Essential Top Tips for Buying a Used Car

Buying a car is one of the most expensive purchases you are going to make. And if you opt for buying a used car it can be light on your pockets. However, buying a second hand vehicle that meets your requirements can be a tough task.

We are here to help you with this through our comprehensive guide. By following our tips, you can make your car purchase a trouble-free experience.

Get Your Finances In Order First

Buying a car is a huge investment that needs accurate calculations and budget worked out. Figure out the best way to finance your car. It can be either a personal loan or you can arrange cash. Make sure to realistically calculate how much you can allocate to car payments.

Determine your savings for the down payment. Also, remember that a large down payment can reduce monthly payments plus interest.

Keep Updated on Car Market Prices

If you find yourself in to buy a car, be aware of the market prices. You can search online or visit a car supermarket to have a better idea of the prices. That way you will have a good idea if you’re paying above par when you’re buying a used car. There can be so many options and it becomes more clear what car you want to buy and if it’s worth the price or not.

Where to Buy a Used Car From?

Now that you have figured out your budget plus made yourself aware of the prices, it’s time to look for options.

Buying From Main Dealership

Directly buying a car from a dealer can be a huge relief. They have a wide selection of used cars and most of the cars have mechanical checks performed. Dealers can also provide financing options and help you secure the loan. The cost of buying from dealers is high due to the added service they offer.

Buying From Independent Dealers

Independent dealers are usually cheaper than main dealers as the overhead cost associated with franchise dealers is eliminated. Many independent dealers are experts and can better guide you with specialist knowledge. Furthermore, they offer more competitive prices with more room for negotiation.

Independent dealers can be a smart choice if you have a car or at least the car specs specified. It is a more personalized buying experience hence you can get a better understanding of the vehicle you want to buy. To be on the safe side consult an independent dealer with a good reputation.

Buying Online

Buying online is the most convenient method. There are numerous websites that provide a platform to browse a wide range of listings. Some of the most popular websites you can check include Autotrader, Cars.com, Craigslist, plus eBay Motors.

These platforms give you the option to search for used cars with different criteria. It is crucial to verify the car’s condition and history. Also, see the car in person and maybe test drive it for your satisfaction before making any online purchase.

Buying From a Supermarket

Car supermarkets offer extensive inventory with a wide selection of different car models from different brands. You can personally visit and compare vehicles side by side to find the vehicle that suits your needs and budget.

Many supermarkets (such as Motorpoint) have multiple outlets across the country. You can visit the market and you will realize you have loads of options to choose from.

Buying From Private Sellers

Buying from private sellers can be cheap as you won’t be charged with service fees. You can directly negotiate with the dealer to secure a better deal.

As with private sellers, there is no warranty on the vehicle so you have to handle all the paperwork. It is highly recommended to get the car checked by a professional to avoid hidden problems.

Buying From Auction

Car auctions can be tempting as they offer vehicles at a reduced price. You are more likely to find rare cars in auctions. As you won’t have the option to test drive or properly inspect the car, there is always a risk involved. But make sure to ask about the mechanical policy to be certain.

How to Safely Buy a Used Car

Buying a car, especially a used car involves careful consideration. Follow the provided tips to ensure a safe car purchase.

Know Your Rights

Buying a car through a dealership is safer as you will be protected by the Consumer Rights Act.

You won’t get the same protection when buying from a private seller. When dealing with private sellers, you get the description in the advert that should match the car. In any case of mismatch, you can have a claim under the Misrepresentation Act.

Inspect the Car Carefully in Daylight, Good Weather

Try to have a good look at the car you are going to buy in daylight. Inspect every panel and inside surface to have a good idea of what you actually are paying for. It is more important to ensure that the accessories and gears work properly.

Take a Thorough Test Drive

It is important to ensure that the vehicle you are going to buy works properly. Make sure the car starts easily without making noises. Take a good test of steering to ensure it works fine without getting pulled at one side. Notice any trace of smoke coming from the exhaust.

Also, make sure you have insurance in place before setting off for a test drive. It is also crucial to check the VRM (better known as your registration plate) and the VIN (Vehicle Identification Number) on the registration document.

Finalizing The Deal

When you have decided to buy a car, make sure are terms are written you’ve agreed on. Both parties should keep a copy of the document they signed with the vehicle along with the buyer’s plus seller’s details.

Conclusion

Buying a used car requires careful planning plus involves many factors to consider as compared to buying a new car. By managing your finances wisely plus knowing the safety tips, you can make owning a used car an easy experience.