HomeFinance

Got a car? Here’s what you should do next!

Like Tweet Pin it Share Share Email

Purchasing a new car is indeed a dream for many. There are numerous aspects to take into consideration while buying a car. These include comparing various brands and models, selecting the right mode of finance, choosing the best dealer, and taking the car for a test drive, among many others. Once you have made the purchase, it is necessary to ensure that all legal formalities have been completed.

Image Source – Car Safety

Follow the below-mentioned steps after you have bought your dream vehicle.

Check if all the paperwork is in order

Upon purchase of your car, make sure that you have the necessary paperwork from your dealer. Some of the documents include registration certificate, receipt of payment, tax receipt, and delivery challan, among others. You may also make sure to receive all the original documents in case you have borrowed a loan from a bank.

Insurance

According to the Motor Vehicles Act, 1988, it is mandatory to have a car insurance policy. Such an insurance policy

Accessories for your vehicle

If you have just bought a new car, you may make small value additions to enhance the look and safety features of your car. If your car does not come fitted with reverse cameras, mobile docks, or Bluetooth kits, install them upon purchase. You may also invest in a gear lock, mud flap, steering wheel cover, remote central lock with security alarm system, and GPS navigator, among others. Such accessories turn to be very useful, at times.

Proper maintenance of your car

Vehicle maintenance is very important for numerous reasons. It helps to reduce repair costs, maintain the car’s value, and also optimizes your car’s performance. Take your car to your local service center for regular servicing. You may make regular checks on your car’s engine, tire pressure, transmission, battery, emission system, and brake system, among others.

Roadside assistance

In an event of a breakdown such as a flat tire or engine failure, you may be left in a desperate situation. In order to avoid such a situation, purchase a roadside assistance cover that comes as an add-on on most auto insurance policies. You may seek emergency towing services, replacement of a flat tire, replacement if your keys are lost, and may also avail of coverage against minor repairs.

Take the aforementioned tips into consideration upon purchase of your new vehicle. Ensure to have all car-related documents such as registration certificate, 4-wheeler insurance, and Pollution Under Control [PUC] certificate. Once you have all your documentation in place, drive the car of your dreams without any hassle.