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Originally Posted by Shashank.A  Sorry if this has alredy been asked, however can someone please advice how does number of owners impact a car ? Like if I buy a car to whom I am the 5t owner, how much difference would be there in resale value ? |
If the car has exchanged so many hands, it needs to be thoroughly inspected and triple check needs to be done before purchasing. Reason being that there may be a bomb waiting for you in terms of maintenance or the car would have given lots of maintenance headache to the previous owners. This might be one of the top most reasons for selling.
If the car condition is perfect, there are no worries other than the resale. Its difficult to find a direct owner for a car that has changed many hands and you will end up selling it to a dealer. No need to explain how the deal will be exploited considering the situation.