Automobile is a vehicle used for transportation. They can rage from cars, bikes, trucks, airplanes, trains, ships, cycle etc. While talking specifically about cars, they can be classified into brand new cars, second hand cars, re-conditioned cars and hotrod cars. Second hand car is the one that has been previously possessed or used by an individual or seller. Used automobiles are charged low price in comparison to brand new ones. People sell them through ads or classifieds.

Reason for buying an old car: people buy old cars because of the following reasons:

• One could not be able to buy a new car.
• One has enough money but not willing to spend all on a new car.
• One may be fond of cars.
• One may prefer a specific item in the previously used cars.
• One might love to drive old-fashioned cars.
• One would like to divert attention of others towards him/her by purchasing an old-fashioned car.
• One would like to avoid it being stolen or to have less damage.

How to buy an old car: While buying a second hand car one should keep the following points in mind:

• Is the previously owned car sold with guarantee?
• Always inquire about reason of selling the car.
• If it is sold under no warranty then how much of the amount is to be obtained for its maintenance?
• Verbal commitments are not too reliable therefore, it’s better to get a written assurance.
• Keenly check out the mechanical and the electrical issues of the pre-owned automobile.
• It’s better to take the car to a reliable mechanic for detailed inspection.
• Always keep the receipt of the old car with you.

Benefits: Some of the major benefits that used car offer as compared to new cars are:

• Used cars save a lot of money.
• Maintenance requires fewer amounts.
• You can buy expensive models that are unreachable.
• Security from defective old car regulations.
• There is no fear of decrease in its value.
• Authentication is provided for the old cars in good running condition.

Disadvantages: Regardless of the advantages, old cars have disadvantages as well:

• Previously used cars may have records of accidents.
• A new car arrives with the distinguishing features. This is not the case with second hand cars.
• Lemon law security might not be available.
• Some used cars have concealed faults.
• No one knows whether the previous owner has maintained the car well.
• High risk is involved for the lender while giving loans on used cars.
• There is no guarantee offered to the buyer while buying a used car regarding the right mileage and the good condition of the car.
• Sometimes the buyer may not spend more money on the maintenance of the used car than he would have spent on a brand new car.