Know the 7 benefits with affordable insurance, which you will get when you buy an old car.

Companies that sell second-hand cars also provide a one-year additional warranty to the customer. In this case, it can be seen as an advantage. Companies like Maruti Suzuki’s True Value and Mahindra’s First Choice are involved in this business.

New Delhi. The practice of buying new and second-hand cars has been in practice for a long time in Indian customers. Customers who cannot get a new car according to their budget take the old second-hand car. Often customers hesitate when buying second-hand cars and are unable to choose the car correctly. Tell you that if you choose a second-hand car with prudence and determination, then along with saving your money, you get good resale value of the car as well. Let us tell you about some such benefits.
Price – You get the benefit of money by taking a second-hand car, but you have to make this deal with prudence. You need the patience to come to a good deal. Many new companies have created such stores from where the customer can buy second-hand cars. Companies such as True Value and Cars 24 are involved in this.

Resale Value – It is often seen that the price of a new car is starting to decrease very soon, which sometimes falls to less than 60 percent. While this is not seen in second-hand cars. Second-hand car users can sell the car again for a good price. Second-hand car prices remain constant over time.
No extra charge – While taking a second-hand car, the customer does not have to pay any extra charges, only the customer has to pay for the car. While the customer has to bear registration, road tax, and other RTO-related expenses while taking a new car.

Extended Warranty – Nowadays, most car companies are giving an extended warranty ranging from 5 to 7 years. If you get a deal for such a car, then you can take advantage of it without any additional expense.

Warranty – Companies selling second-hand cars also provide a one-year additional warranty to the customer. In this case, it can be seen as an advantage. Companies like Maruti Suzuki’s True Value and Mahindra’s First Choice are involved in this business.

Low Insurance – The premium of the insurance of the car is decided according to the age and market value of the vehicle. In such a situation, the insurance premium of a second-hand car is also less.
Easy Monthly Installment – When buying a new car, the customer has to make more down payments along with more monthly installments. While taking a second-hand car, the monthly installment is also reduced due to the reduced finance amount

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