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Old 9th August 2017, 16:16   #856
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Default Re: ARTICLE: How to buy a *USED* Car in India

Guys, I'm planning to buy a used Verna AT. I'm getting a 2014 SX AT diesel and a 2016 S Petrol AT, both at around 8 Lakhs. Any suggestions on which I should chose from?
  • I'm a little skeptic about the latter as it is only 9 month old and has run only 3700 kms. The seller says he's selling because he needs money for some property purchase. Somehow I think there could be something fishy here.
  • I also think that this still is better buy than the 2014 model, given that its still under warranty and newer face lifted variant too.
  • On the other hand, 2014 model (with 21k on the odo) is the SX diesel model with better features.
Advise please.

Fun Fact: 2014 SX AT diesel has a Team BHP sticker on it

Last edited by meetgds : 9th August 2017 at 16:19. Reason: Just Realized
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Old 12th August 2017, 02:13   #857
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Default Re: ARTICLE: How to buy a *USED* Car in India

I am a Delhi resident . I am looking at a XUV that is HR-Gurugram registered . I have no intention of going through the convoluted inter-state movement of registration of the vehicle .
The dealer selling the vehicle has assured me of a transfer in my name in HR-Gurugram RTO by using the via media of a rent agreement .
Questions :
[] Is this LEGALLY doable and if so, is it advisable ?
[] Are there any downsides to this?
Will appreciate if someone who has gone through a similar process can share their opinion/experience . Am supposed to inspect the vehicle tomorrow & would appreciate if someone can guide me prior to my going through the exercise of inspection . Thanks in advance .
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Old 12th August 2017, 21:41   #858
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Default Re: ARTICLE: How to buy a *USED* Car in India

Quote:
Originally Posted by RS_DEL View Post
I am a Delhi resident . I am looking at a XUV that is HR-Gurugram registered . I have no intention of going through the convoluted inter-state movement of registration of the vehicle .
The dealer selling the vehicle has assured me of a transfer in my name in HR-Gurugram RTO by using the via media of a rent agreement .
Questions :
[] Is this LEGALLY doable and if so, is it advisable ?
[] Are there any downsides to this?
Will appreciate if someone who has gone through a similar process can share their opinion/experience . Am supposed to inspect the vehicle tomorrow & would appreciate if someone can guide me prior to my going through the exercise of inspection . Thanks in advance .
From what I know, this is what will happen

1. A fake rent agreement will be drafted to show that you live in HR.
2. Based on that agreement, the RTO will do the transfer
3. In all RTO records, that will be your address. So challans, etc go there.

Its a common practice. Not entirely legal though because at Step 1, you already signed a fake document.
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Old 13th August 2017, 13:10   #859
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Default Re: ARTICLE: How to buy a *USED* Car in India

We have made a deal for 2016 VW Vento Highline 1.5D AT with 20K on its odometer for 9.7 Lakhs in Bangalore.

Have few questions here. The vehicle insurance is expired and I will be spending another 30K for it. Since the vehicle is hypothecated to VW finance even if I pay for the pre-closure amount tomorrow, what we may get is an acknowledgment and need to wait for another two weeks for NOC from VW finance. The RC name transfer happens after that.

Now the question is what if we get an insurance tomorrow on the current owners name and what will it take to transfer the insurance to my wife name after RC ownership transfer.
Also is it safe to drive the vehicle until then?

Appreciate your valuable feedback.

Cheers!
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