Don’t Buy Old Cars, Bikes: Here’s Why
Don’t Buy Old Cars, Bikes: Here’s Why
The current trend is to buy old cars and bikes and use them. The reason being that models from that era are no longer available in the market, so people are opting to buy old vehicles. However, if you do this, you will soon face significant losses. To understand why, take a look at these details.
Typically, if you want to buy a good car with a small investment, you look for second-hand vehicles. These vehicles, depending on the year of manufacture, are sold for anywhere between ₹2 lakh to ₹10 lakh. If you buy any old car just because it fits your budget, you will soon incur huge losses. The government might also seize your vehicle, as the rules are changing.
The central government is considering removing old vehicles. They are planning to soon stop cars that have completed 15 years of service. Therefore, if you are thinking of buying an old car, it’s better to reconsider. Transport department officials are also advising against it.
Apart from this, there are many drawbacks to using old vehicles. One of the major issues is the pollution control rules, which are likely to change soon.
If pollution control rules change, your old vehicle could face future problems. If these rules are amended, your vehicle will have to obtain a certification based on its lifetime. Even if your car or bike is still in good condition after its lifetime, the transport department officials will issue a certificate confirming its condition. For this, officials will conduct a thorough inspection using machines.
Vehicle smoke tests are also being conducted more strictly these days. The reason is that the government is considering halting a certain percentage of old vehicles after checking how many have increased over time. Specifically, they are considering halting vehicles older than 25 years. If your vehicle works well after its lifetime, transport officials will conduct a test and issue a certificate. Without this, you cannot drive your old vehicle.
Getting the engine of an old vehicle repaired according to pollution norms will cost a lot of money. Instead, it would be a better idea to take advantage of government discounts and buy a new vehicle. The government is also offering subsidies for purchasing pollution-free electric vehicles. Therefore, abandon the thought of buying old vehicles and try to invest in new, latest cars and bikes.Kerala Lottery Results Today LIVE: Akshaya AK-685 WINNERS for January 12, 2025; First Prize Rs 70 Lakh!
