Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT
Loans For You
Loans for Business
Investment
Insurance
Apply

Quick Links for loans

Quick Links for Insurance

Investment

Offers Quick Pay
Back

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure
Know More
Back

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required
Know More
Back

New Commercial Vehicle Financing

  • First time user
  • Retail and strategic Clients
Know More
Back

Used Commercial Vehicle finance

  • Repurchase
  • Refinance
  • Top up
  • Balance Transfer
Know More
Menu  
 
Apply Now

Tata Capital > Blog > Consider These Things While Purchasing a Used SUV Car

Loan for Vehicle

Consider These Things While Purchasing a Used SUV Car

Consider These Things While Purchasing a Used SUV Car

So, you’re looking for an SUV to drive on extreme off-roading adventures, long road trips, and to just navigate the chaos that is the Indian traffic scene. However, a new car isn’t something to take lightly, especially when your budget does not agree with you? That’s when you buy a used car. With a used car loan, you can buy a second-hand car with ease, and own your dream SUV. Here are some things to ask yourself before you go ahead.

Know More About Used Car Loan

Why do you want this car?

The most important thing to do before buying a second-hand car is really thinking about why you want it in the first place. If it’s just for travelling in the city, you might want to consider a car more suited to stop-and-go traffic. If it’s a long road trip vehicle, you’d think about the mileage. Defining the purpose of your SUV brings you one step closer to finding your perfect car.

How much can you spend on it?

Your budget is your holy grail throughout this process. After all, affordability may be one of the main reasons why you’re exploring second-hand cars in the first place. The trick is to truly understand your budget. It should cover not just the car itself, but any potential repairs and inspection costs.

Can I ask for a test drive?

You can definitely ask to test drive the car, and you should! With a used car, the exterior may be flawless, but you won’t really know how great the car is till you drive it. Take it downhill, on highways, make sure you have a complete picture as suited to your needs.

What should I know about the car?

Do plenty of research on the car. Find out all you can about the model, read expert opinions and make sure you really know what your SUV is supposed to be like. It’ll help you make an informed choice and will definitely help you negotiate on a price.

Is warranty important?

It’s important to make sure the car you’re buying is certified. A warranty gives you either the manufacturers, or a third-party guarantee that the car you’re about to buy is in the promised condition. You don’t want to be stuck with a car that breaks down 24 hours after you’ve purchased it. Be informed, and make sure your SUV is certified!

Should I get my own inspection?

You should definitely insist on getting the car inspected by a trustworthy expert. There are some things you won’t be able to pick on your own. Check for mismatched body-work, engine resistance, tyre wear, and tear, and definitely ask for service history! There’s a chance your dealer may have not had a thorough check done. Know what you’re paying for.

The most important part is not to fall in love with a car until it’s yours! Be prepared for disappointment; sometimes a car won’t pass muster after an in-depth check. Stick to your budget, as there’s plenty of used car finance like second-hand car loans to help you out. Tata Capital offers loans for used car at an affordable interest rate, starting at just 12.5%. So, what are you waiting for? Get your SUV with a used car loan from Tata Capital today!

Apply Now

Your Smooth Ride Awaits: Take a Quick and Easy Vehicle Loans!

Apply now
Popular Searches
safest car in india car down payment pdi full form tax benefit on car loan pdi checklist best cng mileage car sedan cars under 10 lakhs what is adas top rated electric cars best sedan cars in india
Disclaimer

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools
Our Subsidiaries
Our Other Websites

Useful Links and Resources

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Policies, Codes & Other Documents

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Tata Capital Solutions & Services

Uh oh, something went wrong

Please try again later.