How to get a refund for a problem used car you bought
- August 23, 2023
- 0
Panic in the secondary market in the middle of summer is something that has never been seen before. The sleepy holiday season has never been accompanied by huge
Panic in the secondary market in the middle of summer is something that has never been seen before. The sleepy holiday season has never been accompanied by huge demand. This year is an exception. Rising salvage costs coupled with exchange rate shocks have driven new car prices skyrocketing. And behind them, even more precisely, before them, prices for the “secondary” are falling apart. The speed with which private traders react to adverse market conditions is an order of magnitude higher than the reaction speed of the official market.
Hence the problems. Buying a quality used car is becoming extremely problematic in the current circumstances. People are only pushing completely illiquid assets these days: cars with technical or legal problems. What should buyers do?
The simplest advice: refuse to buy a car and rely only on your own strength. That is, choose a vehicle with the help of a friend-brother matchmaker who is at least versed in technology. Or turn to the so-called auto-pickers. Of course, this costs a little more, but the chances of getting a pig in a poke are significantly reduced.
As for the legal purity of the copy you like, it can be checked quite easily against various databases, for example on a popular source like Autocode. But what if the precautions taken don’t work?
Well, if even with this approach it turns out in the end that a newly bought used car is a bucket full of bolts and even stolen, it is not worth climbing the loop. According to lawyers, the deal can be canceled very easily and your hard-earned money returned. Yes, you will have to run, as they say, but the game is worth the candle. And you can learn more about how to do it in the next issue of the Avtovzglyad portal. Here.
Hence the problems. Buying a quality used car is becoming extremely problematic in the current circumstances. People are only pushing completely illiquid assets these days: cars with technical or legal problems. What should buyers do?
The simplest advice: refuse to buy a car and rely only on your own strength. That is, choose a vehicle with the help of a friend-brother matchmaker who is at least versed in technology. Or turn to the so-called auto-pickers. Of course, this costs a little more, but the chances of getting a pig in a poke are significantly reduced.
As for the legal purity of the copy you like, it can be checked quite easily against various databases, for example on a popular source like Autocode. But what if the precautions taken don’t work?
Well, if even with this approach it turns out in the end that a newly bought used car is a bucket full of bolts and even stolen, it is not worth climbing the loop. According to lawyers, the deal can be canceled very easily and your money back. Yes, you will have to run, as they say, but the game is worth the candle. And you can learn more about how to do it in the next issue of the Avtovzglyad portal. Here.
Source: Avto Vzglyad
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
