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Old 14th March 2014, 15:42   #46
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Default Re: Problem with selling a '3rd owner' Used Car

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Originally Posted by Cooltronics View Post
I believe you would also have paid a higher road tax in TN as compared to PY over and above 1L buying price while re-registering ?
Seems to be a good arbitrage opportunity for car dealers
Cooltronics, as far as I can remember I paid around Rs5,000/- as re-registering charges. including higher road tax.( In 1999 ). I had to wait for about 4 months for the NOC ( No Objection Certificate) from the pondicherry R.T.O and 3 to 4 trips to the R.T.O in chennai. But in all worth the effort
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Old 17th March 2014, 12:33   #47
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Default Re: Problem with selling a '3rd owner' Used Car

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How come the owner being a doctor helps?.. I would rather avoid the vehicles from a doctor as typically they are very busy people leaving their vehicles being less pampered due to lack to time.

Same goes with people who just learned driving and old people ( and may be ladies). Chances that I may get a car that was driven on wrong gear are high. ( never seen my dad using 2nd gear, He jumps from 01 - 03)

George V
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I think the basic idea behind this common belief ( or should we call it false belief ) is not that doctors and ladies are car freaks to take good care of their car and keep it in perfect shape and condition.The only expectation behind this claim is the general belief that ladies often drive at low and moderate speeds.So the engine might never have been pushed to anywhere closer to its limits, and thus it may still be in mint condition. This is what I suppose is the so-called "advantage" that those brokers/dealers claim.

And I cannot understand how Doctors got an entry to this list.May be as quoted by someone above, doctors are generally considered as caring & law-abiding citizens.But what if the doctor has a teen-aged car crazy son who loves NFS ?
Historically, car's were prized possessions and only the Industrialists & Maharajas could afford the piece of luxury. With the service sector not yet developed in India, only the Doctors in the service industry could buy affordable cars and since it was from their hard earned money, with no loans available then, they very possessive about their drive and took good care of their vehicles. This coupled with their profession of being life savers and caring people led to the concept of "Doctor's car"
Trust me, coming from Doctor's family this still works in Tier 2 and smaller cities
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Old 28th March 2014, 18:26   #48
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Default Re: Problem with selling a '3rd owner' Used Car

I bought a preowned M800 some time back, used it for 8-9 months. Then sold it to Maruti true value. No fuss about it being in hands of two owners in past. In fact sold it at a profit of Rs 10000 plus exchange bonus (Rs 10000). I was under the impression that True value easily buys car with two previous owners. Yes in market being a second owner means a loss of 5-10 k for small cars.
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Old 27th May 2014, 15:13   #49
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Default Re: Problem with selling a '3rd owner' Used Car

I just sold my Volkswagen Polo recently and of innumerable prospects who came to see the car and who called to inquire, 80% of them checked, confirmed if they would be 2nd owners or 3rd owner and found them extremely sceptical to opt for a car where they are 3rd owners. I was quite shocked to say the least as I never experienced so much prejudice towards 3rd owner car before. May be it is the case with Individual buyers and not with dealers
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Old 27th May 2014, 15:50   #50
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Default Re: Problem with selling a '3rd owner' Used Car

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I was quite shocked to say the least as I never experienced so much prejudice towards 3rd owner car before. May be it is the case with Individual buyers and not with dealers
Second hand cars itself are difficult to sell at a good price and to find decent prospects. Many have a feeling that the 1st owner would have battered the car and could be in its end of life hence the car is being sold. I have seen this thought in all places so just imagine what the reaction will be when the buyer knows he'll be the third owner?!

I hardly see any well maintained cars around (Car enthusiasts not included) to quality good even when owned by a 3rd owner.

Anurag.
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