If you’re looking to buy a car but don’t have enough money for a new one, purchasing a second-hand car might be a good option. However, finding the right deal can be challenging.
In this article, we’ll guide you through some digital methods to help you find the right car for you.
Where do old cars come from?
Old or second-hand cars are those that have been seized by banks or agencies because their EMI wasn’t repaid on time. To recover the money, these cars are auctioned off.
While this used to be done by publishing ads in newspapers, it’s now possible to find these auctions online. Here are some websites that can help you:
e-Auction India Website
On this website, you can find various auction options for different categories, including property and vehicles.
You can select the option according to your city and even choose the bank of your choice.
The best part is that the price of the vehicle is visible in advance, and all details such as the car’s condition, auction start and end dates, and contact information for the bank official are available.
You can choose your vehicle and contact the bank to participate in the auction process.
e-Auction is Govt Website
This website is developed by the National Informatics Centre (NIC) of the Government of India. The government organizes many types of auctions on this website, including vehicles.
To find second-hand cars, click on “Auctions by product category” on the homepage and select “shipping/transportation/Vehicle” in the product category.
You can also search by applying other filters, such as the price.
You’ll get to see all the details about the car, including which RTO vehicle it is, when it was taken, and when it was confiscated, as well as when the auction will open and close.
Important things to keep in mind
Keep in mind that finding the right vehicle may take time, so regular visits to these websites are necessary.
Once you find the vehicle you’re interested in, you can participate in the auction process by logging in and filling out the necessary details.
However, be cautious as the second-hand car market can be risky. Always do a thorough investigation before making a purchase.
If you want, you can also talk to an auto expert who can give you a complete report of the car for a nominal fee.
