When you drive a new car in the showroom, it immediately loses about 20% of its value – which means that buying a car will never be an investment. However, if you buy a second hand cars, you can find an affordable engine at a price that does not shrink as quickly as a new car – so buying a used car can turn out to be a buying more profitable than buying a new one.
But sometimes, we have made believe that the world of used car sales is flooded with stereotypical car salesmen, ready to pounce on unsuspecting customers and take advantage of their ignorance of mechanics. So, how are you going to buy a used car that will not break the minutes driving you into the sunset? There are three main areas for buying a used car: a used car dealer, a private seller, or an auction.
Buying from a reputable car dealer is probably the safest way to buy a second hand car, especially if you have little knowledge about cars. Dealers usually test cars for safety and stability machines and often offer some form of warranty. However, the disadvantage of buying from a dealer is that they tend to be a little more expensive than buying privately – even though these are often still open to price corrections.
It is possible to find bargains in the used car at auction.
However, buying a car auction does not usually allow you much time to investigate or try the vehicle’s drive – so be careful; especially when buying online auction sites where you have a photo and a short description to continue.
Private car salesmen can be found in local newspapers, board notifications and through online classified car ads. There is no shortage of car salesmen and this is probably the most common way to buy a used car. In search of a car of interest, a buyer can contact the seller by phone or email to perform an inspection and make an offer.
Before buying second hand cars, first, check the current market value for the vehicle you want. There are guides from most newsagents who make lists and models for almost all cars and provide approximate age value.
When checking a car, first check the bodywork.
Is there corrosion or rust? It is rare to find a vehicle over 5 years old that is completely free of rust but make sure that any corrosion is aesthetic rather than structural. Then look at the general condition of the engine and check the color of the oil and coolant, as this may give clues to the condition of the engine. In addition, check the mileage interval, ask to see the logbook of the car and check the amount of tax and M.O.T. left in the car.
As long as you do your basic research, and take a careful look before dividing your money, buying a second car can be a very cost-effective way to buy a vehicle – get on the road without bank violation.