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May 24 19, 12:14 pm

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Tips when buying a secondhand car

by | Feature

May. 24, 19 | 12:14 pm

In this day and age, having a car is not anymore considered a luxury. It’s a must especially for overseas Filipino workers (OFWs) venturing into the field of entrepreneurship where mobility and connectivity are a must for success.

Storypedia, created as a place where people of all ages can visit, any time of the day and get interesting news, information and articles, hand-picked from around the world and presented in an easy and quick to consume format, has come up with the following tips to help you get a good deal.

“It is important for a buyer to find out about accidents or repair work done on the vehicle and to ensure that there are no loans or hypothecations that the vehicle is subjected to. Physically check the car, its interiors, and tyres. Test drive the car to see how it handles, its brakes, transmission and so on. Registration papers and insurance documents should also be examined thoroughly,” according to the site.

All said, here goes your checklist:

• Make sure the car is not stolen. You may be needing a car fast and be tempted to get one that’s right in the budget. “However, it is the responsibility of the buyer to ensure that the vehicle they are buying is not stolen,” said Storypedia, advising that you instead check all documents to compare the engine number and chassis with the number in the registration papers. “Remember it can get one into legal trouble if one is found to be driving a stolen car,” the experts at Storypedia said.

• Online scams. Better yet, be wary when buying online. The site said one such scam came to light in the UAE recently when a person offered a car for sale at a very low price supposedly because the car would be shipped from Japan. However, when the potential buyer was asked to deposit money in an account with a Cameroon address, the scam came to light.

• Low price offer. Here’s one that Storypedia obviously ran an extra mile for the full picture in terms of the scammers’ modus operandi: “Scamsters usually promise a high-end car for a surprisingly low price. They may be lone operators or may have a proper setup with a slick website, English speaking staff and so on. The seller may offer gifts, bonuses or rock bottom prices to lure people. No purchase should be made without full verification of the vehicle as well as the selling company.”

• Don’t release money till you have the car. Storypedia says scammers ask for a large upfront deposit. “Many scamsters ask for an upfront deposit and buyers pay this before physical delivery of the vehicle or before the vehicle is transferred in their name. if a seller demands this be very suspicious.”

• Lastly, if it sounds too good to be true, it most likely is not true. The advice from the experts? Be very suspicious of a seller who demands an advance escrow account deposit. Also, beware of a seller who asks a buyer to pay off the outstanding loan of a car and get the ownership of the car verified before making any such purchase. Check information about warranties and warranty expirations and have the car properly inspected to ensure that the odometer has not been tampered with.

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THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 1 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

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