7 Tips For Buying A Used Car
There can be many advantages to buying a new car. A lower price tag, less depreciation and a larger variety within your price range are all attributes that can lure in potential buyers. It’s well known that when buying a brand new car, you can instantly lose up thousands of dollars just by driving it off the forecourt. However, if you don’t know what to look for when purchasing a used car, you may end up paying over the odds, needing some costly repairs, or even jeopardizing your safety.
So today, Dentless Touch will be bringing you our easy guide of what to consider and look out for when purchasing a used vehicle, to make sure you get the most for your money. When purchasing a used car, you want good value for money and a car that suits your needs, so let’s take a look at a few things that can help you with your search:
Think Before You Buy
Before considering any car, it can be a great help to consider your needs for a vehicle. Do you have a large family and need a car for road trips? Maybe you just need a car to commute to work each day, or perhaps you’ve just passed your test and you’re looking for your first car. Whatever you’re reason, it helps to choose a car that fits your needs. You can save a lot of money in the long term by buying a car suits your needs, rather than adapting it or paying more for a car that has elements you won’t use.
Use an online check to find out the vehicles history, you can find out details such as when the car was last registered, if it’s been involved in any accidents and sometimes mileage values by carrying out online registration checks. If the vehicle has been involved in an accident that the seller hasn’t mentioned you should avoid it at all costs. If you know the specs of the car, you can also do some insurance price checks to make sure it fits within your overall budget.
Check The Face Value
This is probably an obvious one to most, but always begin by checking the outer appearance of a car your considering buying. Look out for things like bubbling paintwork and dents, which could be signs that the vehicle has been in an accident. Use your judgement to decide on what you consider an acceptable condition for the vehicle, as light scratches and small dints generally appear on most cars after prolonged use. Equally if the car is in immaculate condition with one or two dents, it might be worth checking out the price to have them repaired – especially if you can negotiate a good discount on the vehicle price.
Inspect All Areas
Give the car a thorough inspection. There are some nightmare stories out there of people who have purchased used cars, only to find out the vehicle had no engine. While stories as dramatic as that are rare you might uncover lose parts, leaks or damage that can be costly to repair. Take a good look underneath the car, under the hood and also around the interior to make a general assumption that everything is good.
Private Or Dealer
Buying from a dealer often works out to be more expensive than buying privately, however it also gives you extra protection. Car dealers justify their higher price tag by offering warranties on their vehicles, as well as replacing any faulty parts prior to the sale. It is also easier to make a complaint with a car dealer and providing they are reputable, you should be able to get a replacement, repair or refund if anything goes wrong with your vehicle.
Ask to take the car for a test drive. Not only can this be great to see if you are comfortable driving and handling the vehicle, it can also be a good way to check for any issues the car may have. Use this time to try the acceleration, braking, parking brake and anything else you haven’t already checked, such as windscreen wipers and lights.
And finally, if I could give you one piece of advice on getting a better deal on a used car purchase, it would be this. Any faults that you have picked out with the car equal a discount. Point out everything no matter how small, this includes dints, light scratches, faded paintwork and more. If you point out several issues with the car, the dealer will be forced to suggest a better price. You could offer them a low price, see what their counter is, then use this as a base to bring the price down by pointing out the issues you found.
So that concludes our 7 tips for buying a used car. If you do your homework before looking for a purchase, set out a budget and perform the correct checks, you should be able to get an excellent deal on an old car. One thing that didn’t make the list but is worth noting is car depreciation value. This can change yearly and from region to region, but you can quickly search the average depreciation of car models online. If you’re looking for a car that will hold it’s value well in the hope that you can resell it for a small loss or even profit, it’s worth checking the depreciation value of the models you’re looking at.
Remember that as with any business, there are always people out there operating scams, so if you find a car with an excellent price that seems to good to be true, it probably is. Equally, you may find an excellent car with some damage that you know can be repaired easily – such as a dent that can be repaired by us at Dentless Touch. Use scenarios like this to negotiate a price in your favour, and you might be able to make some money back when you come to resell.