4 types of used cars you should not buy to avoid losing money

Below are 4 types of used cars that users should not buy if they do not want to end up "losing both money and health".

Vehicle without clear legal documents

One of the most important things when buying a used car is to check the vehicle's legal documents.

Buying a vehicle with unclear documents can lead to a series of legal problems later on such as difficulties in registration, transfer, or even the vehicle can be confiscated if determined to be an asset of illegal origin.

To avoid falling into these situations, buyers need to check all relevant documents as well as vehicle information with competent authorities.

Old luxury car

Many buyers choose to buy old luxury cars to suit their budget. However, owning cars that are too old will cause buyers to incur more maintenance costs, along with a high possibility of damage.

Replacement parts for luxury cars, especially older models, can be difficult to find or prohibitively expensive. Furthermore, outdated technology may not meet modern demands or safety standards.

Re-registered taxi

Re-registered taxis have been in use for a long time and travel very long distances when used continuously every day.

This means that the car has to endure a lot of friction and wear, leading to rapid wear of important parts, and the quality will not be equal to that of cars used by families.

Car crash, flooded

Cars that have been in an accident or flooded often have serious damage to their chassis and electrical systems.

While it may be repaired and look like new, structural or electrical damage can cause serious safety issues down the road.

Additionally, the resale value of these cars is often very low, making investing in such a car no longer a wise choice.