Looking to buy yourself a car? Opting for a used car over a brand new one is the best way to go especially if you are buying a car for the first time. Since used cars are less expensive than new cars – you can get the perfect car AND save money!
However, there are some things that you should take into account before purchasing a used car. Keep reading to find out!
This point cannot be stressed enough! When buying a used car, it is always best not to rush into it. This is a slow job and requires you to weigh all your options before settling for the right one.
When looking for a used car, take things like fuel usage, mileage, major car accidents, and safety grade into consideration. You should also make a note to check the car’s service schedule, i.e. if its cam belt needs to be changed then try and negotiate the price off with the seller as you will have to make the replacement.
The type and model of the car matter too, for instance, if you are looking for a family-friendly car then an SUV is your best bet. However, if you want to get a good bargain then going for something a little less fashionable like an estate/station wagon would be a better option. Marques like Mercedes and BMW never lose their value within the market however, they are more expensive. On the other hand, mainstream car brands like Ford, Vauxhall or Peugeot may lose their value sooner, however, they are valued for money as they are just as good as the higher-end marques.
If you don’t want to be ripped off make sure you have done enough research to back you up. Not all car salesmen are your best friends, and they won’t be doing business in your best interest, therefore it is important to be wary of underhand sales tactics.
As with most high-value items, the used car market goes through trends as well. Certain types of cars are in high demand in specific periods, for example during winter, SUVs are in high demand as people are looking for larger, safer vehicles to drive during the season. Therefore, sellers tend to increase prices during this time.
If you are looking to get the best deal on your choice of used car, opt to shop during off-season as prices tend to be lower as sellers are looking to make any deal!
Bonus tip: Holiday seasons are the best as everyone is busy shopping for other things, used car prices will be quite low and you are bound to find the car that best fits your specifications and budget.
Car listing websites
Looking up your choice of used car on listing sites is the best way to get an idea of the current market and obtain information like condition, features, and history from the comfort of your own home or on the go!
Local car dealership deals
Remember to look at the options presented at your local car dealerships as they may surprise you with a good deal! Keep a lookout for deals on new display and ex-demonstration cars as these dealerships will be looking to sell for a bargain price.
Don’t just settle for one dealer off the bat, especially if you are going for a private seller. Do some research and get prices of more sellers, compare and cross-reference before settling down on your used car. This way you can eliminate any options which are over-priced and get the best bargain prices.
An electric car?
Electric cars may seem like a hassle but they are the best value for your money. The used car market is quite good and you can easily find a good option for insanely low prices. So, consider buying a used electric car if all else fails.
Another place to get the best deals on used cars is at a car auction; however, the way of buying is completely different. You will have to register with the auctioneer as a buyer and you will not be allowed to test drive the car, you can only inspect the car being driven into the auction hall. Once you purchase the car and leave the hall, the deal is final.
The best part about buying a car at an auction is that it eliminates the middle man therefore the price may be lower than even buying from a car dealership.
Are you ready to buy a used car? Navotar would like to wish you happy car hunting!