GUIDE FOR BUYING A PRE-OWNED LUXURY CAR: KILLER TIPS YOU SHOULD FOLLOW

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BUYING GUIDE FOR A PRE-OWNED LUXURY CAR KILLER
TIPS YOU SHOULD FOLLOW

• Do you think buying a pre-owned luxury car is a
  good investment?
• Nowadays, the Indian automobile consumer mindset
  is shifting towards buying pre-owned luxury
  cars. Over the last decade, the market share of
  used luxury cars has been stable at 18 and is
  expected to grow faster after the pandemic
  period. A brand new car is obviously a choice
  for many, but growing competition and comparable
  pricing have made it easier for the customers to
  explore the option of pre-owned luxury cars.
• Why can buying a pre-owned luxury car be a good
  investment?
• Lower depreciation It is a no-brainer that brand
  new luxury cars depreciate more in the early
  years. A used luxury car, however, has lower
  depreciation rates as time goes by. For
  instance, within the first 3 years, the brand new
  car is likely to lose 50 of its initial value
  as per market trends.
• Affordable pricing Nowadays, when you compare
  the top model of premium car manufacturers with
  the pre-owned four-wheelers by luxury car
  manufacturers, youll find a marginal
  difference. That is to say, if you opt for a
  well-maintained pre-owned luxury car, youll get
  extra features, reliability, and greater comfort
  at a great price.
• Insurance cost As the vehicle gets older, the
  insurance premium rate decreases because it is
  calculated according to the car's current market
  value. If you can manage to get hands-on a car
  with valid insurance, it can be an added benefit
  in the long run.
• Dedicated dealerships Organized players for sale
  and purchase of pre-owned luxury cars have made
  it easier for people to buy a used vehicle
  without having to worry about

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resale, fitness, etc. These dealerships also
offer an extended warranty, making it all the
easier for customers to opt for pre-owned luxury
cars. Quick tips you should follow while buying a
used luxury car
i.

• Engine Check
• Engine must not limp while idling
• Check for engine oil, oil filter, and leakages if
  any
• Observe any weird sound or noise from the engine
  compartment
• Check the spark plugs and ignition coils, cables
• Cross check the engine number and chassis number
  with the documents
• Gearbox Check
• Check for the sticky gear stick
• Check for vibrations in the gear shift lever
  Check for leakages and gearbox oil levels
• Check for noises or sounds while engaging the
  gear
• Check for the burning smell, which is a symptom
  of overheated fluid
• Transmission Oil Check
• Check the oil level after warming the engine
• Check for oil quality and wear. Brownish red
  color indicates a fluid need to be replaced
  Check for leakages from the gearbox and fluid
  chamber
• Engine Back Compression Check
• Check for leakages by noting readings in the
  compression test
• Test must be performed by disconnecting and
  removing all spark plugs, fuel pump, and

ii.

iii.

iv.

• fuel injection fuses
• The pressure gauge must be connected to the spark
  plug hole, and the engine should be cranked 3-4
  times to get stable readings

• The above step should be repeated for all the
  cylinders
• Engine Heating Check
• Check for coolant levels in the sump as well as
  circulation system Check for leakages in the
  circulation system
• Check for ticking noise in the engine. This
  indicates low engine oil viscosity as more

v.

friction is generated between the parts

• Check for engine losing power while idling
• Engine Temperature Check

vi.
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• Check for temperature warnings on the dashboard
• Check for radiator health and proper functioning
• Check for faulty water pump which circulates the
  coolant liquid
• Ball And Bearing Check For Suspension
• Check for wear indicators on the ball joints
• Check for body role while driving or nose-diving
  while applying brakes Check for knocking sounds
  when the car moves over bumps
• Check for rust or mud accumulation in and around
  the ball bearings
• Check for steering difficulty at low speeds,
  which indicate wear and tear in the

vii.

suspension system
viii.

• Test Driving
• Test drive the vehicle for at least 10-15km
• Check the air conditioning, central control unit
  faults/warnings
• Check smooth braking and throttle while driving
• Check for sounds inside the cabin while driving
• Check all the electronics, buttons, ORVMs,
  adjustments, seat adjustments
• Check for a tire alignment and tread wear and
  tear
• Check for limping or coughing in the engine while
  driving
• Brake Pad Check
• Check for wear indicators on the brake pads
• Check for brake fluid, leakages in the individual
  discs Check for brake lights on/off while not in
  use
• Check for the handbrake function running normally
• Meter Tampering Check
• Check the service booklet for meter readings and
  service dates Check for marks or finger
  impressions inside the odometer Check for spare
  switches which look out of place
• Check for internal wear and tear, floor rust for
  estimated years of use Check if the odometer
  reading is getting stuck somewhere while driving
  Door Opening And Touching Check
• Check for touch panels, smart sensor proper
  functioning Check for creaking noises while
  opening or closing the doors

ix.

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xi.

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• Check for tightness or difficulty in opening the
  door with remote key
• Check for proximity sensor functioning
• Check for door open warning light indicator on
  the instrument cluster
• Tyres Quality Check With Treads Level
• Check for tread wear and tear, year of
  replacement, and odometer reading collectively to

xii.

• determine tire health
• Check for bubbling or imbalance while driving
• Check for correct tire configuration as
  recommended as per the car make and model
• Check for the difference in rim sizes or
  modifications
• Final conclusion on buying a pre-owned luxury car
• Buying pre-owned luxury car can be a very
  rewarding experience if you give proper attention
  to inspections and checks. You can always ask a
  trained mechanic who is familiar with the car to
  run tests for you. This should not be considered
  an expense because a trained mechanic can reveal
  countless faults, which are worth negotiating for
  while deciding the final price of the car.
• Thus added comfort and luxury can be availed
  without spending a lot and makes a smart
  investment in the long run. Stay tuned to our
  website for more such informative blogs in the
  coming week.