If you are considering buying a used car then it is important that you are aware of certain factors to ensure that you are getting the quality you deserve at a price you can afford. Purchasing a used car needn’t be a stressful experience or something that you might regret in the future. Used cars can be the best investments as new cars tend to be overpriced due to their maintenance plans. If you follow these guidelines you will have a reliable, dependable vehicle and you will also save money on your purchase:
- Once you have made your mind up of what to buy, do not take the first offer, but rather shop around first.
- Do not buy a car that does not have a full service history with either the manufacturer or an approved dealership.
- Get the vehicle checked and tested professionally, if you can do this yourself then do it to save money.
- Test drive the car yourself or get a friend or mechanic to do so, often a second opinion is valuable when choosing your vehicle.
- Buy the vehicle from a private seller rather than a used car dealership as they are good at disguising faults with the vehicle.
- Do not be shy to barter and negotiate the price as you may get away with paying a much lower price.
- Work out what you can afford and do not exceed your budget.
- Trust your gut instincts; if the car does not feel right then do not purchase it.
- Insist that the seller put the car through a roadworthy test so that you will not have any issues later on with this.
- Be aware of roadworthy inspectors who are corrupt and are looking for a bribe.
- Do not buy a car at a discount because it has been in an accident, it could be dangerous to drive and will have a very low resale value.
- Check with the police that the car has not been stolen before you buy it.
- Used cars can be bought at a steal depending on the model and the resale value of the car. Japanese manufacturers like Honda and Toyota have a very good resale value because these cars have been shown to be reliable over the long term. Other foreign manufacturers, especially French and American cars, have a bad resale value, so keep this in mind when you are looking to purchase a new or used car.
Remember that car manufacturers have differing maintenance plans on their vehicles, so you might be buying a car that is not covered for this anymore and foreign cars are expensive to maintain and service. Speaking of cover, do not drive the car before the car insurance is in place, this could put a huge financial burden on you if you are involved in an accident. Always be aware when buying a used car, it could make or break you!