There is no denying that a new car should be more reliable than a previously owned one and that you shouldn’t expect any problems with it, even though there have been cases of disappointed owners of new cars having to deal with both minor and major faults in their cars. Still, not everyone can afford a new car. Also, many people decide to buy used cars for reasons other than money.
To begin with, used cars don’t lose so much value over time as new ones. Next, some models are no longer produced and if you have your heart set on a particular model, you may be restricted to the secondhand car market. Finally, some people simply don’t want to encourage mass production that affects the environment. So, if you’ve decided to buy a used car, here are some basic tips that should help you make the right choice.
Set your budget
This means that you should not only be realistic about how much money you can spend, but also how you’re going to pay for the new car. You need to carefully analyse all the options and compare them in order to avoid getting into financial trouble simply because you bit more than you could chew. Look for the deals that include interest-free loans or any other incentive that should help you pay for your new acquisition, if you don’t have enough cash to pay the whole amount at once.
Choose the model
Knowing exactly what you need should help you shortlist some models. Consider your needs, the number of people expected to be riding in the car and the amount of stuff you need to carry with you. Don’t go for a fancy model just because you like it, but which doesn’t provide enough room for the whole family or your camping equipment, for example. Similarly, consider the fuel consumption and how much money you’d need for fuel for your regular rides. The choice of a particular model will also affect the amount you’d have to pay for registration and insurance, so bear that in mind, too.
You need to be familiar with the price range of the model(s) you’re interested in, but it might be overwhelming to visit many dealerships to find the best deal. That’s why you now have a luxury of turning to professionals like Carbiz who help people buy and sell cars while collecting all the relevant info and suggesting the best deal. That will save you both the time and stress of making sure you’ve checked every available car in the region.
Another thing you should do is run a background check on the particular models you are interested in. This includes checking reliability, ownership costs, as well as what other owners of that model say about their experience. Also, look into how much value that car holds by comparing the prices of various new or used cars with different mileage and year of manufacturing. Finally, check how much is the insurance cost for the models you’re considering.
Inspect the car
If you’re not an expert in cars, it’s vital that you have someone who is check your car and look for any potential problems. You should also check the vehicle history report and see if there have been any major damages to the car. Also, you need to see that the car has been regularly serviced and maintained by a licenced professional if you want to minimise the risk of something wrong happening quite soon.
Never buy a car without giving it a proper test drive or two. Ideally, you should select a route that offers hills, rough pavement, curves and a stretch of motorway, so that you can see how the car behaves in different situations. If you see that there is an unexpected problem, such as blind spots or inability to reach all the gauges and controls, you should turn your attention to another model.
Negotiate the price
Don’t start the negotiation process unless you know exactly how much money you can spend and what a realistic price for new or used cars are. The secret is to secure the deal that will make you satisfied, i.e. that you don’t feel cheated. So, your first offer shouldn’t be insultingly low, but still slightly under the going rate. Acknowledge the positive aspects of the car, but make sure you also point out the problems, such as worn out tyres.
As you can see, there are many things involved, but the whole process doesn’t need to be all that stressful. If you do your homework and are realistic about your needs and financial ability, you really should have problems finding the right kind of car for you and your family.