Thinking about buying yourself a taxi?
If your answer is yes, consider that taxis for sale for dealers have advantages and disadvantages from buying from a private individual. The legal aspect of the taxi you buy from an individual will be lower but remember you may get an absolute bargain! Dealers cannot provide all the information as to what the taxi has been through before being put up for sale, thinks like crashes, body work and other problems which may have occured.
Legally the seller must disclose all of that information but unfortunately not every dealer is scrupulous enough to do it. If they claim they never got the information or forgot, there is little recourse.
This is why it’s important to get the taxi’s history, including service records and parts bills. You should steer clear if the seller doesn’t have these, or says you can’t see them. It could be an indication that unacceptable parts have been used instead of the recommended ones for that model. Make sure that the work has been done by a qualified mechanic or dealer. If it has, and the records presented are legitimate and complete, you can be reasonably sure the taxi was properly maintained and otherwise taken care of. Before you buy, get a feel for whether this person is selling honestly and can be trusted.
Here are some questions you may want to ask the seller:
1) How long have they had the vehicle in possesion?
2) How many people have used the taxi aside from you?
3) Is the odometer reading accurate?
4) Why are you selling the taxi?
5) Is the paperwork from the last service available?
There are plenty of other questions you can and should ask but these are the important ones. Another important question is to find out if the taxi has any money owed on it, you dont want to find out somebody has a debt on the taxi after purchasing it.
Taxis for sale from dealers as opposed to an individual, you will have more rights. An act known as the “Sale of Goods Act” will apply here. Taking into account the age of the taxi you wish to purchase and its price, the taxi should not have any major faults. The only faults are ones that you have asked the seller about and were explained to you completely.
If you plan to use it for its intended purpose, then it should be up to the task. Don’t forget that you should also have someone knowledgeable verify that the seller’s claims are accurate, and you can also get reports using the vehicle identification number, or VIN, that will give a history of the taxi’s prior accidents and other major events.
Next get the engine checked out to make sure its in working order and also check that the name of the person on the papers/reciepts matches the name of the dealer you are going to buy it off. Enjoy your taxi and keep all the records of service incase you ever wish to sell.
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This entry was posted on Tuesday, November 18th, 2008 at 12:05 am and is filed under Auto Insurance News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.










