In this insightful episode, we dive deep into the world of scams and frauds associated with buying second-hand vehicles. Our guest, an experienced dealer, shares first-hand knowledge about common pitfalls in documentation, vehicle loans, RC verification, and how to spot genuine vs. fake papers.
He explains how customer details can be misused, the role of dealers, and the importance of understanding every step of the purchase process.
From OLX and Facebook Marketplace scams to understanding red marks on RCs and vehicle financing, he covers it all.
The episode also explores tips for buying new vs. used two-wheelers, the pros and cons of electric vehicles, and advice for youth wanting to enter the business world.
With practical examples, real-life experiences, and golden tips, this podcast is a must-listen for anyone looking to safely navigate the second-hand vehicle market and avoid scams.
#fraud #secondhandbike #marketing #scam
Contact Our Guest
Gursimran Singh (Guri Bhatia)
Instagram ID
https://www.instagram.com/guri.bhatia...
Time Stamps
00:00:- Highlights
01:42 Intro Guest
02:22 First, let’s talk about scams, especially the ones that happen these days when buying second-hand vehicles. Tell us which ones are common and how we can avoid them.
03:58 All the customer’s details can also be found out on the mobile.
11:20 This camera system has been implemented in Ludhiana.
13:47 Okay, this scam was the first time, but how do you see it now?
14:40 There are other people who don’t know; you have experience, they don’t, so it’s not that easy for them to recognize it.
15:48 And apart from this, is there any other scam?
20:39 Do you first buy it yourself, or do you work on a commission basis?
23:00 There are some dealers, and it’s good to have information about them too.
The other person should do the work properly, but you yourself should also know which documents are required.
24:00 How did you come into this line, and how did it start?
27:19 You consider yourself lucky and have entered this line because of your father.
27:54 Do you manage this business along with him?
28:36 Because you have to bring the two parties together, discuss things, and give them satisfaction.
30:25 We were talking about scams, and there’s another scam that happened to my friend on OLX and Facebook Marketplace. Tell us about it.
38:39 What happened with my friend is that he completed the deal, took everything for the day,
but the people there caught him, beat him up, and even took the 5,000 he had in his pocket.
42:10 At the start, we talked about scams. How can one find out whether the RC (Registration Certificate) is genuine or fake
43:11 Either if I have the original RC, the person can find out, or I myself realize it through small details.
45:08 How can they find out if there are any challans (fines)?
47:40 I bought a bike from someone honest. I took the documents and submitted them for transfer.
Later, online it showed a vehicle loan, but they said they didn’t take any loan and didn’t listen to us.
51:30 I had heard that if there’s a red mark on the RC, it means the vehicle is under finance.
52:19 Are the electric scooters that are coming these days beneficial or not?
55:59 Also, not enough charging points have been installed yet.
56:23 In your opinion, should one buy a new two-wheeler these days or a used one?
58:56 What message would you give to the youth before leaving, and what can they quickly learn to advance in business? Would you like to give some golden tips
01:02:22 End
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