5.
According to the recent estimates provided by dealers in the used car market, nearly 400 used cars are sold every month in Vizag city, out of which Maruti True Value sells 35 cars, Mahindra 28 to 30 and the remaining transaction happens in the unorganized trade. What is thus, good news to the used car market, will not bode too well for the automobile makers.
The growth in the second hand car market, increasing affordability and rising demand in the latest variants, dealers in the organized trade have been making attempts to provide an ecosystem similar to new car trade. Some of the benefits that are being offered to customers, include extended warranty on cars, document transfer, no meter tampering guarantee, and roadside assistance, amongst others.
In the last 2 to 3 years, the used car industry in the organized trade has grown 70-80%. According to Gaurav Dave, Area Manager for AP, Mahindra First Choice Wheels Ltd., the reason behind this growth is a surge in the middle class segment. Also, before recession the new car sales had gone up, thus providing the market for used cars in the years that followed.
According to Rajeev Dubey, group president and chief executive officer at Mahindra & Mahindra, the average holding period has decreased from five to six years earlier, to three years in today’s times. With the rise in per capita incomes, more and more people will explore the proposition of buying a used car, irrespective of whether it is their first car or not.
Market reports have also suggested that 7 out of 10 such pre-owned cars sold are complete hatchbacks, while the rest is a mix of sedans and luxury cars. In fact, Maruti Suzuki is the most preferred choice of used car buyers, due to its trusted reliability, ease of maintenance, and high mileage.
CRISIL has also stated that used car sales volumes have grown at a CAGR (compounded annual growth rate) of about 15% over the past five years till 2014-15. Although the ratio of sales of used cars to new cars in our country has witnessed a rise over the years, it is still comparatively slower than the 3:1 norm that is typical of mature markets like the US and Europe, which indicates potential for further growth.
Some car manufacturers and dealerships offer certified used cars. These pre-owned cars go through detailed checks wherein defective and worn-out parts are replaced. If the particular dealership offers warranties on their used cars, try to get as much information as you can about the warranty coverage, duration and other terms and conditions. It might come as a surprise that often it so happens that many reliable cars weren’t popular when they were new. However, they are great bargains in the second hand market, and perhaps even featured amongst the top 3 pre-owned model in Delhi in the same.
The fifth generation Honda Accord and Fiat Palio 1.6 are just two of the many bargain models available. On the other hand, cars like the Opel Astra and the Ford Escort suffer from an inconsistent supply of spares, high maintenance costs and terrible resale value. One should never consider buying a car whose manufacturer no longer exists.
Also, make sure that the car you’ve set your mind on has not been repossessed by a finance company Otherwise, it will be difficult to procure the Certificate of Registration and the original owner may create trouble for you even if you manage to get the car transferred to your name. You can also Google the second hand cars in Delhi price 50,000 that enjoy the maximum popularity in the pre-owned cars’ market.
With so many choices it is indeed a challenging thing to hunt down the right car. But yes, there are certain key points that you should take care of, before buying a used car. Here are some tips that will be of help:
- Budget: The most fundamental decision that you need to take is to ascertain an amount that you can spare for buying a car. Thus, it will be wise of you to only look into those cars which can fit into your budget, say limiting your search to second hand cars in Delhi price 1,00,000.
- Type of car: Once the budget is fixed, assess your requirements and select a car that suits those. It is also very important to decide at this stage, whether you prefer a petrol car or a diesel one.
- Fuel economy: This is one of the most considered features offered by a car. With the rising fuel prices, Indians in general are very particular about the fuel efficiency of a particular car.
- Seller: It is advisable to buy the car from an authorized dealer, even if it is a second hand car. Almost all leading manufacturers of the country including Maruti Suzuki, Hyundai, and Toyota operate a separate wing for used cars. Purchasing a second hand car from these manufacturers will ensure that after sales and services are provided.
- Physical Check: Once you have shortlisted a certain car, it is crucial to make a physical check of the vehicle. In the meantime, you should also check the history of the car – distance travelled, age of the car, ownership transfers, original papers and certificates- all of these things should be verified carefully.
It should also be mentioned that if you are buying a car from an individual owner, make sure the seller properly transfers the title and registration to you. If the deal is not closed correctly, there could be after-sale hassles.
Is it advisable to do some research on the car that you’re going to buy? Check out the car portals and auto magazines in order to be sure that you’re making the right choice. Besides taking the opinion of friends and relatives, reading online reviews can also guide you better. Once you’ve zeroed on in a particular car, you should test drive the vehicle yourself and see how it feels. If you find the car good enough, you can proceed to seal the deal. Also, do not hesitate to negotiate. You may get the car for a lower price, if you negotiate judiciously.
The Following are Some of the Most Widely Sold Used Cars in Delhi-
The i10 is for Hyundai what the Swift is to Maruti or the Nano to Tata Motors- that is, a segment-defining model that turned out to be a game-changer of sorts as it improved the brand’s perception in the minds of Indian buyers. Introduced in 2007, the i10 succeeded the ageing Santro and also emerged to be a genuinely global offering with impressive build quality and immense appeal. More than a decade down the line, it still makes for a convincing family hatchback in the used car market, for more reasons than one.
Why You Should Buy it-
The i10 promises an adequately comfortable ride quality at city speeds, and can thus be termed as an urban-friendly small car in its true sense. Thanks to its diminutive footprint, thin A-pillars and a fairly large glasshouse, the i10 is the perfect tool to drive you through city traffic.
Coupled with the light steering and the dashboard-mounted gear lever into the mix, the car is overall very user-friendly for the kind of roads that India generally has. With a weight of 865kg, the i10 is one of the lightest hatchbacks in its class. Besides, it offers a surprisingly well-built cabin that has stood the test of time. So, let’s just say a rattle-free cabin should not be much of a hassle as compared to the likes of an old Maruti Suzuki Swift. These factors should give buyers of pre-owned cars to go for an i10.
Also, note that Hyundai had introduced the i10 with several trim levels and that means one can pick up a used car from a variety of models with additional features, a bigger engine option r even an automatic gearbox. However, the most popular version remains the Sportz 1.2 Kappa2 (O) which is equipped with a driver side airbag, audio system with Bluetooth connectivity, steering wheel mounted audio controls, central locking and power windows as standard. This version is also accompanied by the 1.2 litre Kappa engine that offers decent pep for daily driving.
The Hyundai i10 despite its good looks, does not seek too much attention. It is also quite contemporary, and seemingly, Hyundai has deliberately toned down its fluidic design. It has a more mature design. Other features that are sure to impress car-buyers include, rear parking sensors, rear AC vents, electrically foldable and operating ORVMs, push button start stop, 2 Din Audio with 1 GB memory, cooled glove box, etc. Its superb fuel efficiency (around 11 to 13 kmpl) coupled with great pricing also makes it a value-for-money purchase. Especially in the second hand car market, you can get a used i10 for around Rs. 2.2-2.5 lakhs.
Since its launch in 2015, the Hyundai Creta has been the top-selling model in its segment. Car-buyers instantly fall for its bold exterior design, upmarket interiors, powerful engines, and decent ride quality. No wonder even the second hand car market hails it as a favourite amongst the compact SUV buyers. However, this also entails that one can hardly expect to get throwaway prices for a used Creta.
That being said, since the car has been around for 3 years now, you can get a sparingly used one at a significantly lesser price than what you would have to shell out for a brand-new model. For example, in Mumbai, you can get a petrol variant for around Rs. 10.95-13.15 lakhs.
Since the Creta recently received a mid-life facelift, the resale value of the pre-facelift model is expected to go down. The pre-facelifted Creta was powered by the same engines under the hood that are being offered in the revamped avatar. Moreover, it also offers all the features that are available on the updated model. Hence, it makes tremendous sense to buy a well-maintained used Hyundai Creta.
A major reason why even used Hyundai Creta finds great popularity amongst car-buyers is its perfect size. At 4270mm in length, the Creta is the ideal size for an SUV. It has a 2590mm wheelbase, which makes it quite roomy on the inside. Thanks to its size, it is easier to drive, as compared to the larger sized SUVs and is also easier to park. Additionally, the 190mm ground clearance makes it look intimidating to other road users, giving it the advantage of an SUV minus the hassles.
Hyundai has a wide array of models offered on the Creta, to cater to everyone’s tastes and needs. There are a total of 3 engine options that are available on the Cretan d 2 transmission options too. There is a base variant of 1.4litre diesel engine which comes with a 6-speed manual transmission, which churns out 89bhp and 224Nm.
Another variant is the 1.6litre diesel engine which generates 126bhp and 265Nm. This has the option of a 6-speed manual and a 6-speed automatic transmission. Petrol is a 1.6litre unit which produces 122bhp and 154 Nm. This is also offered with a 6-speed manual and a 6-speed automatic transmission.
Another key factor which makes often car-buyers settle for a used Hyundai Creta is the premium cabin. Be it the plastic quality, the features or the infotainment on offer, the Creta promises an upmarket cabin. If you can hunt a bit and find a good bargain, the Hyundai Creta is a good option amongst pre-owned cars.
The engine is also refined and responsive, and it can reach the 100kmph mark from a standstill in just 10.6 seconds. Ride comfort is also impressive, as the suspension is on the softer side, which means it can tackle potholes and bumps easily. However, the brakes are not as reassuring and at high speeds, it can lead to some lack of confidence.
Other Pros of Buying
This frugal SUV usually returns 12.5kmpl in the city and 17.5kmpl on the highway. Spare parts are also easily available in Tier I cities. Also, though the makers promise a strong built, it is advisable check the clutch, brake pads, fuel injectors, etc. If required, replace these by spending some extra bucks which will ensure the longevity of your second-hand car purchase. Also watch out for any damage to the bodywork and suspension.
- Honda Jazz
Buyers of used cars who are looking for a small car with adequate space should surely keep Honda Jazz on the top of their shortlisted options. Thanks to a long list of standard equipment and a family-friendly interior, the Jazz is bound to impress one and all. That being said, the flipsides include a harsh ride and unrefined engine. When it was originally launched in India in 2008-9, it was ridiculously expensive for a hatchback. Though it did not fare too well in terms of sale, it has eventually found significant popularity in the used car market.
If you are thinking of going for it, the following are some of the reasons to consolidate your decision:
Magic seats: the rear seats can be split, folded and tilted to maximize storage space. Thus, you can enjoy a truly versatile interior which would take most loads with ease.
Front space: despite its size, the Jazz promises a considerable amount of space for the driver as well as the front passenger. There is plenty of head room and even those with longer legs will be able to stretch out. The car offers adequate storage in the front, too.
Visibility: you can easily park the Ciaz on tight city streets, thanks to its excellent all-round visibility. If you opt for SE trim or above, you also get front and rear parking sensors as standard.
Reliability: Hondas are famed for their ability to keep going, and the Jazz is no exception. Even after covering long distances, one can hardly expect any mechanical or electrical calamities.
SE trim: one up from the entry level S models are SE cars, which get everything you are likely to need. The kit list includes a 7.0inch touch-screen infotainment, 15inch alloy wheels, parking sensors, and a lane departure warning system.
On the other hand, the following are some of the drawbacks of buying a used Honda Jazz-
It has very poor ride quality. Consequently, this is responsible for seats, door pads and even the dashboard squeaking sooner than one hopes.
Another reason to avoid it is its performance. The car struggles beyond 120kmph. Also, there is only one engine option- a rather wheezy 1.3 litre four-cylinder petrol unit. The standard gearbox is a reasonably slick 6-speed manual, but you can also opt for the CVT automatic gearbox. However, keep in mind that though it works smoothly and effectively most of the time but can make the engine bellow and become unrefined under hard acceleration and heavy load.
The strongest suit of Jazz is its spacious and practical interiors, which is excellent even by contemporary standards. The boot is, in fact, far larger than those of most other cars in this class, and you still get Honda’s intelligent Magic Seats arrangement.
Jazz owners tend to take very good care of their cars, so you should not have any trouble finding a good option. Just watch out for parking damage- scraped bumpers, kerbed alloys, and the likes- and check for complete service history. If you want a more up-to-date Jazz, make sure you go for a post-2011 option, when the car received a mid-life refresh.
If as a buyer or pre-owned car, you are on the lookout for all the benefits of a good small car, namely, ease of use, low running costs, but need to combine that with the space and practicality of something like a mini-MPV, you can seriously consider Honda Jazz.
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