Wahanaya.lk articles
Practical advice on buying, selling, leasing and looking after a vehicle in Sri Lanka.
Showing 86–97 of 121 articles
Yes. Leasing companies in Sri Lanka lease to self-employed people every day, but since you have no payslip you must prove income a different way, using business registration, bank statements and your IRD tax file.
Wahanaya.lk team7 min read
If your leased vehicle is stolen or declared a total loss, the insurer pays out based on market value and that money is used to settle your outstanding lease balance first. You stay liable for any shortfall and must keep paying until the leasing company confirms the facility is closed.
Wahanaya.lk team7 min read
The number (S, 6, 5, 4.5, 4, 3.5, 3, R, RA) tells you the car's overall condition at the Japan auction, and the letter (A-E) tells you the interior condition separately. Grade 4 or 4.5 with an A or B interior is normally a safe buy; R or RA means the car had structural accident repair.
Wahanaya.lk team7 min read
Check the seller's CR book for an 'absolute owner' entry, then confirm it free or cheaply through the DMT's online Vehicle Information service before you pay a cent.
Wahanaya.lk team7 min read
Most popular small Toyota and Suzuki cars in Sri Lanka use a timing chain that lasts the engine's life, but older diesel double cabs like the pre-2020 Hilux, L200 and D-Max use a rubber timing belt that should be replaced on a schedule, typically every 90,000-160,000 km or 5-7 years, whichever…
Wahanaya.lk team7 min read
There's no single rule — most banks stop leasing vehicles at around 7-10 years old, some finance companies go up to 14 years, and a few will finance popular models up to 30 years old subject to conditions. Check with the specific company before you buy.
Wahanaya.lk team7 min read
A poor CRIB record makes a lease harder, not impossible. Settled defaults stay visible for years, but a guarantor, a co-applicant, a bigger down payment or a clean recent repayment pattern can still get you approved.
Wahanaya.lk team6 min read
Most cars need a coolant change every 2 years or 40,000km, but Sri Lanka's heat, traffic and short trips mean you should check it every service and consider changing sooner if it looks rusty or low.
Wahanaya.lk team7 min read
A permit vehicle can be cheaper, but if it's still within the no-sale period, you may inherit a hefty tax bill when you transfer it. Check the import date and ask the seller for proof before you pay anything.
Wahanaya.lk team7 min read
There is no single online tool that shows a vehicle's full fine history in Sri Lanka — GovPay and the police system need a fine notice number, not just the plate. Protect yourself with a signed letter from the seller and by transferring ownership within 14 days of buying.
Wahanaya.lk team8 min read
Most CVT cars in Sri Lanka need the fluid checked around every 40,000-60,000 km and changed sooner if you drive mostly in heavy traffic, because Colombo-style stop-start driving and heat count as severe duty, not normal driving.
Wahanaya.lk team7 min read
A missed instalment triggers penal interest and a default notice. The finance company cannot seize your vehicle without warning or by force — it must give you at least 21 days' notice and go to court if you resist.
Wahanaya.lk team7 min read
