Finalising the deal
After the car has been taken for a final test drive and all necessary legal
documents are put in order, the price has to be finalised. For most
transactions, bargaining is still a part of the process. Whether you like to
bargain or not, you can control the situation by simply keeping the price of the
car totally separate from the discussion. Many sellers - especially dealers -
will try to convince you that the car you are looking at is the “ideal car.”
While this may or may not be true, you should be sure in your own mind that the
car is worth the asking price based on a thorough inspection by an independent
technician or diagnostic service as well as your own research. Above all, do not
let yourself be pressurized into a deal.
Final note
Before buying a used car, get it checked by a mechanic or a technician whom you
trust. A used car may have major mechanical or structural problems. Replacements
of important parts may be costly and hard to find. The seller/dealer may
misrepresent the car's mileage or condition; and warranty coverage may not be
available.
Paper Work
Legal documents
All the required legal documents such as Mulkiya (Registration), Insurance
Certificate and Service Book must be in order.
Mulkiya
Check whether the previous owner has cleared all the dues.
Insurance certificate
Check whether the car is covered under third party insurance or comprehensive
insurance. Check whether the premium has been paid at regular intervals.
Service book
The entries in this book will provide information on the time intervals the car
has undergone servicing.
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