Why check the history of a used vehicle before purchasing it?

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The automotive industry was one of the industries most impacted by the pandemic. Lack of supplies, manufacturing shutdowns and the rise in the dollar led to a shortage of brand-new models at dealerships. As a result, the used car market has been growing stronger to meet demand.

But when it comes to buying a used car, doubts multiply. How can you know if it has been involved in accidents or auctions? Are there any outstanding financial obligations?

Carrying out a vehicle inspection can be a good cash app database ! Below, we explain how you can purchase this service and have more security in your negotiations.



Expanding demand


Did you know that in the first half of 2021 alone, more than 7 million and 300 thousand pre-owned and used vehicles were sold in Brazil? The number is equivalent to 58,944 cars sold per day between January and June of this year. The data is from the National Federation of Automotive Vehicle Resellers (Fenauto).

The expectation is that the increase will continue in the second half of the year, consolidating used vehicles as a good alternative to the high prices of new vehicles. But it is important to be well supported in any transaction of this type!





Vehicle origin: Avoid future problems!


Many features of a vehicle may not be detected even when closely inspected by an experienced professional. In a competitive market, attempts to hide defects, issues or hidden problems in a used car are common. And no buyer wants to discover these after making the investment, right?

The best way to protect yourself against these problems is to conduct a complete vehicle history check . There are several types of vehicle history available, and you can find data at a state or national level. The more detailed the information, the more information you will have to safely close a deal!





What data do I need to check?


Did you know that vehicles with signs of accidents, chassis re-marking, irregularities in the registration and documentation may be rejected by insurance companies? This is just one of the possible problems when purchasing a car without good provenance!

So what data should be analyzed more carefully? We can mention:



Debit registration:
The purpose of this survey is to find out if the vehicle has any outstanding financial obligations that prevent it from being transferred to a new owner. Examples include fines, IPVA, DPVAT, outstanding debts or licensing fees . If the vehicle is left in circulation without paying the latter, it may even be seized.



Sinister:
This term identifies cars that have been involved in accidents, total loss, theft, auction or any situation that caused damage and harm to the property. This data is available for vehicles that were covered by an insurance company or that were recovered by one of these companies. In addition to losing market value, a damaged car may be refused for a new insurance claim!



Registration information:
Another point to consider is whether the vehicle's features are original from the factory. These include the chassis number, engine, color, and other model parts. If the presence of replacement parts is identified, for example, this may be an indication of previous problems, in addition to the possibility of future risks – not all of them have the same durability and quality as the originals.



Pricing:
Depending on the information you have purchased, you will be able to access the average price charged for the vehicle you intend to purchase. The main references are the FIPE and Molicar tables . Your data is also used by insurance companies to define the value of the policy and as a reference for possible compensation, for example.



Mileage analysis:
Although it is a crime, it is not uncommon to find vehicles with altered mileage on the dashboard. More complete vehicle checks provide an estimate of mileage considered high, medium or low. This way, you can assess whether a car with high mileage has more wear and tear, which could lead to a loss of market value or problems.