1. The brand value
When you are looking at Luxury Used Cars, compare different brands. Since you are buying a used car, you will be able to afford a better model and make. Each brand in the luxury segment has its own pros and cons. Read about them online or in auto magazines. Some of these brands work perfectly if they have been driven for less than 50,000 kilometres. But there are some exceptional brands that work perfectly even if they have been on the road for some additional kilometres.
2. Everyone has a history
Make sure that the car broker shares the complete history of the car. Be it number of maintenance checks it has had to the number of minor and major accidents. All this information is vital to understand the health of the car. If the car has undergone some modifications, please be sure to have full information regarding the same.
3. Not a word before you see documents
Ownership documents are absolutely essential for any car purchase. If the broker cannot produce them, forget buying that car. A car without proper documentation could be a stolen car. Thus registration papers should be present with all the important details.
4. The price is right
Typically a second hand car should be at least available at 30% lesser of the original value. There may be a change in value depending upon the prior usage of the car, conditions, repairs and maintenance etc. If you find any major scratches on the car or colour touch-ups at many places, you can bargain for a better price.
The key to a good second hand car deal is to have the right knowledge to be able to bargain well. A used car can be functional for up to 4 years which in some cases could be a great deal. Be careful with your choices and you may be able to get a good deal both on the car as well as on the insurance.