In recent years, the volume of second-hand car transactions across the country has shown an explosive growth. Second hand car market transactions have also moved from offline to online platforms. Second hand car finance, with the slogan of "10% down payment" and "no middleman earns the price difference", has also ushered in a substantial growth. What are the scams of used car ownership transfer? What are the four rules for self inspection of used cars? Let's have a look.
Trap one: bundling consumption
Many consumers who used to borrow money to buy second-hand cars have reported that second-hand car sellers have "ingenious names" and bundled various fees in loan contracts, and most of these fees will not be listed in the agreement. At first, it was said that there was only interest in sales. Later, it was said that there would be a handling charge. Later, there were five or six additional fees, such as "GPS usage fee", "assessment fee", "margin" and "financial service fee". But these expenses were never mentioned by the sales staff when they talked about the loan contract before. Second hand car dealers force consumers to submit by signing contracts first and then informing them.
Trap 2 blank contract
'blank contract' is the current situation of the used car market. As the procedures of second-hand car trading are not as complicated as new car trading, many consumers, in order to save trouble, sign a 'blank contract' after reaching a simple purchase intention with the sales staff, which is easy to step into the 'consumption trap', and all kinds of 'unexpected' charges will follow immediately. Industry insiders said that the so-called "blank contract" is actually consumer fraud. Sales staff induce consumers to sign without knowing all the details of the transaction, which is not in line with the rules for signing sales contracts. However, due to the long-standing "hidden rules" in the second-hand car market, the situation of "one willing to fight, one willing to suffer" is often caused, which damages the rights and interests of consumers.
Trap 3: concealing mortgage information
In addition to the problem of "blank contract", there is also the problem that businesses conceal the mortgage information of second-hand cars. After signing the car purchase contract with consumers, the sellers do not tell whether the car had a mortgage before. A lot of consumers are trapped. After paying for the car, they find that they still have tens of thousands of yuan of loans to pay off.
Trap 4: fuzzy extended insurance service
Since the second-hand car after-sales is not guaranteed, China's extended warranty products were born, there is another topic in the second-hand car industry called "extended warranty for second-hand cars". It is reported that the penetration rate of second-hand car extended insurance business in the United States is about 30%, second only to 65% of the penetration rate of second-hand car consumer loan business. It is a product in the insurance category. In China, it appears in different modes, some through insurance companies, but some directly through distributors. Let's not talk about whether the extended insurance company directly issues the insurance policy after it certifies and tests the sold vehicles. Just say whether it guarantees a part of a used car or a system. Different people can choose different insurance methods and different packages. Therefore, it is necessary to clearly communicate the issue of extended warranty when purchasing.
Trap 5: it's hard to distinguish true from false
For marketing, some offline physical markets have large-scale professional equipment and develop a series of testing standards. Online platforms also claim that they have special testing factories that can issue relevant certificates. However, it is understood that there is no unified testing and certification standard for second-hand cars. The testing items everywhere and the testing standards all over the sky have numbed people and it is difficult to distinguish the true from the false. Some consumers spent 200000 yuan to buy a second-hand car on the second-hand car trading platform. The platform claimed that the car had passed 249 professional inspections. However, when the ownership was transferred, the purchased car was detected as an accident car by the traffic police of the vehicle management office and could not be transferred. Therefore, consumers still need to have some experience, through careful comparison and questioning to find some clues on the problem car.
There are four conditions for self inspection of second-hand vehicles:
1. Carry out visual inspection, including checking whether the vehicle engine model, factory number and chassis model are consistent with the records on the driving license.
2. The technical condition inspection of the vehicle includes checking whether the vehicle is damaged by collision, whether the door is balanced, whether the paint falls off, and the degree of metal corrosion of the vehicle.
3. The inspection of the interior of the carriage, accessories and the bottom of the vehicle depends on the old and new degree of the seats, whether the seats are concave, whether the tools attached to the trunk are complete, whether the windows are flexible, whether the instruments are original, and whether the pedals are elastic.
4. The engine inspection includes observing the external condition of the engine to see if there is any oil stain outside the cylinder; checking the oil quantity of the engine, taking out the oil measuring ruler to see if the oil is turbid or blistered; opening the water tank cover to see if the fan belt is properly tightened, etc.